Danica Diesel Ltd. Announces its Global EngineWatch Engine Performance and Monitoring Program

West Vancouver – December 15, 2005 Danica Diesel Ltd. (www.danicadiesel.com), a Canadian corporation that converts marine diesel engines into ECOengines to maximize performance and minimize pollution in order to provide ECOnomic and ECOlogical benefits for vessel operators, has just announced the development of its new trademarked proprietary EngineWatch remote engine performance monitoring program. A West Vancouver-based company with a global reach, Danica Diesel plans to support vessel operators of large marine vessels around the world optimize engine performance.

Danica Diesel will be the first company to offer a global 24/7 engine performance monitoring program for large marine vessels that is remotely analyzed by diesel engine specialists. The EngineWatch concept was conceived by Danica Diesel’s founder Holger Jacobsen, a well-respected diesel engine specialist in the marine industry, in order to offer clients immediate round-the-clock access to engine experts. States Jacobsen, “More vessels are in service than ever before in marine history, however training for crew has not kept pace with the complexity of skills required to operate the massive engines, resulting in a decline of expertise on board. EngineWatch helps fill this skill gap by providing immediate remote assistance by marine diesel engine experts to engine room staff on board from anywhere in the world at sea. Essentially, we provide a diesel engine expert in a box solution.”

The company’s EngineWatch program is an innovative monitoring system that provides real-time around-the-clock data on a variety of a vessel's critical engine parameters so that engine performance can be monitored and diagnosed anywhere in the world at sea. Data generated are transferred to a remote central databank for evaluation by diesel engine experts that communicate with the vessel so that engine issues that negatively affect performance can be immediately corrected and the engine optimized. EngineWatch also enables problems to be diagnosed and rectified earlier, preventing the potentially exorbitant costs often associated with engine failures for parts and lost hire. By monitoring and fine-tuning the vessel's engine both the operator's bottom line as well as the environment benefit, as an optimized engine also reduces polluting emissions.

Danica Diesel is anticipates developing strategic alliances with a number of respected global technology manufacturers to provide the equipment, components and infrastructure for its EngineWatch program.

About Danica Diesel Ltd.

Danica Diesel Ltd. (www.danicadiesel.com) provides services and products that facilitate marine diesel engine performance excellence, thereby reducing operating and maintenance costs and benefit the environment. Danica aims to convert marine diesel engines into ECOengines, minimizing vessel pollution by maximizing engine performance, resulting in ECOnomic benefits for vessel operators. The company provides a variety of specialized technical consulting services to optimize engine performance including expert engine monitoring and diagnostics, and precision measuring equipment for ongoing engine performance.

Media Enquiries

Holger Jacobsen
Tel: 604-925-8340  Fax: 604-925-8350
Email: holger.jacobsen@danicadiesel.com
Website: www.danicadiesel.com

Forward-Looking Statements

This press release may contain forward-looking statements that involve risks and uncertainties. All forward-looking statements are made as of the date hereof and are based on the information available to the parties as of such date. These forward-looking statements reflect our current expectations and are subject to a number of risks and uncertainties including, but not limited to, changes in technology, legislation, regulations and general market conditions. Due to the many risks and uncertainties, Danica Diesel Ltd. cannot assure that forward-looking statements that may be contained in this press release will be realized.