MINING COMPANY ORDERS DRIVERMAX-CX TO SAVE FUEL AND REDUCE EMISSIONS
RADCLIFFE, Iowa-- (MARKET WIRE)—October 6, 2004--Mirenco, Inc., (OTCBB:MREO)
announces a leading national mining company has ordered seven of the newly
developed DriverMax—CX product to save fuel and reduce emissions due to current
strict air quality standards. The underground mining industry is currently under
close scrutiny by the Mine Safety and Health Administration (MSHA) for air
quality concerns. MSHA is expected to tighten regulations by 2006. The order was
placed while an intense test of the DriverMax—CX was being conducted.
“The DriverMax—CX has shown a 68% decrease in diesel particulate, which has
created a buzz in this large mining company that has 13 additional underground
mine operations as well as many times that in above ground mining activities.
Additional orders of the DriverMax—CX for the other operations are anticipated
in the near future,“ stated Dwayne Fosseen, CEO.
“Filters and other retrofit devices as well as additives have been used in the
past to reduce emissions. The DriverMax—CX not only is proven to reduce
emissions, but also provides the opportunity for payback by saving fuel. Since
many of the large mining vehicles burn 40,000 to 60,000 gallons of fuel per year
and with the current price of diesel, this equates to thousands of dollars in
annual savings. This has opened up a whole new market in the off-road
construction and mining industry,” Fosseen elaborated.
Designed especially for industrial and construction equipment with digitally
controlled diesel engines, the DriverMax—CX is available for installation along
with Mirenco’s Combustion Management Program (CMP), which includes opacity and
5-gas analysis and monitoring four times per year to maintain engine
performance.
The DriverMax® technology is a patented automated fuel management system that
matches fuel flow with fuel demand to allow an engine to operate as efficiently
as possible. DriverMax® was co-developed with the Department of Energy by the
same team that makes missile guidance systems. This technology was also
acknowledged by the Department of Energy as one of the “100 Best Technologies In
The 20th Century.”
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 nformation 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
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