Coates International, Ltd. Correction To Our Press Release Last Friday, November 5, 2010

WALL TOWNSHIP, N.J., Nov. 10, 2010 /PRNewswire/ -- Coates International, Ltd. (OTC Bulletin Board: COTE) --

• The correct website to view the final testing of the Coates CSRV Electric Power Industrial Natural Gas Engine Generator is www.mostadvancedengine.com.
• Comments from Mr. George J. Coates, "The problems we are all facing in the USA today was not created in the USA itself because the United States is the greatest country in the world."
• These problems were not created by the American people, the American people are amongst the hardest working people in the world. A lot of them hold down two jobs. I have no doubt that the American people will rise to the occasion and bring this country back to prosperity and its rightful position in the world. It will not be done by the Government, in fact all of the problems that this country faces were created by the Government
• Shovel ready jobs that do not exist is not job creation, and will not help the economy even if these jobs were real.
• The things that made this country great and prosperous were the innovations by the people and creation of new products. New products create new money especially when they are exported.
• Coates International, Ltd. is a company that is doing just that.
• As we start to ramp up production of our new products, we will create three to four hundred new high quality jobs over two years and will continue to expand into other applications of our CSRV technology.
• To answer the questions asked by some of our stockholders:
  • The Coates Family first arrived in America in 1717 and started the first iron foundry in this country. The area is called Coatesville, Pennsylvania.
  • There are many of the Coates family companies that create jobs and wealth such as:
    • Coates Thread sold all over the world.
    • Coates Engineering in the UK, Ireland, and Canada.
    • Coates International in the USA, UK, Canada, Australia, and Ireland, and may start up new operations in China and India.
    • Coates Rancho in California
    • Coates Music in the UK, Ireland (Sir Eric Coates)

All these companies employ many people creating wealth and benefiting the economy in the areas where they are situated.

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.