Turbine Truck Engines & OTC Markets Group Announce Successful Completion of OTCQB Venture Marketplace Rollout

 

Bellevue, WA -- August 18, 2015 -- InvestorsHub NewsWire -- Turbine Truck Engines, Inc. ("TTE") (OTCQB:TTEG) and OTC Markets Group Inc. (OTCQX:OTCM), operator of financial markets for 10,000 U.S. and global securities, are very pleased to announce that after a year-long process of implementing stringent new standards and qualifications for companies listed on the OTCQB Venture Market ("OTCQB") nearly 1,000 U.S. and international companies, including Turbine Truck Engines, have successfully been verified and approved for trading on the regulated OTCQB while over 2,000 companies have been recently removed from the OTCQB for failure to meet OTCQB's new certification, verification and transparency standards.

Enzo Cirillo, TTE Interim CEO and Board Chairman states, "TTE applauds OTC Markets Group for this recent compliance, transparency and verification initiative designed to assist investors to make better informed investment decisions. That TTE has met the OTCQB market standards should further provide investors increased confidence TTE is engaged in distinguishing our company to the public markets."

R. Cromwell Coulson, President and CEO of OTC Markets Group, states, "The introduction of our OTCQB standards and eligibility requirements has truly transformed OTCQB into a better regulated, more transparent, world-leading public venture market for developing companies that have made the important choice to improve the trading and information experience for investors. We have removed more than 2,000 companies from OTCQB for failing to meet our OTCQB standards either because they did not pass our minimum bid price test, were delinquent in their financial filings, bankrupt, unwilling to provide background information about company officers, directors and shares outstanding or for other compliance reasons."

About Turbine Truck Engines

Turbine Truck Engines, Inc. is a clean-air technology company dedicated to identifying, developing and commercializing important scientific innovations designed to enhance both environmental conservation and cost savings in how the world produces and consumes energy. For more information concerning Turbine Truck Engines, Inc., please visit www.ttengines.com.

Safe Harbor

This announcement may contain forward-looking statements made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements, among others, relating to our future capital requirements, including our expected liquidity position and timing of the receipt of certain milestone payments, and the sufficiency of our current assets to meet these requirements, our future results of operations, and our plans, objectives, expectations and intentions.

Statements in this press release that are not descriptions of historical facts are forward-looking statements that are based on managements current expectations and assumptions and are subject to risks and uncertainties. In some cases, you can identify forward-looking statements by terminology including anticipates, believes, can, continue, could, estimates, expects, intends, may, plans, potential, predicts, should, will, would or the negative of these terms or other comparable terminology.

The forward-looking statements regarding future events and circumstances discussed in this press release may not occur, and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. The forward-looking statements included in this presentation speak only as of the date hereof, and, except as required by law, we undertake no obligation to update publicly or privately any forward-looking statements for any reason after the date of this presentation to conform these statements to actual results or to changes in our expectations

Contact:

Chris David

Turbine Truck Engines

President-Director

[phone]

[e-mail]