Rotoblock To Jointly Develop Hybrid Drive Train With Apollo Energy Systems

SANTA ROSA, CA -- (MARKET WIRE) -- Jan 31, 2006 -- Rotoblock (OTC BB: ROTB) announced today that the company has signed a letter of intent to form A Joint Venture between Apollo Energy Systems, Inc., a leading Fuel cell and battery manufacturer, for the purpose of developing a hybrid electric drive-train with integrated OPE engine. Coupled with the lightweight Lead Foam Cobalt Battery and fuel cell from Apollo, the OPE engine would potentially give better performance than today's internal combustion engines. The Lead Cobalt Battery would give better performance than the Nickel Metal Hydride batteries now being almost universally used in Hybrid Vehicles and the Apollo fuel cell would increase the efficiency and environmental compatibility of electric energy generation. Under terms of the LOI, the Rotoblock's OPE would be first used in a technology demonstrator hybrid electric car.

Matthias Heinze, the president of Rotoblock Inc., stated: "We are excited about the opportunity to combine the technologies of both companies to create a new concept in hybrid electric propulsion." Rotoblock OPE technology can be applied to a vast number of industries such as aerospace, power generators, manufacturing, aeronautical applications, home & garden power equipment and expects to soon enter into other joint ventures and / or licensing agreement for its technologies.

About Rotoblock Corporation -- Rotoblock is focused on the continued development and improvement of the Oscillating Piston Engine to the state where its mechanical, ecological and economic viability leads to the profitable licensing of the manufacturer's rights to a proprietary patented design or a partnership for its manufacture. The company was incorporated in Nevada, is headquartered in Santa Rosa, California, and has its operating labs in Vancouver, Canada. The Company has full rights to the patents of the original Oscillating Piston Engine and believes the Rotoblock Oscillating Piston Engine has particular and useful applications in developing countries such as China and India and will be including these areas in the marketing and commercialization phase of this engine. Visit Rotoblock's corporate website for details about the company, technology, and regulatory filings. The address is: http://www.rotoblock.com.

Safe Harbor For Forward-Looking Statements -- Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Rotoblock Corporation has little or no control.

Contact:
Rotoblock Corporation
Tony R. Collins
(877) 511-0110



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  • Anotherone lost to overseas interests May 30, 2012
    Reviewed by 'John Thomas'
    Great that two companys have signed agreement to jointly build a new power system for an extended range car, to bad they have also set their eyes on China and India as places to build this new technology...No wonder these two countries are equal to or further ahead of the USA when it comes to start-up,, newly developed items that may make the world a cleaner, healthier place to live. But then again, it may be the fact these countries have a lower cost of production then here in the USA

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