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Gold/Mining/Energy : Alternative Fuel Systems ATF:VSE -- Ignore unavailable to you. Want to Upgrade?

To: Jim Bishop who wrote (4471)	7/29/2000 1:09:14 PM
From: STARTER	Respond to of 4605

Daimler/Chrysler & Mitsubishi joining forces. In the last two weeks Daimler/Chrysler announced that it had bought the rest of Detroit Diesel and has also bought Western Star truck including Orion Bus. For the immediate future, does this not SMELL of $$$$$$$$$$$ for ATF? I posted a similar message on SH with NO response. Am I missing something or is this not an opportunity created by D/C to make $.

To: Jim Bishop who wrote (4471)	7/30/2000 10:13:13 PM
From: sgc	Read Replies (2) \| Respond to of 4605

Jim and others, The Calgary Herald Saturday July 29, ran a recruitment advertisement for a wide array of skilled people for AFS, page WS14 Looking for, outstanding people in the following areas: Automotive Software Control System engineers, Electrical Engineers, Manufacturing Engineers, Quality Control Engineers, Test Call Engineers, Product Engineers, Physicists, Technologists, Purchasing Administrators, Senior Marketing Executives, Product Marketing Managers, Product Sales Professionals. Well, looking at this ad, it would seem that AFS personel must be quite confident in their future. JCA has I think added a tremendous amount of strength and depth so far as leader of the company. One thing for sure about him, he is determined, highly focused, and I get the feeling FWIW, he is ahead of the competition. As John continues to assemble the new team, it will be very interesting to see how AFS progresses in the important field of "Cleaning up the air we breath". Their proven NG fuel systems and growing commercial sales are very good to see. In addition, the RFC has been under development for quite some time now, over 2 years I believe, who know when we might see something very positive on that front. Just my opinion of course, but things look quite good for AFS right now. SC

To: Jim Bishop who wrote (4471)	9/25/2000 8:13:57 PM
From: elcasmirb	Read Replies (1) \| Respond to of 4605

Subject: AFS Ignites Natural Gas Vehicle Market With New Sparrow IM System Date: Mon, 25 Sep 2000 19:06:05 -0400 From: portfolio@newswire.ca To: "Portfolio Email User" <portfolio@newswire.ca> Attention Business Editors: AFS Ignites Natural Gas Vehicle Market With New Sparrow IM System CALGARY, Sept. 25 /CNW/ - Today Alternative Fuel Systems Inc. (AFS) announced successful completion of field tests on the new Sparrow IM System that includes a distributorless ignition module. A new evolution and application of the AFS Sparrow Fuel Management System, the Sparrow IM is designed to enable diesel engines to operate efficiently using 100% natural gas. In independent tests conducted by the customer, the Sparrow IM was able to achieve at least a 10% improvement in average power and torque over the base Mercedes diesel engine. To the delight of AFS' customer, the Sparrow IM was able to maintain this power and torque improvement over the full range of engine speeds while providing excellent overall performance and engine response. This testing, part of AFS' project with DaimlerChrysler licensee, IDEM, is one of the final steps before product shipments for this project get underway next month. As part of this project, IDEM, the original equipment manufacturer, will install the Sparrow IM Systems in the factory. A national bus manufacturer is already awaiting delivery of the first manufacturing run and other companies have expressed strong interest. These engines are initially targeted for use in commuter buses in Tehran, Iran, in order to comply with government policies promoting the use of domestic natural gas supplies and vehicle pollution reduction. Faced with serious air quality problems, Iran, like so many countries around the world, is taking dramatic steps in order to reduce vehicle emissions. "This is another example of AFS' ability to provide customized and effective solutions to engine emission problems," said AFS President John C. Anderson. "AFS doesn't just ship a box of parts. Each system we sell has been specifically designed for a particular engine and vehicle type in order to meet our customers' requirements. When there was a need for a 100% natural gas fueling system for diesel engines, AFS was asked to design the system and created the hardware and software systems to make it happen." AFS Vice President of Research and Development Paul E. Newman commented, "When this project first came to AFS, we evaluated the ignition systems on the world market. The one system we found that met our minimal requirements only generated a 17mJ spark. After developing our own integrated ignition system, we were able to provide a 70 - 90mJ spark. This larger spark enables the Sparrow IM System to provide better cold starting and more reliable performance overall." Newman also pointed out that a key factor in the success of the new Sparrow IM System is the full integration between the fuel control and spark ignition control software. This allows the system to be very responsive to operational and environmental changes and durable enough to handle heavy use in harsh environments. Self-monitoring software informs the driver if conditions change while maintaining optimal performance. Anderson said, "Obviously we are delighted with the results of these performance tests and with our customer's satisfaction with the power these engines provide. As the first step in our OEM agreement, I'm glad to see work progressing this smoothly and successfully. We will be shipping the first 500 systems to IDEM by the end of this year." AFS will next be developing catalytic products for engine aftertreatment for IDEM for natural gas engine applications. The two companies are working together to achieve EURO II emission standards and evaluate other market opportunities in other counties. As more countries seek to improve air quality and reduce the production of greenhouse gases, demand for these types of integrated products and solutions is continuing to grow. The Sparrow IM System designed for the Mercedes engine in Iran not only meets IDEM's needs, it is also similar to what would be required to meet engine performance requirements in the US, Europe, and Asia. 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- 09/25/2000 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. -------------------------------------------------------------------------- The Canada NewsWire Yahoo! Webcast Calendar (http://www.newswire.ca/webcast) is the definitive list of live, upcoming and archived Canadian news events broadcast on the Web. To inquire about Webcasting for your company, contact Canada NewsWire at 1-800-825-6133 or e-mail us at webcast@newswire.ca. Le calendrier Yahoo! Webcast de Canada NewsWire (http://www.cnw.ca/webcast) est la liste définitive des événements canadiens en direct, à venir ou archivés diffusés sur le Web. Pour plus de renseignements sur la diffusion sur le Web des événements de votre société, communiquez avec Canada NewsWire au 1-800-825-6133 ou envoyez-nous un courriel à webcast@newswire.ca. --------------------------------------------------------------------------