TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Jim Bishop who started this subject	10/18/2000 6:10:51 PM
From: Jim Bishop	of 150070

ATF.V more news AFS Completes First Shipment To DaimlerChrsyler Licensee IDEM CALGARY, Oct. 18 /CNW/ - Alternative Fuel Systems Inc. (CDNX: ATF) ('AFS') announced today that the Company has shipped the initial batch of Sparrow IM Fuel Management Systems to DaimlerChrysler licensee, IDEM. The shipment left AFS' loading docks on schedule and within budget. This first shipment will result in $800,000 in sales revenue for the Sparrow Systems and associated services. Part of a multiyear agreement with IDEM, this is the first of several AFS Sparrow IM System shipments scheduled as part of a $6.5 Million purchase and service agreement between the two companies. The Sparrow IM Systems will be factory-installed on Mercedes diesel engines manufactured by IDEM. The AFS Sparrow IM System includes a spark ignition system that was specially developed by AFS for this project in addition to customized Sparrow software and hardware. The Sparrow IM will enable the new Mercedes diesel engines to operate using 100% natural gas to reduce emissions and take advantage of Iran's substantial domestic natural gas supplies. Early onroad and laboratory test results from the initial Sparrow IM Systems installations in Tehran have been excellent and AFS has received great customer feedback. AFS also reiterated a key point from its October 11, 2000 press release regarding the development of a dual fuel management system to operate the Cummins ISC diesel engine using natural gas. AFS was commissioned by a customer to undertake this dual fuel engineering project. AFS did not, in any way, imply that there was a commercial relationship between AFS and Cummins Inc. Alternative Fuel Systems Inc. is an environmental technology company providing innovative solutions to the global engine exhaust emissions problem. AFS has developed and commercialized electronic engine management technologies that enable diesel and gasoline engines to operate using natural gas, and is at the forefront of research into exhaust aftertreatment technology. AFS is headquartered in Calgary, Canada and trades on the CDNX as ATF. The Canadian Venture Exchange Inc. has neither approved nor disapproved of the contents of this news release. Visit our website at: www.afsglobal.com -0- 10/18/2000 For further information: John C. Anderson, Phone: (403) 262-1833, Fax: (403) 237-7441, Email: investor@afsglobal.com To request a free copy of this organization's annual report, please go to www.newswire.ca and click on reports@cnw.

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