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Turbine Truck Engines, Inc. Announces Formation of Strategic Alliance With Premier Chinese Manufacturer

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DELAND, FL--(Marketwire - August 14, 2009) - Turbine Truck Engines, Inc. (TTE) (OTCBB: TTEG)
-- Michael Rouse, President and CEO of Turbine Truck Engines, Inc.,
announced today that TTE has entered into a strategic alliance with Tianjin
Out Sky Technology Co. Ltd. (Tianjin), a leading Chinese bicycle parts
manufacturer. The agreement went into effect on August 10, 2009.

Details of the agreement specify that TTE and Tianjin will collaborate on
the engineering and technical development of the Detonation Cycle Gas
Turbine Engine (DCGT) for motorcycle engine applications. The agreement
also stipulates the establishment of a joint venture to manufacture, market
and sell the DCGT in China once the engine has been shown to have
commercial potential. Other details include Tianjin's agreement to commit
up to ten million U.S. dollars in development funding over the next
eighteen months with a further commitment to purchase up to five percent of
TTE's common stock via the public markets.

"We have been in discussions with Tianjin since June, and they were quick
to recognize the potential value of our engine in China. This agreement
demonstrates the level of Tianjin's commitment to the project," commented
Mr. Rouse. "Based upon the massive size of the market for motorcycles in
China, this alliance forms the basis of a business initiative that we
believe will be rewarding for both companies," he added.

Because of their cost, size, and low emissions, motorcycles are hugely
popular in China. According to a report published in 2008 by The Freedonia
Group, a leading international business research company, motorcycle sales
in China are expected to grow at 13.9 percent to 44.4 million units in
2011. Tianjin believes that the DCGT will enable it to capitalize on this
fast growing segment of China's personal transportation industry.

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 Unites 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 no coolant, lube, oil, filters, or pumps. The unique,
lightweight turbine design has few moving parts, significantly reducing
maintenance costs. The innovative cyclical detonation process produces a
complete combustion of fuel-oxidation mixtures, resulting in greater fuel
economy and few harmful exhaust emissions. For more information concerning
Turbine Truck Engines, Inc., visit our website at www.ttengines.com.

About Tianjin Out Sky Technology Co. Ltd.

Founded in August 2008 by Chinfu Wu, a leading Chinese industrialist and
founder of Dotek Electromechanical Industry Co. Ltd., the company is
located in Tianjin, the bicycle base of China. The company was established
to produce key parts necessary to bicycle production, and operates using
the trademark PROTEK.

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.

 

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