DALLAS, Oct. 12, 2005 (PRIMEZONE) -- StockGuru.com has issued a Profile Report on Energy & Engine Technology (OTCBB:EENT). The report is authored by Julie Marshall, Senior Financial Analyst for Pentony Enterprises. The report discusses the auxiliary power units marketed under the brand name AXP 1000. Marshall discussed the market potential for the AXP 1000 and notes in the report, "The utilization of the idle-reduction technology is anticipated to lead to savings of over $3.5 billion and reduce diesel fuel consumption by over 1.2 billion gallons every year." Also discussed in the report are Anchor Manufacturing and BMZ Generators Technology, Inc.
Marshall issues the following conclusion in the report:
"Energy & Engine Technology Corporation is currently trading at $0.08 per share. We see this as an opportunistic time for investors, as the Company's future growth prospects appear to be very bright. Given the huge market potential, experienced management team, innovative technology, and capital resources (the Company raised $3.5 million in 2004), the firm is expected to have a bright near- and long-term future.
"Energy & Engine already has a strong foothold in the industry and is expected to tap the growing and lucrative Auxiliary Power Unit (APU) market. Even a small portion of this industry would lead to significant revenues for the company. Although APUs have been around for several years, the recent surge in global oil prices, combined with stricter enforcement, has placed a spotlight on this industry. According to recent estimates, it has the potential to become a $3.5 billion dollar per year industry. The Company has been actively marketing its products with special emphasis on the AXP 1000 to capitalize on this trend. In line with this, it has participated in many trucking shows as well over the past three years."
To view the complete Profile Report authored by Julie Marshall, please visit: http://www.stockguru.com/profiles/eent/report.aspx
To view the StockGuru.com Profile for Energy & Engine Technology, please visit: http://www.stockguru.com/profiles/eent/index.aspx
In September, Stock Guru Publisher John Pentony interviewed Energy & Engine 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.