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Skip Navigation Links2002 Releases > December 30, 2002

Mirenco Announces Patent Application 

Mirenco Invents Product to Remotely Identify Vehicles With Combustion Problems and Submits for Patent

Radcliffe, IA - Mirenco, Inc., (OTCBB: MREO) announces the development of a new invention for its product and customer service line. This invention is the subject of a United States patent application by Mirenco.

Mirenco, Inc. has developed an invention designed to remotely identify, in real time, vehicles with combustion problems. The invention records several engine performance and combustion parameters and communicates that information to a remote site for analysis. The new invention would complement Mirenco’s existing technology and products, and help identify customers that would benefit from Mirenco’s DriverMax system for cutting emissions and improving fuel efficiency.

Dwayne Fosseen, chief executive officer and chairman of Mirenco, said this development is the next logical step for Mirenco as it seeks to improve its product line for reducing emissions and improving fuel efficiency. “This invention would allow us to serve our future customers much more efficiently, by transmitting real-time emissions and engine combustion data from vehicles anywhere in the world back to Mirenco computers.” Fosseen said.

As the vehicle moves down the road, the real-time data can be analyzed for abnormalities by comparing data to vehicles of similar make and model. “This invention would be especially advantageous for use in fleets owning many vehicles and operating on tight budgets,” Fosseen added. The invention would identify vehicle inefficiencies, changes in vehicle performance, or better performing vehicles and drivers.

About Mirenco

Mirenco is a Radcliffe, Iowa-based Company that specializes in patented vehicle management technology and consultative services for reducing vehicle emissions, improving fuel economy and lengthening the service life of heavy-duty diesel vehicles.  More information is available at www.mirenco.com, or via e-mail at info@mirenco.com or by calling 800.423.9903.

Some of the statements made in this press release are forward-looking in nature.  Actual results may differ materially from those projected in forward-looking statements.  Additional information concerning Mirenco, Inc. can be found within Mirenco's filings with the Securities and Exchange Commission.  Statements in this release should be evaluated in light of this additional information.

Contact Information:
Dwayne Fosseen
fosseen@mirenco.com
800-423-9903 


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