Advanced Engine Technologies Inc. to Develop 30 Kilowatt Integrated Generator Unit LOS ANGELES, Sept. 21 /PRNewswire-FirstCall/ -- Advanced Engine Technologies Inc. (OTC:AENG) (BULLETIN BOARD: AENG) announced today a new development partnership with Danotek Motion Technologies to co-develop a new revolutionary 30 kilowatt integrated generator unit. The agreement calls for the production of three prototype generator components that will produce 30kw of power in a significantly scaled down and proportional version that can be affixed to AET's revolutionary OX2 engine. This will result in a stand-alone fully integrated generator that is approximately one-third the physical size and approximately one-tenth the weight of comparable generators in the marketplace. The prototype's versatility will allow for horizontal or vertical mounting and operations, resulting in diverse applications and uses. Upon the completion of the first three prototypes, one generator will be converted to LPG fuel for further testing. "This is another step towards developing a powerful and effective alternative source of energy by utilizing AET's revolutionary OX2 engine," said John Luft, AET's Chief Operating Officer. "In light of the world's current energy struggles, this new OX2 Integrated Generator is expected to provide an exciting alternative to this very troublesome issue." "The Danotek team recognizes the key benefits of the revolutionary OX2 engine that features high "low speed torque," high power density, better thermal characteristics and is committed to the challenge of developing an integrated generator for mobile and standalone systems," said Dan Gizaw, Danotek's President. "We also recognize the future of the OX2 as a prime mover that can be adapted to applications that require small size and weight, as well as low-emissions". The anticipated completion of AET's first OX2 Integrated Generator beta version is expected in the second quarter of 2005. Final testing, certification and market evaluations will follow. The OX2 is a 4-stroke, 1.1-liter internal combustion engine that is 17 inches in diameter with a length of 13 inches and a total weight of 179 pounds in normally aspirated form. The compact engine weighs 75 percent less than and is half the size of traditional internal combustion engines. In addition, it offers the flexibility of being able to run on a variety of fossil fuels including gasoline, diesel, natural gas, liquid propane or methane. In addition, with far fewer moving parts than traditional engine designs, the OX2 engine could offer the further advantages of significantly enhanced operation and maintenance costs and a longer useful life. With its expected higher power-to-weight ratio, multi-fuel capacity and anticipated low emissions and fuel efficiency, the OX2 has a practical and much needed application in the commercial and industrial generator markets. Additional future applications may include marine, light-duty farm and construction equipment, light aircraft, and the hybrid electric vehicle market. However, the near term focus remains electrical generator applications. Investor inquiries can be directed to the company at (310) 914-9599. To update the investment community and all interested parties about the progress of the OX2 engine, Advanced Engine Technologies has established a hotline at 310/323-2895. Additional information pertaining to the OX2 engine can be accessed through the company's Web site at http://www.ox2engine.com/. About Danotek Motion Technologies Danotek Motion Technologies is a technology driven company that develops and markets high performance variable speed Permanent Magnet Generators, Motors, Power Electronics and Digital Controls. Danotek Motion Technologies is committed to providing innovative solutions to market demand with outstanding custom engineered products, relatively fast and "right first time". Danotek Motion Technologies, established in 2000 is located in Ann Arbor, Michigan to support automotive and distributed power generation market with ties to accredited laboratories for environmental, performance and reliability testing. Danotek's key engineers have over 100 patents collectively and average over 20 years experience with strong track records developing products for companies like General Electric Co., General Motors and Cummins Power Generation. Danotek's products include Integrated Brushless Motors & Sensor-less Control, High Power Density Electric & Hybrid Electric Drive, Variable Speed Seal-less pumps for Fuel-Cell and HVAC system and up to 500 kW PM Generators for Wind Power and Standalone systems. Web site at http://www.danotekmotion.com/. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 This release may contain forward-looking statements involving risks and uncertainties that may cause actual future events or results to differ materially and adversely from those described in the forward-looking statements. Important factors that may cause such a difference for AET include, but are not limited to, whether our engine products are made viable, whether a market for our products develops, our ability to retain key management, our ability to hire and retain the technical personnel necessary to build our products, the availability of funding for future operating requirements, our ability to effectively predict or react to rapid technology changes that could render our products obsolete, product development delays, dependence on suppliers, our potential exposure to product liability and other tort claims if our products fail, our ability to protect our intellectual property, intellectual property disputes, and other factors discussed in AET filings from time to time with the Securities and Exchange Commission. AET cautions that the foregoing list of important factors is not exclusive. AET disclaims any obligation to revise or update any forward-looking statement that may be made from time to time by or on its behalf. DATASOURCE: Advanced Engine Technologies Inc. CONTACT: Jake Jundef, , or Soon Nguyen, , both of JMPR, Inc., +1-818-992-4353, for Advanced Engine Technologies Inc. Web site: http://www.danotekmotion.com/ Web site: http://www.ox2engine.com/

Copyright