SOURCE: Turbine Truck Engines, Inc.
PAISLEY, FL--(Marketwire - Aug 2, 2012) - Turbine Truck Engines, Inc. (OTCBB: TTEG) retained Hydra Power Distributors, LLC ("HPD") to develop and grow TTEG's sales channel for its Hydrogen Energy Production Systems ("HEPS"). HPD will initially concentrate on the creation of joint ventures with internationally-based public, private, and government sponsored entities in order to build a stable and much larger distribution network throughout the world.
"Hydra Power Distributors, LLC brings clean energy applications and products to the marketplace, accelerating the development of manufacturers' sales channels and creating innovative joint ventures to alleviate delivery inventory issues and upfront costs," said HPD's CEO Ryan Cravens. "We look forward to addressing TTEG's international sales channel and delivery mechanisms by bringing joint venture partners that have manufacturing facilities and distribution channels of their own."
TTEG CEO Michael Rouse commented, "We believe HPD is a perfect match to help us achieve our sales goals for coming years."
About Turbine Truck Engines, Inc.
Turbine Truck Engines, Inc. ("TTEG," http://www.ttengines.com) is a technology company focused on the development, manufacture, and distribution of its new energy efficient and environmentally friendly technologies. TTEG is the exclusive agent for Energy Technology Services' Hydrogen Generator technology for all of North America. The Hydrogen Generator produces hydrogen from methanol using a gas reformation process employing a chemical catalyst. The hydrogen generator can be used in residential and commercial applications as well as industrial boilers and steam generators. The efficiency of the hydrogen generator could save the end user 30-60% on their energy costs as compared to using electricity, heavy oils, or natural gas in the same process. The hydrogen generator also eliminates the need for high pressure storage tanks as it generates the hydrogen on demand. The hydrogen generator eliminates all emissions except for food grade carbon dioxide which could be captured and sold to the food and beverage industry. TTEG also holds the exclusive license to manufacture, market, and distribute the Detonation Cycle Gas Turbine engine worldwide.
About Hydra Power Distributors, LLC
Hydra Power Distributors LLC ("HPD," http://hydrapowerdistributors.wordpress.com) is a distributor and consultant developing distribution channels for manufacturers of green power products. HPD uses its founders' background and clients in the "green power" space to build distribution channels through joint ventures, innovative delivery funding strategies, opening new distributor territories, and providing direct sales if needed.
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.