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


To: Dr.Rolf W.P.Hensgens who wrote (530)4/7/1998 9:11:00 AM
From: Tech Master  Read Replies (1) | Respond to of 3458
 
Turbodyne's Turbopac(TM) Receives EPA Certification

Tuesday April 7, 8:45 am Eastern Time

Company Press Release

SOURCE: Turbodyne Technologies, Inc.

Turbodyne's Turbopac(TM) Receives EPA Certification

WOODLAND HILLS, Calif., April 7 /PRNewswire/ -- Turbodyne Technologies Inc., (Nasdaq: TRBDF, EASDAQ: TRBD) announced today it received official certification from the United States Environmental Protection Agency (EPA) under the Urban Bus Retrofit/Rebuild Program as part of a Detroit Diesel Corporation (NYSE: DDC - news) emission upgrade kit. Last July, DDC and Turbodyne submitted an application for certification at the 0.10 gram per brake horsepower hour (bhp-hr) particulate emission level. This includes all federally certified 253, 277, and 294hp DDC mechanical unit injection 6V92 engines manufactured between 1979 and 1989.

The EPA says the certified equipment may be used immediately by transit operators in compliance with requirements of the Urban Bus Retrofit/Rebuild Program.

''As part of the DDC kit, Turbodyne can now provide transit authorities across the United States the only cost effective means of complying with the EPA rebuild regulations, with significant improvement in fuel economy and vehicle performance,'' said Walter Ware, Turbodyne's President & CEO. ''Turbodyne's estimated first year sales under this program is between $4,000,000 and $5,000,000.''

The Detroit Diesel kit, sold through DDC distributors, includes parts used in the previously certified 25 percent emissions reduction kit plus a Turbopac(TM). The Turbopac(TM) is an electronical supercharger that supplies increased airflow during acceleration to optimize the fuel/air ratio. Test data for a rebuilt engine using the DDC/Turbodyne kit shows a reduction of particulate emissions down to 0.09 grams/ bhp-hr.

Turbodyne Systems, the high technology division of Turbodyne, manufactures, designs, markets and develops patented pollution-reduction, fuel economy and performance enhancing technology for internal combustion engines in the automotive, transportation, construction, marine, agriculture, mining, military and power generation industries. Commercial sales have begun. Turbodyne's light metals division is a manufacturer of machined aluminum castings and a leading supplier to the automotive industry, providing $39 million in revenues in 1997.

Offices and plants are located in Carpinteria, La Mirada, Encinitas and Woodland Hills, CA; Ensenada and Mexico City, Mexico; Northants, England; Frankfurt, Germany; Vancouver, Canada; and Paris, France.

TURBODYNE TECHNOLOGIES INC. ''Walter F. Ware'' Walter F. Ware President & Chief Executive Officer

Turbodyne's world wide web address is: www.turbodyne.com

A notice announcing this certification will be published in the Federal Register in the near future. This news release contains forward-looking statements concerning the future performance of Turbodyne Technologies and its subsidiaries, which are subject to a number of factors including general economic conditions, conditions within the global automotive market, and political changes both domestically and overseas.

SOURCE: Turbodyne Technologies, Inc.



To: Dr.Rolf W.P.Hensgens who wrote (530)4/7/1998 9:42:00 AM
From: Gerald L. Kerr  Respond to of 3458
 
Rolf, good call!

4 5/16 X 4 1/2

Gerry



To: Dr.Rolf W.P.Hensgens who wrote (530)4/7/1998 9:49:00 AM
From: Lonnie  Respond to of 3458
 
Good morning all:

Yes the coffee smells like fresh ink!
The NR looks good!
Have a great day everyone!



To: Dr.Rolf W.P.Hensgens who wrote (530)4/7/1998 12:31:00 PM
From: Nathan Hansen  Respond to of 3458
 
Just got back to home office. Yes, this news looks GREAT!!! It's what we have been anticipating. Next thing is the technical challenge. Let's work at this 4 1/2 resistance. 'six' sounds better than 'fore', unless you are an avid golfer.

cheers til next week.