SOURCE: Coates International, Ltd.

September 11, 2008 14:17 ET

Coates International, Ltd. Announces Engagement of Exclusive Liaison Agent in China

WALL TOWNSHIP, NJ--(Marketwire - September 11, 2008) - Coates International, Ltd. (the "Company" or "Coates") (OTCBB: COTE) is pleased to announce that the Company has engaged Mr. James Pang as its exclusive liaison agent to China.

Mr. Pang is a skilled marketer and has acted as a liaison with Chinese business enterprises on behalf of U.S. companies in various industries. He is a Chinese-born native, and has brought a number of business transactions to consummation between U.S. and Chinese companies. The Company has already undertaken to translate its pertinent marketing materials and technical literature into the Chinese language to facilitate Mr. Pang's efforts and simplify the marketing and negotiating activities. Mr. James Pang has just recently left for China to begin acting as our liaison.

The Company has agreed to compensate Mr. Pang for successful transactions. His fee for the initial consummated transaction will be 7% of the transaction amount.

We are very enthused about the likelihood that Mr. Pang's services will substantially overcome the many language and cultural challenges inherent in bringing these types of business opportunities to fruition.

We will provide additional updates as new developments arise.

About Coates International, Ltd.: Coates has completed development of its patented spherical rotary valve CSRV Industrial Internal Combustion Engine developed over a period of more than 6 years and other CSRV applications over 10 years. The underlying CSRV technology was invented by George J. Coates and his son Gregory. The CSRV system is adaptable to combustion engines of many types. This technology is currently adapted to a number of practical applications including industrial generators powered by engines incorporating the CSRV technology and designed to run on flare-off gas from oil wells, landfill gas and raw natural gas. The Company is actively engaged in planning for production and rollout of these engines. The Company has recently completed the technological development of a diesel truck engine, which incorporates our CSRV system suitable for the trucking industry. We are making considerable progress with other important aspects of now retrofitting the diesel truck engine, including integration with the transmission and braking systems. After that the engine will be fired up and tested with and without loads. The diesel truck engine is expected to achieve improved fuel efficiency and reduce harmful emissions.

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. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially from forecasted results. These risks and uncertainties include market conditions, regulatory approvals, and other risks inherent in our operations. For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC may be viewed and printed on the website maintained by the SEC at http://www.sec.gov.

Contact Information