I'm in as well bought today on the PR below; I wouldn't at all be suprised if it breaks a dollar...
Wednesday, December 20 2006 10:00 AM, EST
--------------------------------------------------------------------------------
Fabrication of 540hp Prototype Nears Completion
Business Wire "US Press Releases "
DELAND, Fla.--(BUSINESS WIRE)--
Mr. Michael Rouse, CEO and Mr. James Teters, President of Turbine Truck Engines, Inc. ('TTE') (OTCBB:TTEG), a company that manufactures and markets technologically advanced engines, were invited last week by Mr. Robert Scragg, President of Alpha Engines Corp. ('Alpha'), to visit the facilities of Cost Cast, Inc., located in Haines City, Florida, to view progress in the creation of the TTE 540hp Detonation Cycle Gas Turbine ('DCGT') Engine Prototype
Cost Cast, Inc. (www.CostCast.com) is a high quality casting company that manufactures aluminum sand castings for the aerospace, railroad, OEM, marine, laser-optic guidance system, construction, traffic control, and many other vital industries.
"We are extremely pleased with the progress to date," reported Mr. Rouse. "All component parts have been cast, including the Detonation Cylinders, Housings, and Turbines."
Alpha is under contract with TTE to design, construct and test the 540hp Prototype Engine. "Cost Cast possesses the ability and expertise to produce high quality Aluminum castings, resulting in an engine that is lighter and easier to manage," commented Mr. Scragg, following the meeting. "The completion of casting the DCGT component parts has enabled Alpha to begin assembling the engine in early January."
About Turbine Truck Engines Inc.
Turbine Truck Engines, Inc. is a technology company focused on the development, manufacture and testing of its New Energy and Environmental Efficient Truck Engine intended for mass market in the United States and abroad. This new engine design can utilize any known fuel source (gasoline, diesel, propane, natural gas, hydrogen, methanol, ethanol or LPG) or fuel mixture, yet needs zero coolant, lube oil, filters, or pumps. The unique, lightweight turbine design has few moving parts, significantly reducing maintenance costs. The innovative cyclic detonation process produces a complete combustion of fuel-oxidation mixtures, resulting in greater fuel economy and fewer harmful exhaust emissions. For more information concerning Turbine Truck, Engines Inc., kindly visit our website at www.TurbineTruckEngines.com.
About Alpha Engines Corporation
Alpha Engines Corporation is a technology company specializing in the theory, design, testing and registration of its "New Age" products. In 1997, Alpha Engines filed a patent on the Detonation Cycle Gas Turbine Engine resulting in the patent being granted in 1999. In 2000, Alpha granted Turbine Truck Engine, Inc. exclusive license rights to manufacture and market the DTGT 540 horsepower engine as a new, energy efficient and cost effective alternative heavy-duty truck engine.
Safe Harbor: 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.
Source: Turbine Truck Engines, Inc.
AI
