Coates International, Ltd. Confirms that the Chairman of a Business Group from Dubai, U.A.E. Visited Coates Headquarters
WALL TOWNSHIP, N.J., Feb. 1, 2011 /PRNewswire/ -- Coates International, Ltd. (OTC Bulletin Board: COTE) – Coates International Ltd. (the "Company") is pleased to announce that on January 14th; the chairman of a business world group company visited the Coates Headquarters. After satisfactory demonstrations of numerous CSRV gasoline and propane engines, and CNG electric power industrial generators, serious negotiations began, and at the end of the day preliminary agreements were reached. Details are being worked out presently for Coates International, Ltd. to supply the region with its CSRV electric power industrial natural gas generators. These generators will run on the waste flare off gas from oil wells.
This flare off gas is normally flared off into the atmosphere causing a tremendous amount of pollution. Now it will be captured and used in the Coates CSRV engine generators which will clean up the pollution and create electric power and pumping compression from the waste gas. This is what the Coates organization is all about. (Green technology that will benefit all)
About Coates International, Ltd.: Coates has been developing over a period of more than 15 years a patented spherical rotary valve CSRV Internal Combustion Engine invented by George J. Coates and his son Gregory.
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. SEC at http://www.sec.gov.
Contact Information: |
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Coates International Ltd. |
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Phone: 732-449-7717 |
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Fax: 732-449-0764 |
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E-Mail: [email protected] |
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www.coatesengine.com |
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www.mostadvancedengine.com |
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SOURCE Coates International, Ltd.
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