TORONTO, Jan. 18, 2005 (PRIMEZONE) -- MSE EcoEngine Inc. (Pink Sheets:MSEE) announced today that it has confirmed that the MSE EcoEngine (EcoEngine) may be used to replace infrastructure size electricity plants.
"Applications for the EcoEngine are diverse and municipal electricity plants represent an attractive market for us," stated J. Gregory Gooch, President of MSE EcoEngine. "We are some time away from being able to implement the EcoEngine technology on that scale, but it is on the horizon."
Municipal Generator Market:
In the US there is currently 830,000 megawatts of installed generating plants and this is increasing at a rate of over 2% per year while obsolescence is another 2.5%. Thus the total annual demand for new and replacement generating plants in the US is 35,000 to 40,000 megawatts. This represents a market potential of $100 billion per year for MSE EcoEngine Inc. in this one market segment.
About the EcoEngine
The 'EcoEngine' is capable of generating power using the free heat in ambient air as its sole source of fuel and producing, as by-products, clean water and cool air. The engine will be used as an inexpensive and clean source of technology. To learn more about MSE EcoEngine visit mseecoengine.com.
Forward-Looking Statements
Any statements in this release that are not statements of fact may be considered "forward-looking statements" as that term is defined under securities laws in the United States and Canada. Forward-looking statements are only predictions and may differ materially from actual events or results.