Coates International Ltd. announced that Mr. Jack Perkowski join board of directors and serve as the new Chairperson of Audit Committee. He spent eighteen years on Wall Street, rising to head of investment banking at PaineWebber. Jack demonstrated his visionary leadership by devoting three years investigating opportunities in Asia and China, well before others would learn to appreciate the significant role that China would come to play in the global economy.

This led to the founding of ASIMCO Technologies. Jack serves on the Board of Directors of Credit First Financial Leasing Co. Inc. Previously, Jack served on the Board of Directors and as the head of the Special Committee of Fushi Copperweld Inc.