SGS Test Results Confirm 30% to 60% Savings Using Hydrogen Generator
Paisley, Florida | May 22, 2012
Turbine Truck Engines, Inc. (“TTE”) (OTCBB: TTEG) and Energy Technology Services, Inc ("ETS") are very pleased to announce the completion and positive results of independent testing and certification as to the efficiency of their 200 m3/hour methanol to hydrogen (H2) gas reforming generator by SGS Taiwan Ltd. (www.sgs.com). SGS is the world’s leading inspection, verification, testing and certification company. SGS is recognized as the global benchmark for quality and integrity. With more than 70,000 employees, SGS operates a network of more than 1,350 offices and laboratories around the world, including its SGS Taiwan office.
The scope of testing and certification for the Hydrogen Generator focused on electricity consumption, methanol consumption and the concentration and flow rate of hydrogen gas generated from the reforming process. The independent tests were conducted at the ETS facility in Taipei, Taiwan on April 17, 2012. Results confirmed, as previously stated, that companies implementing the technology can realize a 30% to 60% reduction in their energy cost, with zero harmful emissions.
Michael Rouse, CEO of TTE, stated, “Third party verification as to the commercial viability of a product is crucial when introducing that product to the market; it also brings credibility to the company making it easier to obtain funding for the project. Currently, we are in negotiations with two funding sources. I am very excited about the recent developments and where our company is headed.”
The results of the testing and certification can be viewed here on the company’s web site.
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About Turbine Truck Engines, Inc.
Turbine Truck Engines, Inc. is a technology company focused on the development, manufacture, and distribution of its new energy efficient and environmentally friendly technologies. Turbine Truck Engines, Inc. is the exclusive agent for Energy Technology Services’ Hydrogen Generator technology for all of North America. The Hydrogen Generator produces hydrogen from methanol using a gas reformation process employing a chemical catalyst. The hydrogen generator can be used in residential and commercial applications as well as industrial boilers and steam generators. The efficiency of the hydrogen generator could save the end user 30-60% on their energy costs as compared to using electricity, heavy oils, or natural gas in the same process. The hydrogen generator also eliminates the need for high pressure storage tanks as it generates the hydrogen on demand. The hydrogen generator eliminates all emissions except for food grade carbon dioxide which could be captured and sold to the food and beverage industry. Turbine Truck Engines also holds the exclusive license to manufacture, market, and distribute the Detonation Cycle Gas Turbine engine worldwide. For more information concerning Turbine Truck Engines, Inc., please visit www.ttengines.com.
About Energy Technology Services Co., Ltd.
The company is devoted in the development of a new energy source and energy saving alternatives. Our motto is: “To protect the earth and provide total solutions to companies that need to reduce carbon emission.” We emphasize Hydrogen as the fuel source to replace heavy oil, and gas in boilers. The HEPS technology, initially intended for industrial usage, will eventually broaden to small businesses and homes. We look forward to implementing this technology as a possible replacement option for nuclear and pyro power plants. For more information concerning Energy Technology Services Co., Ltd., visit www.energyservice.com.tw.
SGS is the world's leading inspection, verification, testing and certification company. Established in 1878, SGS's range of services cover all industry sectors and touch the products and services that consumers around the world rely on countless times in their everyday lives. From the energy that powers cars we drive, to the homes we live in, from the food on our plates, to the clothes on our back, from the quality of the air we breathe to the safety of the pharmaceuticals we take, SGS provides independent services that make a positive difference in people's lives. At the end of the day, our value lies in what our services make possible for our customers and ultimately, for their consumers.
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.