NESBIT ORDERS NEW PRODUCT DRIVERMAX-CX FROM MIRENCO TO
SAVE FUEL
RADCLIFFE, Iowa--(MARKET WIRE)—October 13, 2004--Mirenco, Inc., (OTCBB:MREO)
announces that Fred Nesbit Distributing Company, Inc., Iowa’s largest
distributor of Anheuser – Busch products within Central Iowa, has ordered the
newly developed DriverMax-CX product especially designed for digitally
controlled diesel engines. Nesbit has been using DriverMax® on its entire
delivery truck fleet since May 2004.
“Our delivery trucks with DriverMax® have been experiencing between 8-12% in
diesel fuel savings. Our new trucks with Caterpillar engines will be arriving
soon, so we wanted to take advantage of the opportunity to immediately purchase
the DriverMax-CX for them once we heard about the success of the prototypes,”
stated Art Sween, Nesbit Controller. The new DriverMax-CX technology is
scheduled to be installed on Nesbit trucks this November.
Like so many delivery fleets with ‘stop and go’ routes, the increase in fuel
prices have dramatically affected their bottom-line. “The cost of fuel is one of
our largest expenditures and it seems as though it just keeps getting worse. The
DriverMax® technology is a welcome solution at Nesbit. I’ve been impressed with
Mirenco’s system and their recommendations regarding our fleet,” said Deno
Spray, Nesbit Fleet Service Supervisor.
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
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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