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Alias Born 10/25/2000

Re: malaka post# 465

Wednesday, 10/25/2000 2:19:16 AM

Wednesday, October 25, 2000 2:19:16 AM

Post# of 561
Spot on mate


ACE - ASX Company Announcement
25 October 2000
Part 1/1
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ADVANCED ENGINE COMPONENTS LIMITED
----------------------------------

HOMEX - Perth
-------------------------
Federal&WA Gov. Recognise Gas Engine Technology

Australian high-tech engine systems company, Advanced Engine
Components Limited (ASX code: ACE), showcased its world leading
Transcom Natural Gas Vehicle System (NGVS) to a national audience in
Perth today.

AEC's Chairman, Mr Peter Malone, said today's formal launch of AEC's
latest technology for natural gas buses by Federal Environment
Minister, Senator Robert Hill and WA Environment Minister, Cheryl
Edwardes this this morning, is part of the Federal Government's $75
million Alternative Fuels Conversion Program.

"The new buses will deliver greenhouse reductions of 587.5 tonnes per
annum because our Transcom NGVS reduces particulate emissions of
around 50 per cent less than diesel powered buses, which is a boon
for Perth's environment," Mr Malone said.

"We now head the world in the development of low emission, fuel
efficient EFI natural gas systems that allow both turbocharged and
naturally aspirated engines to run on compressed natural gas," Mr
Malone said.

"Today's launch helps consolidate both AEC's and Australia's position
as world class innovators in the race to achieve an environmentally
sustainable international automotive industry."

"Our investment in developing computer controlled fuel injection and
engine management systems has already paid off because they have been
proven in Europe and Australia through companies such as Renault of
France, IVECO of Italy and other engine makers including MAN of
Germany."

Advanced Engine Components and their project partners, WA's
Department of Transport, have been working in tandem to refine the
technology for Perth's new Mercedes Benz buses.

The successful completion of the project places the company in a
prime position to become the NGVS supplier to WA's 848 bus fleet as
well as bus fleets across the nation and internationally.

For further information contact:

Peter Malone (08) 9244 1166
0418 948 881

ends




& FRIDAY WILL BE NWL DAY.

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