Coates International appointed Nick Kontonicolas as Chief Operating Officer of the Coates organization worldwide operations including Coates Power in China and Coates Hydrogen Power in the USA. Kontonicolas is a businessman and a personal friend George J. Coates, President and CEO, for approximately 30 years. Management believes Kontonicolas will be a valuable addition to the management team who will make meaningful contributions to the Company's progress. James Pang, the Company's exclusive liaison in China, met with Kontonicolas some months ago in Shanghai, China. Howard Barmil, DBA, MBA, exclusive Company liaison to the Middle East and North Africa (MENA) region and International and Marketing Director for the Coates organization and James Pang will both work under the direction of Kontonicolas.
Coates International, Ltd. is engaged in developing the Coates Spherical Rotary Valve (CSRV) system technology, which is adaptable for use in piston-driven internal combustion engines of various types. The Company's CSRV Engines produce only ultra-low levels of harmful emissions while in operation. Engines operating on the CSRV system technology can be powered by a selection of fuels. The CSRV system is designed to replace the intake and exhaust conventional poppet valves used in almost all piston-driven stationary, automotive, motorcycle and marine engines. Unlike conventional valves, which protrude into the engine combustion chamber, the Coates rotary valve system utilizes spherical valves that rotate in a cavity formed between an over two-piece cylinder head. The Coates rotary valve system uses approximately 1/10th the moving parts of conventional poppet valve assemblies. The Company has adapted its technology to industrial engines to power electric generators.
COATES INTERNATIONAL, LTD. 
