jmc

July 20, 2005

Mr. Erling Skaar
Gen Tech
250 NW 39th S1, Suite 5
Seattle, W A 98107

Re: FN NORTH AMERICAN - Fuel Savings

Dear Erling,
Thank you for the opportunity to see the Gen Tech system in operation onboard the F/V North American last Wednesday the 13th. We could clearly see the benefit of such installation and in particular when operating in a "cruising condition" when the electric load is "low". During the sea trial on Lake Washington we witnessed a substantial reduction of the fuel consumption when the system was engaged. With two 25 HP fish hold circulation pumps running in addition to other smaller electrical loads, the achieved fuel saving was 5 to 6 GPH compared with the Main Engine / Diesel Generator operating mode.

With the Gen Tech system engaged, the fuel consumption of the main engine increased only a small fraction (in the range of 0.1 to 0.3 GPH). The fuel consumption was measured by highly accurate turbine type differential flow meters supplied by Flo Scan Instrument Co., Inc. Separate meters were installed for the main engine and the diesel generator.

In lieu of continually increasing fuel prices and stricter emission requirements, this system has a great potential, and the cost savings for the vessel operators will be substantial.

We will congratulate you on this product.

Sincerely,
JENSEN MARITIME CONSULTANTS, INC.
Y. John Hveding , P .E.

Sergio FiFi, M. Eng.

JENSEN MARITIME CONSULTANTS

404 Fisheries Bu11ding . 4241 21st Ave. West. Seattle. WA 98199 U.S.A.

Phone (206) 284-1274 . Fax (206) 284-2556 . E-mail: mail@jensenmaritime.com