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Thursday, June 22, 2006

USEI Penetrates the European Marketplace, Scheduled Deliverables Skyrocket.

Following its aggressive plan for international expansion US Energy announced today that it has granted exclusive distribution rights to TruckGas Ltd., a United Kingdom registered company for countries such as France, Belgium, Holland, Germany, Italy, Spain, and Poland. Under the agreement, TruckGas Ltd. is obligated to purchase a minimum of 2,500 over a three year period beginning in Q1 2007.

With a rapidly expanding domestic presence and a growing foothold in the Asian marketplace facilitated by a recent agreement with GM Thailand, USEI is now well-positioned to gain a foothold in the European marketplace. The development of this new agreement now brings US Energy’s total scheduled deliverables to more than 4,000 units over the next 36 months.

This 4,000 unit deliverable schedule over the upcoming 3 years is remarkable for a US Energy, a company that had no significant sales until recently. The company has proven itself to international automotive marketplace and is now positioning itself as a leader in the development of alternatively fueled engines in the global marketplace. USEI has planted its seed in the three major markets of the world and is now set to develop an optimal international distribution network designed to provide its patented systems to customers in every corner of the world.

Today’s Press Release: “READ

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