SOURCE: Coates International, Ltd.

November 14, 2013 12:16 ET

Coates International, Ltd. Business Executives From India to Visit the Company Headquarters in New Jersey Today, November 14, 2013

Stockholder's Update

WALL TOWNSHIP, NJ--(Marketwired - Nov 14, 2013) - Coates International, Ltd. ("the Company") (OTCQB: COTE) - Business executives from India are to visit the Company headquarters in New Jersey to invite the Company to establish manufacturing operations of its CSRV® engines and generator products in India. Natural gas, industrial engine generators, propane, generators, gasoline and hydrogen generators will be demonstrated, some under full load.

An incentive package is to be presented to the Company.

  • The CSRV® engine for delivery to China for testing and demonstration for the Chinese government is being worked on and should be in testing within two weeks.
  • The Coates hydrogen project is progressing. Phase two of the R&D is approximately 50% completed. The Company has signed agreements with a power company in Colorado.

Mr. Coates comments, "We have the most advanced engine technology in the world that operates on a multitude of alternative fuels including hydrogen, natural gas, flare gas, CNG, LNG, propane and all other engine fuels. We have orders worth millions of dollars. We just need to start producing our CSRV® products as soon as possible to fill these orders. It does not matter where production operations are situated as long as we can produce our CSRV® products in large quantities. Of course this operation will create numerous new quality jobs."

There can be no assurance that the Company will be successful in any of the above endeavors.

Safe Harbor Statement:

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. 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.

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