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Technology Stocks : Advanced Engine Technologies (AENG) -- Ignore unavailable to you. Want to Upgrade?

To: Harry J. Finn who wrote (1697)	8/3/1998 5:04:00 PM
From: Greg Cummings	Read Replies (3) \| Respond to of 3383

An update has been posted to AENG's web site. I've posted it here. Sounds like AENG has employed a wizard. Makes sense to put it all on computer. This is likely to move things along rapidly. Company Progress: Upon completion of the US demonstration tour, the company has been concentrating on consolidating its base in the US and responding to industry inquires generated by the tour. Requests for information cover a wide variety of potential applications for the OX2 engine. It is the company's objective to respond to industry requests on a timely basis and to identify and enter into joint venture agreements with appropriate parties to develop the engine for specific applications. It is our belief that this will prove to be a cost effective and efficient method of commercializing the technology in an expeditious manner. To this end, over the past 8 weeks we have: Progressed with the Shelby joint venture Contracted for services of Mr. Paul Davenport Acquired state of the art computer system and CAD software CARROLL SHELBY JOINT VENTURE Facilities for the development of the OX2 engine in this country have now been established. Installation of the OX2 engine into vehicles is moving forward with the design of engine and powertrain configuration. PAUL DAVENPORT On June 28th, 1998 AET contracted for services of Mr. Paul Davenport to assist with the ongoing development of the OX2 engine. The following is an overview of Mr. Paul Davenport's qualifications and past experience: Educational Degrees in electronics (ASE) and mechanical engineering (BSME) West Coast representative engineer with the World Wide Electrical Apparatus Association (EASA) Registered with the Engineering Society for Advanced Mobility Land, Sea, Air and Space. (SAE) To manufacture motor vehicles under an assigned World Manufactures Identifier Code. (WMI) 5 « years with Lockheed Aircraft, Mockup and Engineering, Palmdale L1011 program. International Instructor for Lockheed Aircraft, Geneva's C130 Program. 75 copyright publications, covering Vehicle Manufacturing, Motor Control Systems, Electrical and Mechanical Engineering. Over 15 years experience in Advanced Computer Design (CAD) programming. Has successfully designed and built over 300 electric vehicles. DEVELOPMENT HARDWARE / SOFTWARE AET has acquired Advanced Computer Hardware / Software combinations to support the testing, design, and engineering of the OX2 engine for adaptation for specific applications The software includes CADSI Design Works and is supported with Solid Works. This state-of-the-art capability is equal to the Highest of Industry Standards, and with it we expect to achieve AET's strategy of simulated driven design, resulting in identification of critical design parameters early in the developmental process. This capability will provide visual review of designs through graphs, animation and color contours providing dynamic motion simulation of assemblies plus structural and thermal analysis. END Sounds as if AENG's been burning the midnight oil. Best of Luck, Greg