Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud.
We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
Governor Ted Kulongoski Joins Local and Federal Leaders on I-5 Emissions Issues to Announce Oregon's Lead in Supporting Clean Air Technology, Such as EENT's AXP 1000
Governor Ted Kulongoski Joins Local and Federal Leaders on I-5 Emissions Issues to Announce Oregon's Lead in Supporting Clean Ai
PLANO, TX -- (MARKET WIRE) -- 02/17/06 -- Energy & Engine Technology Corporation (OTC BB: EENT) announces that yesterday, Governor Kulongoski conducted a press
conference on supporting clean air technology in Oregon, at which Will
McAndrew, EENT's CEO, was a speaker. The Governor's Press Release is
reprinted below in its entirety, with permission.
Theodore R. Kulongoski
Governor
NEWS Release
FOR IMMEDIATE RELEASE
February 16, 2006
Media Contacts:
Lonn Hoklin (503.378.6169) or Anna Richter Taylor, (503.378.6496)
Governor advances program to reduce diesel pollution
'Clean Diesel' event uses anti-idling technology to save fuel
Aurora -- One of Governor Ted Kulongoski's highest priorities, clean air,
received a boost in Aurora Thursday, as the Energy and Engine Technology
Corporation introduced its "auxiliary power unit" (APU), which enables
diesel-powered semi-trucks to power their onboard systems without idling,
reaping huge savings for trucking operators and substantially reducing air
pollution.
"It's a great day for everyone who cares about the environment and the
creation of new jobs," Governor Kulongoski told a crowd of industry
representatives, government officials, and truckers at the Aurora ceremony.
"It's an equally great day for those who strive to make industry cleaner,
more efficient and more profitable. The future looks bright for making air
cleaner in Oregon. And the future looks bright for the companies and
industries that bring clean-air technology to our state."
In accordance with the Governor's policy of targeting investments to reduce
diesel pollution while promoting clean economic growth and the creation of
new family-wage jobs, the Oregon Department of Energy provided a "state
energy loan" of $860,000 to the Lane Regional Air Pollution Authority to
pay for installation of APUs in more than 100 trucks. The Authority also
took advantage of a tax credit of $360,000 to offset project costs. The
Oregon Department of Energy will provide an additional state energy loan of
$2.5 million to install another 250 APUs.
"We are thrilled that Governor Kulongoski has taken such a strong stance on
clean air and the reduction of emissions on the I-5 corridor," said Will
McAndrew, the CEO of the Energy and Engine Technology Corporation. "He is
exemplifying Oregon's reputation as a leader on green issues, and we are
happy to play a part by marketing a product that has the ability to
markedly reduce emissions from the thousands of long-haul trucks traveling
the corridor on a regular basis."
The APU provides a secondary source of electricity to the cabs of big
trucks. Without an APU, the only way to run systems in the cabin -- such
as climate control, lighting and sound systems -- is idling.
Unfortunately, idling diesels emit huge amounts of toxic pollutants and
impose high fuel costs on trucking operators.
Within the coming month, the Energy and Engine Technology Corporation will
open an installation center in Portland, the Governor explained. The
company will conclude three agreements with dealers this week, with each
dealer committing to buy between three and 500 units a year. The
installation and sales will generate 30 new jobs in the first year alone,
and that number will grow. "The potential market in Oregon is vast -- and
we're committed to serving that market," the Governor added. "We're
committed to making a clean air technology a major industrial sector in
Oregon."
The Governor and the state of Oregon have led the way to reducing diesel
pollution since 2004, when Oregon joined the West Coast Collaborative, an
ambitious partnership among leaders from federal, state, and local
government, the private sector, and environmental groups in California,
Oregon, Washington, Idaho, Arizona, Alaska, Hawaii, Canada and Mexico. The
goal of the collaborative is to reduce pollution from diesels on the West
Coast.
The Governor explained that initial investment will save an estimated
216,000 gallons of diesel fuel a year, and $500,000 a year at current fuel
prices. Ultimately, the follow-up investments will save nearly 600,000
gallons of diesel annually, and nearly $1.5 million at current prices.
The Governor said this day was an especially great for him personally.
"Among the things I care most passionately about are jobs, clean air and
reduction of greenhouse gases," the Governor said. "Today, we're
celebrating a major step in the cause to make Oregon's air cleaner. We're
reducing emissions of greenhouse gases. And we're bolstering clean new
industries like the Energy and Engine Technology Corporation, that create
clean, family-wage jobs. Just as important, these new industries help
strengthen other businesses by supplying technology they can use to save
serious money."
About EENT
EENT (http://www.eent.net), headquartered in Plano, Texas, develops and
markets power generation products for the long haul trucking industry and
heating and air conditioning systems for the long haul trucking and marine
industries.
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 EENT) contains statements
that are "forward looking," as defined in Section 21E of the Securities
Exchange Act, 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 from those
expressed in any forward-looking statements made by or on behalf of EENT.
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. These
and other factors, which could cause actual results to differ materially,
are discussed in more detail in EENT's filings with the Securities and
Exchange Commission. Projected revenues are based upon projected unit sales
at historical average per unit sales prices. Average per unit sales prices
may be affected by changes in the mix of purchasers between individual
owner operators and fleets/dealers. Preliminary numbers may change upon
verification by internal accounting procedures.