Turbine Truck Engines Receives the 2007 North American Frost & Sullivan Award for Technology Innovation
Frost & Sullivan via Marketwire
Palo Alto, California | October 24, 2007 | Download as PDF
Click here to download Frost & Sullivan's Award Description, Research Methodology, and Measurement Criteria for the 2007 Technology Innovation Award. (33.4 KB PDF)
Based on its recent analysis of heavy-duty truck engines and technologies, the 2007 Frost & Sullivan North American Technology Innovation Award in the field of automotive turbines goes to Turbine Truck Engines, Inc. (OTCBB: TTEG).
This award recognizes Turbine Truck Engines for its innovation and development of a turbine engine for use in heavy-duty trucks. The turbine engine is meant as a replacement for the conventional heavy-duty piston engine in trucks and may prove to be a better alternative.
"Turbine Truck Engines has been developing engines that can beat current engines in terms of efficiency and maintenance. The engines are designed for heavy-duty usage with fewer moving parts and hence will be more reliable than a piston engine," stated Sivam Sabesan Research Analyst for Frost & Sullivan.
The company calls its engine the "Detonation Cycle Gas Turbine engine" and it features a number of interesting and innovative characteristics. Theoretically, this engine should burn less fuel than current piston engines and because it has no pistons or valves, it requires no lubrication oil and has fewer maintenance requirements. It is also air-cooled and quite light for its power. Being a turbine it can also operate on a number of fuels and because of this multifuel capability can be used on whichever fuel is the most economical in the region. It is also cleaner and should easily clear emission regulations.
Sivam Sabesan added, "The Company has employed a judicious mixture of good engineering with manufacturability, an issue that has been the bane of most unconventional designs in the last century. While the parts are different from those in the other engines, they are not new per se. As such, manufacturability should not be an issue. The company is also strong on the intellectual property front with a US patent on "Detonation Cycle Gas Turbine Engine System Having Intermittent Fuel and Air Delivery" granted in December 1999."
"Being honored with such a prestigious award from a world-renowned leader such as Frost & Sullivan is validation that the Turbine Truck Engine is indeed poised to revolutionize the heavy-duty trucking industry and make a difference in energy efficiency, cost-savings as well as reduce green house gas emissions," stated Jim Teters, President of Turbine Truck Engines, accepting the award for the company.
Frost & Sullivan felt that the Turbine Truck Engine platform presents an interesting alternative to heavy-duty piston engines for the trucking market. With a number of generations of engines under its belt, the company has developed expertise with these engines. Recognizing the company's platform design and its potential to impact the heavy-duty engine sector, Frost & Sullivan was pleased to award Turbine Truck Engines, Inc. the 2007 Technology Innovation Award in the field of automotive turbine technologies.
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 Environmentally Efficient Truck Engine intended for mass market distribution in the United States and abroad. The new engine 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. Its unique, lightweight turbine design has few moving parts, significantly reducing maintenance costs. The innovative cyclic detonation process produces a complete combustion of fuel-oxidizer mixtures, resulting in greater fuel economy and fewer harmful exhaust emissions. For more information concerning Turbine Truck Engines, Inc., visit www.ttengines.com.
About Frost & Sullivan
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