A Successful Agreement: Mirenco, Inc. and Stepp Equipment Company Become
Partners in the Chicago and Milwaukee Markets
RADCLIFFE, Iowa--(BUSINESS WIRE)—May 2005—Stepp Equipment Company has signed a
distributor agreement with Mirenco, Inc. (OTCBB:MREO) to be the driving force
behind marketing the DriverMax® technology in the Chicago, IL and Milwaukee, WI
sectors. DriverMax® is a patented automated fuel management system that matches
fuel flow with fuel demand to allow a diesel engine to operate as efficiently as
possible by reducing emissions and fuel consumption.
“Our partnership with Stepp Equipment brings together Stepp’s expertise and
Mirenco’s cutting-edge technology; therefore allowing both successful companies
to benefit further. For Mirenco it was also a huge stride to be able to
penetrate two large markets; Chicago, IL and Milwaukee, WI through a well-known
distributor” states Rich Musal, Chief Operating Officer for Mirenco.
Ken Kozelka, General Manager for Stepp Equipment Company makes reference to the
agreement by stating, “Our customers are very impressed with the DriverMax®
technology and its ability to reduce fuel use and emissions. The partnership
allows Stepp the opportunity to be the only distributor in the Chicago and
Milwaukee areas with this type of technology; which allows us to fulfill our
company’s mission of being the leader in our markets.”
Established in 1954, Stepp Equipment Company is one of the country’s oldest
refuse equipment houses maintaining complete sales, service, installation, and
replacement parts departments in Chicago, Illinois and Menomonee Falls,
Wisconsin.
The DriverMax® technology has proven to be successful in many industries
including; mining, over-the-road trucking, stop and go delivery, and other
various vehicle fleets. It has proven to save between 5%-19% in fuel costs;
based on the application.
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:
Stacy Henson,
shenson@mirenco.com
800-423-9903
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