Coates International Ltd. Is Pleased To Give This Update To Our Stockholders

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WALL TOWNSHIP, N.J., Nov. 5, 2010 /PRNewswire/ -- Coates International, Ltd. (OTC Bulletin Board: COTE) – Coates International Ltd. (The "Company") is:

• A delegation of Chinese Executives are scheduled to arrive at Coates International Ltd. Headquarters in New Jersey. This group includes the President of the largest industrial generator manufacturer in China that supplies 70% of the electric power systems throughout China and Asia. Including business executives and engineers.
• An update video should be on Coates International Ltd. news website showing the final testing of the Coates CSRV Industrial Electric Power Natural Gas Generators to view. (WWW.COATESENGINE.COM)
• Many Stockholders have contacted our Headquarters asking when shipping of our products will take place.
• Coates International Ltd. expects to ship its CSRV industrial Electric Power natural Gas Generators to Almont Energy in Canada before the end of this year and will continue to ship these CSRV Power Units as they become completed. Momentum of production will accelerate as we receive larger amounts of components and parts from our suppliers. We will train new staff to assemble these products in larger numbers. This is a process which is complicated and will involve further planning, etc., as we progress.
• We have had no response from the Governor of the State of New Jersey, Chris Christie, and no response from the White House, we reached out to both. However, the Chinese see fit to travel half way around the world to visit the Coates company. This is the second visit by Chinese Gov. and business people. It is obvious why China is leading the world with its growth and economy, while the United States is going bankrupt.
• Our limited staff is extremely busy. We ask our Stockholders to please do not call the company for information as it only causes time loss. However, you may e-mail us.

About Coates International, Ltd.: Coates has been developing over a period of more than 15 years a patented spherical rotary valve CSRV Internal Combustion Engine invented by George J. Coates and his son Gregory. The CSRV system is adaptable to combustion engines of many types. This technology is currently adapted to a number of practical applications, including industrial generators powered by engines incorporating the CSRV technology and designed to operate on flare-off gas from oil wells, landfill gas and raw natural gas. The Company is actively engaged in building the initial production version of its CSRV power units for shipment.

This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially from forecasted results. These risks and uncertainties include market conditions, regulatory approvals, and other risks inherent in our operations. For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC may be viewed and printed on the website maintained by the SEC at http://www.sec.gov.

SOURCE Coates International, Ltd.