Nomura Shares Drop After Profit Miss Despite Strong Revenue Growth 
Spirit Airlines Gains Key Creditor Support for $500M Bailout Deal 
Google Secures Pentagon AI Deal for Classified Projects 
T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth 
Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results 
Chinese Chip Stocks Surge on AI Boom and Domestic Tech Push 
U.S. Demand for Alternative Satellite Providers Remains Strong Amid SpaceX Regulatory Push 
DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals 
Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal 
Toyota Global Vehicle Sales Decline in March Amid RAV4 Transition and Middle East Slowdown 
Taiwan Court Fines Tokyo Electron Unit $4.78M in Major TSMC Trade Secrets Case 
Air Liquide Q1 Revenue Misses Estimates Amid Currency and Energy Headwinds 
Pershing Square Raises $5 Billion in Landmark U.S. IPO and Share Placement 
Micro Systemation Reports Q1 Loss Amid Strategic Investments and Revenue Growth 
Kia Cuts EV Prices in Europe as Chinese Carmakers Intensify Competition 
SMC Corp Stock Surges as Palliser Capital Pushes for Major Share Buyback 
WALL TOWNSHIP, N.J., May 04, 2017 -- Coates International, Ltd. (OTC PINK:COTE) (the “Company”) on May 2, 2017, a meeting was held at the Coates International, Ltd. headquarters in New Jersey with two officials from the Pentagon ACSIM-ODF US Army to discuss the use of Coates CSRV industrial electric power generators operating on natural gas for deployment at US Army bases.
Company President and CEO, Mr. George J. Coates, comments: “This was a very important meeting for the Company. A number of Coates CSRV industrial natural gas electric power generator types were demonstrated, including a propane unit and various gasoline engines. At the conclusion of the meeting, the parties agreed that it was productive and positive. The representatives were presented with manuals, official test data and informative DVDs. A transaction of this magnitude represents a significant opportunity for our Company. The requisite technology and know-how is already in place. All products for this application will be manufactured in the USA.
Company management is enthusiastic about the extent of this potential project to deploy our CSRV natural gas Gen Sets at US Army bases. Our Gen Sets lower harmful emissions into the atmosphere, reduce costs and utilize fuel that is readily available in vast quantities through the United States, including “flare-off gas” which is normally wasted because it is not suitable for powering conventional internal combustion engines.”
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.
Contact Information: Coates International, Ltd. Phone: 732-449-7717 Fax: 732-449-0764 www.coatesengine.com www.mostadvancedengine.com
