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Press Releases

» January, 2000

Change in the Board of Directors

AET is proud to announce that Mr. Noel Holmes and Miss Alexandria Phillips have been duly appointed to the Board of Directors of Advanced Engine Technologies, Inc.

Mr. Noel Holmes is a native of Australia and spends a good deal of time in Southern California while maintaining a diverse international business and accounting practice.

Miss Alexandria Phillips brings to AET her years of wide ranging experience and expertise as a tax advisor and financial consultant to Robert E. Petersen and all the Petersen entities. Miss Phillips resides in Southern California.

AET is also pleased to announce that Mr. Joseph Norbeck – the highly respected director of CE-CERT and Yeager Families, Professor of Environmental Engineering at the University of California at Riverside – will be offering his advise to the board on this and other projects.

Mr. Murray Bailey has resigned as the CEO/President in favor of an independent contractor relationship, and currently is an advisor to the Board.

The full Board of Directors is presiding over the activities and directing implementation of the policies of Advanced Engine Technologies, Inc. The current Board of directors is comprised of: Mr. Carroll Shelby, Mr. Noel Holmes, Mr. George Hunt and Ms. Alexandria Phillips.

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