Coates International, Ltd. Receives a Positive Response From Dubai, United Arab Emirates
WALL TOWNSHIP, N.J., Feb. 9, 2011 /PRNewswire/ -- Coates International, Ltd. (OTC Bulletin Board: COTE) (the "Company") is pleased to announce that on February 8th the company received a response from a world business group in Dubai, United Arab Emirates (UAE), which was a positive response, to use the Coates CSRV industrial electric power engine generators in the oil producing countries to create electric power from the utilization of flare off gas that would otherwise be wasted. The Chairman of this group visited the company on January 14, 2011.
Project Plans are being delivered, and on March 8th a team of Coates executives expect to travel to Dubai, UAE to work out the details and inspect the site where the power plant will be set up.
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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SOURCE Coates International, Ltd.
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