DALLAS, Sept. 26, 2005 (PRIMEZONE) -- StockGuru.com has issued a Profile Report on Engine & Energy Technology (OTCBB:EENT). The report, authored by Shailesh Dhuri, CFA, discusses the AXP 1000, the benefits of idle reduction, the market potential of the product, and an outlook for the company.
Mr. Dhuri issues this outlook:
"Energy & Engine Technology plans to exploit the lucrative APU market as it already has a strong foothold in this industry. Recent estimates suggest that there are 3.2 million or more long haul trucks on the road today. As the company continues to execute its business strategy, it should experience very significant top line growth, even if it manages to only capture a small market share. The company has spent over 7 million dollars to date in the development of the AXP 1000 and related technologies and has several patents pending for its technology. The company has vertically integrated the production/supply chain and sales aspects of its business. Because of this, it has a very tight control of the entire manufacturing process. Energy & Engine owns and operates its own assembly facility for the AXP 1000 in Pompano Beach, Florida, capable of producing up to 250 units per month, and its own Over-the-Road Comfort Systems (HVAC) facility (Anchor Manufacturing) in Tampa, Florida with similar capabilities. It has also secured its supply chain for major components which will be able to handle increases in orders to maximum capacity. Additionally, Energy & Engine has participated in several trucking industry trade shows over the past three years, with increased interest in the AXP 1000 at each show. The company is planning to identify new markets for its products and intends to strategically expand all of its business units in the future. It is also considering a move to a larger stock exchange in 2006, to increase visibility and share liquidity."
To view the complete Profile Report authored by Shailesh Dhuri, CFA, please visit: http://www.stockguru.com/profiles/eent/report.aspx
To view the StockGuru.com Profile for Engine & Energy Technology, please visit: http://www.stockguru.com/profiles/eent/index.aspx
Last week, John Pentony interviewed Engine & Energy Technology's Willard McAndrew. In the interview, Mr. McAndrew gave a comprehensive update on the company and its primary product, the AXP 1000. Mr. McAndrew also commented on recent sales and the surge in the price of energy as it relates to the AXP 1000.
To listen to the interview, please visit: http://www.stockguru.com/profiles/eent/interview.aspx
About EENT:
EENT (http://www.eent.net), headquartered in Plano, Texas, develops and markets power generation products for the long-haul trucking industry and heating and air conditioning systems for the long-haul trucking and marine industries.
Energy & Engine Technology Corporation develops and markets auxiliary power generators for the long-haul trucking industry. The company headquarters are in Plano, Texas, but the company also has production facilities in Pompano Beach and Tampa, Florida, and a flagship installation facility in Dallas, Texas. Additionally, the company's Tampa-based subsidiary, Anchor Manufacturing, produces marine air conditioning systems. The company's flagship product, the AXP 1000, is an in-demand solution for the long-haul trucking industry. The AXP 1000 provides a main engine, idle-free power source capable of running truck air conditioning and heating systems, microwaves, TVs, and other electric devices, reducing pollution and dependence on foreign energy sources by limiting use of diesel fuel, thereby reducing noxious emissions into the environment. The company was incorporated under the name Bidder Communications, Inc. in November 1999 and changed its name to Energy & Engine Technology Corporation in December 2001.
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The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by EENT) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the high technology and energy industries, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth, and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of EENT. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financial activities, domestic and global economic conditions, changes in federal or state tax laws, and market competition factors.
Disclosure: Pentony Enterprises LLC and TalkingStocks.com LLC have been compensated a total of $8,000 from the company for profile coverage. Neither TalkingStocks.com, LLC, nor Pentony Enterprises, LLC, are registered investment advisers or broker/dealers. TalkingStocks.com, LLC and Pentony Enterprises, LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.