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Warm Asian Response to TTEG Technology
DELAND, Fla.-(Business Wire)-August 11, 2008 - Mr. Michael Rouse, CEO of Turbine Truck Engines, Inc. ("TTE") (OTCBB:TTEG), is pleased to announce that the introduction of the company's Detonation Cycle Gas Turbine Engine to Asian automotive manufacturers has been extremely well received. Visionary Equity Group has opened dialogue with several major automotive engine manufacturers including two of the major industry leaders with facilities supplying consumer demands throughout Asia and the Pacific Rim.
"While it is premature to speculate as to the outcome of ongoing talks between our company and the Asian automotive sector, the interest expressed is very encouraging. Visionary has professionally introduced our company and the positive aspects associated with the many commercial applications of our proprietary engine design," commented Mr. Rouse. "It is likely that I will soon be visiting the region for the next level of talks and, it is hoped, to secure a formal agreement," he added.
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 Visionary Equity Group
Visionary Equity Group has assembled a professional business network, established over an eight year history of representing a variety of International clients inside and outside of Asia, which specializes in the introduction of emerging companies to specific industry-related opportunities. For more information kindly visit www.visionaryequitygroup.com.
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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