Mirenco, Inc. Enters Into An Exclusive North American Sales And Marketing
Agreement With Whayne Supply Co., Inc.
RADCLIFFE, Iowa/EWORLDWIRE/Jan 16, 2009 --- Mirenco Inc. (OTCBB: MREO) is
pleased and privileged to announce that it has entered into a distributor
agreement with Whayne Supply Company, Inc., one of the oldest and largest
Caterpillar equipment dealerships in North America. The agreement encompasses
all of the United States and Canada. This business relationship arose after
Whayne Supply and its customers documented significant fuel savings and reduced
vehicle operation costs while using Mirenco's products. The agreement gives
Whayne Supply exclusive rights to market all of Mirenco's products and services
through a network of professional vehicle service centers with operations in the
United States and Canada. Initially, the primary marketing focus for Mirenco's
products and services will be concentrated towards heavy duty diesel equipment
throughout the Caterpillar network.
The agreement with Whayne Supply is viewed as an important step in the promotion
of Mirenco's testing and consulting business, and it is expected to result in an
increase in Mirenco's product sales. Mirenco is responding by increasing its
product inventory. Whayne Supply is in the process of expanding the marketing of
Mirenco's products and training through Caterpillar dealers.
The agreement with Whayne Supply culminated after several years of development
work which demonstrated the benefit that Mirenco's technology offered over other
available fuel saving options. "I have spent nearly four years working with
Whayne Management and the Whayne Team in bringing this relationship to fruition.
Mirenco is pleased to be able to work with such a forward thinking company,"
said Dwayne Fosseen, CEO of Mirenco.
Mirenco technology is designed to measure engine combustion health on a regular
basis. The objective is to maintain the "new engine" fuel efficiency and the
"new engine" health as long as possible over an engine's lifetime. The Mirenco
program measures and reports on the economics of maintaining enhanced fuel
efficiency as well as vehicle productivity. This information can be provided by
the professional vehicle service centers.
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
http://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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