PAISLEY, Fla.-( Business Wire )-
Turbine Truck Engines, Inc. (TTE) (OTCBB: TTEG), is pleased to announce that as part of the ongoing evolution of completing the joint venture between TTE (a Nevada corporation) and Energy Technology Services Co., Ltd (“ETS”) (a Taiwan corporation), TTE’s CEO, Michael Rouse, has been appointed as a member of the Board of Directors for ETS.
As announced on January 12, 2012, TTE is entering into a joint venture with ETS, parent company of Hydrogen Union Energy Co., Ltd. Taiwan (“HUE”) to jointly develop and market Hydrogen Energy business worldwide for both commercial and industrial applications. HUE has developed a breakthrough technology for generating “on-demand” hydrogen employing a proprietary chemical catalyst and a unique low temperature pyrolytic reaction. HUE’s extraordinary Hydrogen Generator technology converts common methanol into clean-burning hydrogen gas for immediate on-site use.
Michael Rouse, TTE President and CEO, stated, “I am very excited to join the Board of Directors of Energy Technology Services. This dual commitment by all parties involved greatly benefits our companies’ rapidly developing relationship as we strive to offer perfect green-energy solutions in reshaping the way the world provides “clean fuel” to produce power. The strategic combination of our companies’ resources through our joint venture accelerates the development of business in Taiwan, China, USA and the rest of the world.”
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About Turbine Truck Engines, Inc.
Turbine Truck Engines, Inc. (TTE) is a technology company focused on the development, manufacture, and distribution of its new energy efficient and environmentally-friendly products. For more information concerning Turbine Truck Engines, Inc., visit www.ttengines.com.
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 http://www.energyservice.com.tw/
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.
Turbine Truck Engines, Inc., PaisleyMichael Patterson, CIO, 386-943-8358MPatterson@ttengines.comFax: 386-943-6232