STREICHER MOBILE FUELING, INC. (NASDAQ:FUEL) (the “Company”), a leading provider of petroleum product distribution services, transportation logistics and emergency response services to the trucking, construction, utility, energy, chemical, manufacturing and government service industries, today announced that it expects to report its fourth quarter and year ended June 30, 2006 results on Form 10-K within the next 14 days as permitted by Securities and Exchange Commission Rule 12b-25. The Company will host a conference call shortly after the 10-K is filed to discuss the reported results.

In its filing with the SEC to extend the reporting deadline, the Company explained that is in the process of (i) implementing an integrated accounting and operations internal control and management information system; (ii) expanding its corporate infrastructure in order to upgrade its internal accounting and reporting procedures and processes; (iii) integrating its newly acquired businesses; (iv) developing systems for providing cost effective shared services to its subsidiary companies and operating divisions; and (v) developing appropriate systems to support the upcoming implementation of the Section 404 of the Sarbanes-Oxley Act of 2002 when it becomes applicable to the Company. The ongoing effort in implementing these initiatives, and recruiting and training new personnel, has required a substantial time commitment from its management and accounting personnel which has, in turn, caused delays in finalizing the Company's financial results, related reporting and completion of its annual audit. Accordingly, the Company cannot file the subject report within the prescribed time period without incurring unreasonable effort or expense.

The Company also reported in its SEC extension filing that it expects to report a net loss of approximately $4.8 million for the year ended June 30, 2006, subject to the completion of its audit, compared to a net loss of $1.460 million for the year ended June 30, 2005. The increase in the net loss is attributable to a number of factors, including (i) higher interest expense, including cash and non-cash components; (ii) costs of the conversion to and implementation of its integrated accounting and operations internal control and management information systems, including additional management and other personnel; and (iii) expenses of integrating the acquisitions of Shank Services, Inc. and H & W Petroleum Company, Inc. A detailed explanation will be included in the Form 10-K for the year ended June 30, 2006.

About Streicher Mobile Fueling, Inc. (NASDAQ: FUEL)

The Company provides commercial mobile and bulk fueling; the packaging, distribution and sale of lubricants and chemicals; integrated out-sourced fuel management; transportation logistics and emergency response services. Our fleet of custom specialized tank wagons, tractor-trailer transports, box trucks and customized flatbed vehicles deliver diesel fuel and gasoline to customers' locations on a regularly scheduled or as needed basis, refueling vehicles and equipment, re-supplying fixed-site and temporary bulk storage tanks, and emergency power generation systems; and distribute a wide variety of specialized petroleum products, lubricants and chemicals to refineries, manufacturers and other industrial customers. In addition, our fleet of special duty tractor-trailer units provides heavy and ultra-heavy haul transportation services over short and long distances to customers requiring the movement of over-sized or over-weight equipment and manufactured products. The Company conducts operations from 28 locations serving metropolitan markets in Alabama, California, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, and Texas. More information on the Company is available at www.mobilefueling.com.

Forward Looking Statements

This press release includes "forward-looking statements" within the meaning of the safe harbor provision of the Private Securities Litigation Reform Act of 1995. For example, predictions or statements of belief or expectation concerning the future performance of the new operating location, the expansion plans of the Company and the potential for further growth of the Company are all “forward-looking statements” which should not be relied upon. Such forward-looking statements are based on the current beliefs of the Company and its management based on information known to them at this time. Because these statements depend on various assumptions as to future events, including but not limited to those assumptions noted in the “Management's Discussion and Analysis of Financial Condition and Results of Operation” section in the Company's Form 10-Q for the quarter ended December 31, 2005, they should not be relied on by shareholders or other persons in evaluating the Company. Although management believes that the assumptions reflected in such forward-looking statements are reasonable, actual results could differ materially from those projected. There are numerous risks and uncertainties which could cause actual results to differ from those anticipated by the Company, including but not limited to those cited in the “Risk Factors” section of the Company's Form 10-K for the year ended June 30, 2005.