Energy & Engine Technology Corporation Announces First Orders & Anticipated Fulfillment of Its AXP 1000 Unit PLANO, Texas, Oct. 27 /PRNewswire-FirstCall/ -- Energy & Engine Technology Corporation (BULLETIN BOARD: EENT) (EENT) announced today that it has received confirmed orders to purchase 20 of the Company's AXP 1000 devices. With an aggregate total purchase price in excess of $100,000, the confirmed orders are all either pre-approved for lease financing or cash commitments. The Company's management anticipates that order fulfillment will commence in early November. Energy & Engine's flagship product, the AXP 1000, is an idle reduction technology device designed for new and retrofit installation into semi truck tractors that provides power generation without running a truck's engine. Powered by an EPA approved and CARB certified engine, the AXP 1000 maintains battery power and powers the sleeper cab thereby reducing fuel consumption, pollution and long term truck maintenance costs. The Company's management continues to focus on the market need set by Federal and State regulations that limit the aggregate idling time ever prevalent in the long haul trucking industry. Management believes that this Federal and State regulation along with new and more stringent regulations slated to begin in January 2004 has paved the way for a 2.5 billion dollar industry. Industry estimates suggest that there are over 500,000 Class 8 sleeper trucks in the U.S. today, and the number of new Class 8 trucks entering the market has exceeded 80,000 per year. With an average unit sales price of $5,000 per AXP 1000 unit, management believes that even moderate market penetration could result in significant earnings to the Company. Anticipated metrics on unit sales project that for each 1,000 units sold, the Company generates gross revenue of approximately $5,000,000 and net revenue of approximately $1,000,000. Additionally, the Company's marketing efforts continue to meet with success. EENT had extraordinary potential customer response from its participation in the Great American Truck Show, in Dallas, which occurred in September with an estimated 30,000 people in attendance. The AXP 1000 was featured at the American Trucking On the Road Magazine booth and has also been advertised in the magazine, which is estimated to have a circulation in excess of 80,000. Management is looking to continue this success by teaming up with On the Road again for the Mid America Truck Show (MATS) in March 2004 in Louisville, KY, which is touted to be the largest truck show in the world, with projected attendance of over 80,000 people. About Energy & Engine Technology Corporation EENT (http://www.eent.net/ ) is a Plano, Texas -- based concern which develops and markets auxiliary power generators for the long haul trucking industry, and operates a wholly-owned subsidiary, Wind Dancer Aviation Services, Inc. Wind Dancer (http://www.winddancer.aero/ ), a wholly owned subsidiary of EENT, which commenced operation as the FBO at Stevens Field in Pagosa Springs, CO in December, 2002, is poised for significant growth. It has acquired STC's (which are FAA-approved supplemental type certificates) for various general aviation aircraft turbocharger kits and expects to commence installation in December 2003. 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 Energy & Engine Technology Corporation) 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 form those expressed in any forward-looking statements made by or on behalf of Energy & Engine Technology Corporation. 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. Energy & Engine Technology Corporation http://www.eent.net/ +1-972-732-6360 DATASOURCE: Energy & Engine Technology Corporation CONTACT: Energy & Engine Technology Corporation, +1-972-732-6360 Web site: http://www.eent.net/

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