From Yahoo #12184-- Referencing 4Q OEM--
Fifty, remember, it is not up to turbodyne to reveil the secret OEM, but it is the OEM itself who has to announce the new engines...
Everybody thought (myself too) that the announcement was due in Q4. But turbodyne never said a date. They just said the DELIVERY should take place in Q4. The new engines are for the new models for 1999, and should be anncounced until they reach market-place !
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Check for yourself in the article, it is loud and clear :
when the vehicles and engines reach the market-place !
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New models are always announced in shows...
The next big show is the one in Brussels on 16 jan. That is the first one I targetting at. (I've allready posted some info about it)
The only thing we'll have to do is : load the wagon full and wait comfortably....
Best Regards, and a happy turbo year.
Peter
the famous article, check for yourself :
FOR IMMEDIATE RELEASE
Woodland Hills, Ca. - May 26, 1998 -- Turbodyne Technologies Inc. (NASDAQ:TRBDF, EASDAQ:TRBD) announced today that a major European vehicle and engine manufacturer has selected Turbodyne's Turbopac models 1500 and 2200 for incorporation as standard equipment on three classes of engines being manufactured for the 1999 model year.
"This is the first breakthrough for Turbodyne with respect to a major original equipment manufacturer, and is the culmination of more than three years of joint development and product evaluation under the program management of Dr. William Woollenweber, Turbodyne's Executive Vice President," said Turbodyne's Chairman Edward Halimi.
The decision to select the Turbopac was finalized earlier this month between executives of the manufacturer and the Turbodyne team, headed by Dr. Woollenweber and including Mr. David Willett, Turbodyne's Vice President of Electronic Power Systems.
Final logistical arrangements, exchange of installation drawings, and timetables were discussed last week at the manufacturer's headquarters in Europe, during a visit by Edward Halimi, Turbodyne Europe's Dr. Peter Hofbauer, technical director, and Mr. Peter Kitzinski, financial director, and Mr. John Singleton, Turbodyne's Chief Operating Officer and CFO.
According to the terms of the confidential agreement between the companies, Turbodyne is prohibited from disclosing the name of the manufacturer until vehicles and engines equipped with Turbopacs reach the marketplace for the 1999 model year. Shipments of Turbopacs to the manufacturer are expected during the fourth quarter of 1998.
"Turbodyne has been conducting joint development and product evaluation programs with most of the major American and European vehicle and engine manufacturers for several years," said Dr. William Woollenweber. "Considering the dramatic performance and fuel economy improvements, emissions reductions and engine cold start capabilities of using Turbodyne technology, we expect selection of Turbodyne products by other manufacturers in the future."
by: peter_vmt
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