Turbine Truck Engines’ CEO Returns to China
DELAND, Fla.-(Business Wire)-January 20, 2009 - Turbine Truck Engines, Inc. (“TTE”) (OTCBB:TTEG) is pleased to announce that Mr. Michael Rouse, CEO, has returned to China for further high-level discussions with Aerospace Machinery and Electric Equipment Co., Ltd. (“AMEC”), regarding the Strategic Alliance Agreement proposed in the Memorandum of Understanding between the two companies on October 10th, 2008.
“We’re very excited to begin working with Aerospace towards the goal of commercializing our unique new clean engine technology in Asia,” commented Mr. Rouse. “China’s population of 1.3 billion represents a vast market with a rapidly growing demand for both Green Transportation and Green Power technologies, and TTE is poised to make a big impact very soon,” he added.
Management sees this as another huge step forward for TTE and its shareholders. We look forward to keeping current and prospective shareholders updated as these events continue to unfold.
About Turbine Truck Engines, Inc.
Turbine Truck Engines, Inc. is a technology company focused on the development, manufacture and testing of its New Energy and Environmental Efficient Truck Engine intended for mass market in the United States and abroad. This new engine design can utilize any known fuel source (gasoline, diesel, propane, natural gas, hydrogen, methanol, ethanol or LPG) or fuel mixture, yet needs zero coolant, lube oil, filters or pumps. The unique, lightweight turbine design has few moving parts, significantly reducing maintenance costs. The innovative cyclic detonation process produces a complete combustion of fuel-oxidation mixtures, resulting in greater fuel economy and fewer harmful exhaust emissions. For more information concerning Turbine Truck, Engines, Inc., kindly visit our website at www.TTEngines.com.
About Aerospace Machinery and Electric Equipment Co., Ltd.
Established in 2002, AMEC has 3000 employees producing electromechanical equipment and related products. The company maintains corporate headquarters in Beijing, China.
Safe Harbor: This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the company’s business include, but are not limited to, fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions, and other risks detailed in the company’s SEC reports.
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