BELLEVUE, WA--(NewMediaWire - Oct 26, 2015) - Turbine Truck
Engines, Inc. (OTCQB: TTEG)
is very pleased to announce it has been added to the OTC Markets
Group OTCQB Venture Index Performance Benchmark as a result of OTC
Market Group's Third Quarter 2015 performance and quarterly index
rebalancing as announced by OTC Markets Group's on October 20,
2015, press release.
The OTCQB Venture Index is designed as a benchmark for tracking
the overall performance of the OTCQB marketplace and serves
primarily as a performance benchmark for investors in OTCQB
securities while also highlighting and further enhancing visibility
for those securities posted to the OTCQB Venture Index. Under the
3rd quarter 2015 OTCQB Venture Index rebalancing, 124 companies
were added to and 155 companies were removed from the OTCQB Venture
Index.
Over the last 24 months, the OTC Markets Group, operator of
financial markets for 10,000 U.S. and global securities, has
implemented stringent new standards and qualifications for
companies listed on its top two electronically quoted and traded
marketplaces, OTCQX and OTCQB. Specific to the OTCQB, nearly 1,000
U.S. and international companies, including Turbine Truck Engines,
have been successfully 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 OTC Market Group's
stringent certification, verification and transparency
standards.
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
management's 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.