Advanced Engine Technologies Inc. Board of Directors Pass Resolution to File a Form 15

Advanced Engine Technologies Inc. Board of Directors Pass
Resolution to File a Form 15 


LOS ANGELES, April 1  /PRNewswire-FirstCall/ -- Advanced Engine Technologies
Inc. (OTC:AENG) (BULLETIN BOARD: AENG)  announced that on February 17, 2005,
Advanced Engine Technologies, Inc. Board of Directors RESOLVED, that AET will
de-register the company's stock with the SEC through the filing of a Form 15
with the SEC so as to suspend its reporting obligations under the Securities
Exchange Act of 1934, subject to the fulfillment of conditions precedent.  In
doing so, the Board noted that the satisfaction of these conditions precedent
(which include issuance of a press release and subsequent Board action) may
take approximately ninety (90) days to complete before the filing of the Form
15 can be accomplished.

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.  Containing
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 high 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 [phone].  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/.

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:  Jim Guthrie, , or Soon Nguyen,

both of JMPR, Inc., [phone], for Advanced Engine Technologies Inc.



Web site:  http://www.ox2engine.com/ 

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