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Technology Stocks : Advanced Engine Technologies (AENG)
AENG 0.00010000.0%Mar 7 3:00 PM EST

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To: Bill Fischofer who wrote (50)5/10/1998 12:38:00 PM
From: Pirate  Read Replies (1) of 3383
 
The web site lists a lot of backgrounds.... mostly people in racing?

Has anyone seen any news of this company in any of the major newspapers, magazines, auto mags, etc. I caught news of this on another thread. If there's really no wide distribution of the news yet, seems like the stock may have a way to go when it breaks?

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Los Angeles, Ca. - March 6,1998 NEWS BREAK

Engine Industry Icons Join AET

Advanced Engine Technologies, Inc. a publicly traded Colorado Corporation (stock symbol AENG) is pleased to announce the successful demonstration of the OX2 Engine at the Headquarters of Carroll Shelby Enterprises in Gardena, Ca. last week.

The OX2 Engine having less than thirty parts with only three major moving parts was hailed by those present as the first real breakthrough in internal combustion engine design since the introduction of the Otto Four Cycle Engine some One Hundred and Thirty years ago.

The success of this demonstration has lead to the following engine experts and industry leaders joining AET, believing that the OX2 Engine will revolutionize the engine industry, becoming the engine for the 21st Century

Mr. Carroll Shelby, the world famous designer of many high performance automobiles including the Shelby Cobra and advisor to the automotive industry, has joined AET as a shareholder and advisor to the Board of Directors.

Mr. Holly Hedrich, a pioneer of drag racing and Bonniville Salt Flats Land Speed Record breaking with over fifty years experience in the development of high performance automotive engines, has joined AET as a company shareholder and advisor to the Board of Directors.

Mr. Bobby Allison, the famous NASCAR driver, Champions of Champions, has joined AET as a shareholder and advisor to the Board of Directors.

Mr. Bob Teague of Teague Custom Marine, a leader in offshore powerboat racing and developer of high performance Marine Engines, has joined AET as a shareholder and advisor to the Board of Directors, assisting with the introduction of the OX2 Engine to the Marine Industry.

Mr. Eddie Lawson, Four Time 500cc Motorcycle World Champion, has joined AET as a shareholder and advisor to the Board of Directors, assisting with the introduction of the OX2 Engine to the Motorcycle Industry.

Mr. Carroll Shelby has provided AET with the facilities of Carroll Shelby Enterprises as a permanent base for the ongoing introduction of the OX2 Engine.

On March 9th, 1998, AET will begin a tour across the country to introduce the OX2 Engine to interested engine manufacturers, demonstrating the suitability of the OX2 Engine to a wide variety of applications, establishing the OX2 as the most versatile engine ever developed. AET is set to become a rising star in a commercial world that has been long awaiting an innovative answer to what is recognized as a world wide problem, the need for a new type of internal combustion engine.

For further information visit the AET Web Site at www.oxtwo.com.
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