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Gold/Mining/Energy : Turbo Genset -- Ignore unavailable to you. Want to Upgrade?


To: gian piero ciambella who wrote (46)8/26/2000 11:21:17 AM
From: gian piero ciambella  Respond to of 47
 
TURBO GENSET RECEIVES TSE LISTING APPROVAL
August 25, 2000: Turbo Genset Inc. today announced that it has been approved for listing by The Toronto Stock Exchange (TSE) under the stock symbol TGN. The Class A Common Shares will be listed and posted for trading on the TSE on the opening of trading on Monday August 28, 2000. Turbo currently has 42,828,203 Class A Common Shares issued and outstanding.

Colin Besant, Chairman and Chief Executive of Turbo Genset Inc. stated "we are pleased to be approved for trading on Canadas senior capital market. The TSE Listing, and the recent listing on the London Stock Exchange on July 11, 2000, both of which make the Company accessible to a new base of investors, represent a significant milestone for Turbo Genset Inc. as it reflects the Companys transition from an emerging company status to an established company supplying products to the energy and transportation markets."

Turbo Genset Inc., through its wholly owned subsidiary, The Turbo Genset Co. Ltd, based in London, UK, has developed and initiated commercialization of its technology in relation to high-speed permanent-magnet machine systems for power generation, transportation and industrial applications. With its low weight and small size, the machine systems' applications include mobile power generation, distributed power, standby power and hybrid turbochargers for medium to large diesel engines for trucks and locomotives. The technology also has a promising future for use in hybrid vehicle power trains in which it can provide for higher efficiency and lower emissions with the advantage of its small size and weight.

The shares of Turbo Genset Inc. are listed on the London Stock Exchange (www.londonstockexchange.com under the symbol TGN) and the Canadian Venture Exchange (www.cdnx.ca, under the symbol C:TUR.A). Additional information on Turbo Genset Inc. is available on the internet at www.turbogenset.com.

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The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.



For further information please contact:



Richard Kapuscinski

North American Business Development Manager

The Turbo Genset Co. Ltd.

Tel: 905 632 1322

Email: rak@turbogenset.com



Powerpoint Investment Communications Inc.

Allan McGirr

604-708-2462
amcgirr@turbogenset .com