Mirenco Signs Contract With Canadian Bus Manufacturer 

Mirenco signs OEM deal for new buses

Radcliffe, IA - Mirenco, Inc., based in Radcliffe, Iowa, has developed DriverMax, a product that Overland Custom Coach plans to install in all of the vehicles they manufacture. The Ontario company is the first to use the devices as standard equipment. The Iowa product will be installed on each of the 127 buses that Overland is building for the Toronto Transit Commission.
For Dwayne Fosseen, President and CEO of Mirenco, the contract is a rewarding step in a journey that actually started during the 1976 oil crisis. That's when Fosseen realized there might be a need for some type of device concerned with vehicle exhaust emission and increased fuel mileage.

The Company has over 90 locations, primarily in the southeastern United States.  Mirenco has previously performed its Combustion Management Program at five of the Company’s locations.

The result is DriverMax, a product that increases fuel economy while controlling vehicle emissions, all in a black box that can be installed on existing engines. The device, designed by the Department of Energy from Fosseen's patent, can also be used on passenger cars.

Ever since he graduated from Radcliffe High School, Fosseen has been an inventor. For many years he farmed in addition to his business interests, combining those two areas in his 1964 invention, an auxiliary fuel tank for farm tractors. 

"I've spent years working on environmental issues." comments Fosseen. Perhaps that concern comes from his connection to the farm near Radcliffe that was settled by his great-grandfather, where Fosseen still lives with his family.

In addition to Overland Custom Coach, DriverMax units are being installed, tested, and sold to cities for use on their buses in St. Louis, Memphis, Chicago, and several other large cities in the U.S. and internationally. The unit recently received approval from the State of California Air Resources Board.

Mirenco has also received a grant from the Department of Energy to develop EconoCruiseTM, another model from Fosseen. That new microprocessor unit will link the world's satellite navigation system (GPS) to a vehicle throttle. For the first time in history, fuel mileage and engine exhaust emissions will be managed by satellite technology. 

About Mirenco

Mirenco is a Radcliffe, Iowa-based Company that specializes in patented vehicle management technology and consultative services for reducing vehicle emissions, improving fuel economy and lengthening the service life of heavy-duty diesel vehicles.  More information is available at ucing vehicle emissions, improving fuel economy and lengthening the service life of heavy-duty diesel vehicles.  More information is available at www.mirenco.com, or via e-mail at info@mirenco.com or by calling 800.423.9903.

Some of the statements made in this press release are forward-looking in nature.  Actual results may differ materially from those projected in forward-looking statements.  Additional information concerning Mirenco, Inc. can be found within Mirenco's filings with the Securities and Exchange Commission.  Statements in this release should be evaluated in light of this additional information.

Contact Information:
Dwayne Fosseen
fosseen@mirenco.com
800-423-9903