Turbine Truck Engines' CEO Returns to China
DeLand, Florida | 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 AMEC 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 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.
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.