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Technology Stocks : Turbodyne Technologies Inc. (TRBDF) -- Ignore unavailable to you. Want to Upgrade?

To: David Wiggins who wrote (505)	4/3/1998 12:14:00 AM
From: Marc McPhee	Respond to of 3458

As far as I understand, Turbodyne is applying for certification of a retrofit kit for 1979-1989 DDC 6V92TA engines to bring them to the 1.0 g/bhp-hr PM standard. This law was made in 1993, but metro districts weren't required to comply until 6 months after the 1st company received certification. Engelhard got this certification March 14, 1997, and Johnson Matthey followed. This means that since September 14, 1997 when a metro district has had to have one of these engines rebuilt, it has been required to use either the Engelhard or Matthey kit (minus the few that have received waivers to use the Turbodyne kit). Turbodyne is the only that improves performance of the three, BUT................... every day, week, month, year? that goes by without certification means that Turbodyne loses more and more opportunities. The districts might want to use the Turbodyne kit, but they aren't going to let their buses sit broken unusable waiting for EPA approval. Time is important. How much time, and money, will Turbodyne lose waiting for EPA approval?