Turbine Truck Engines' Official in Meetings with Chinese Engineering Experts on Breakthrough Technology
Deland, Florida | August 18, 2010
Turbine Truck Engines, Inc. (TTE) (OTCBB: TTEG) Based on the Joint Venture Agreement between TTE and Beijing Royal Aerospace Facilities Co., Ltd. (Royal), TTE's Chief Technology Officer, Dr. Magdy Attia, is currently meeting in Beijing with Chinese mechanical and material engineering experts regarding the design and construction of the next generation prototype of the Detonation Cycle Gas Turbine (DCGT) engine.
The primary goals for the meetings are to determine the materials to be used for the DCGT, the evaluation of tooling capabilities, and the compliance issues for Chinese standards of the engine. The new prototype will use natural gas as fuel source and will be manufactured in China.
The companies will equally divide the cost of development of the new prototype. Royal has applied for Chinese government funding and will also seek private support through the newly created high-tech division formed specifically for this project. TTE and Royal have also agreed on an aggressive work schedule. Based on a mutually agreed time line, the evaluation and design of the engineering prototype is scheduled to be completed by the end of 2010, and the construction and testing of the newly engineered engine will be completed on or before June 30, 2011. Royal will then present the new model to the engine specialists in Beijing for final evaluation.
Michael Rouse, TTE President and CEO, stated, "We are very excited about this collaboration, and I am highly optimistic about the results our mutual efforts will produce."
About Beijing Royal Aerospace Facilities Co., Ltd.
Beijing Royal Aerospace Facilities Co., Ltd. (Royal) was founded in September 2003, and was granted as a "high-tech enterprise" by Beijing Science and Technology Committee. Royal's business scope includes offering consultation and assistance to foreign companies in sales, investment, and setting up projects in China. To learn more about BRAF Co., Ltd., visit their website at http://www.aero-royal.com.cn/.
About Turbine Truck Engines, Inc.
Turbine Truck Engines, Inc. is a technology company focused on the development, manufacture, and testing of its new energy efficient and environmentally friendly engine which will be distributed in the United States and abroad. Intended for use in the transportation and power generation sectors, the engine can utilize any fuel that can be gasified (gasoline, diesel, propane, natural gas, hydrogen, methanol, ethanol or LPG) or fuel mixture, yet needs little or no 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 near-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.
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