SOURCE: Coates International, Ltd.

March 02, 2016 10:45 ET

Industrial Diesel Engines Arrive in the USA From a Major Chinese Engine Manufacturer Today to Be Retrofitted With the Coates CSRV Green Power Technology -- Coates International, Ltd. Management Believes This Transaction Is Very Important and Could Be a Big Deal for the Company

WALL TOWNSHIP, NJ--(Marketwired - Mar 2, 2016) -  Coates International, Ltd. (OTC PINK: COTE) (the "Company") is pleased to announce that the two industrial diesel engines have arrived in the USA from a major Chinese manufacturer today. These engines are to be retrofitted with the Coates CSRV green power technology. Management believes that this transaction with a major Chinese engine manufacturer is a very important step forward for the Company. Diesel engine manufacturers around the world are facing big problems to have their diesel engines meet the new emission standards. Heavy trucks, buses, cars, marine engines, off-road machinery and many more diesel applications cannot meet the new emission standards with the more than 100 year old poppet valve systems.

Here at Coates International, Ltd. we have been working hard at this very problem for many years and have come up with the most advanced CSRV green power (patented) technology in the world. Management believes this is a great opportunity for the Company to take the next step in its business plans that will create a major new market for the Company's products. There is no other alternative to this worldwide problem; we have the remedy to fix it.

There can be no assurance that the Company will be successful in any of its 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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