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

To: Far Side who wrote (562)	4/14/1998 9:31:00 AM
From: Tech Master	Read Replies (1) \| Respond to of 3458

* TRBDF PRESS RELEASE * Tuesday April 14, 9:02 am Eastern Time Company Press Release SOURCE: Turbodyne Technologies Inc. Turbodyne to Test Turbopacs(TM) on Ralphs Trucks WOODLAND HILLS, Ca., April 14 /PRNewswire/ - Turbodyne Technologies Inc. (NASDAQ: TRBDF, EASDAQ: TRBD) announced today it has entered into an agreement with Ralphs Grocery Company (''Ralphs''), to install the Turbopac(TM) low-emission system on representative engines of the Southern California supermarket company's truck fleet. Ralphs is the largest supermarket operator in Southern California with 400 stores and an additional 65 in Northern California and the Midwest. The company is a subsidiary of Fred Meyer, Inc., one of the nation's five largest food and drug retailers with 800 stores in the western United States and annual sales of $15 billion. Turbodyne's Turbopac(TM) recently received official certification as an approved emission reduction system from the United States Environmental Protection Agency. The Turbopac(TM) is widely recognized as the only anti-pollution product that provides a financial payback to the user through substantially improving fuel economy and performance. It is an electronic supercharger that provides additional air to the engine during the peak demand periods of acceleration under load. This facilitates more efficient combustion thereby reducing emissions and fuel consumption, and improving engine power and vehicle performance. The reduction in harmful pollutants is a direct result of the combination of improved combustion efficiency and reduced fuel consumption required for the same power output. Another unique benefit of the Turbopac(TM) technology is that carbon dioxide, the primary contributor to global warming, is reduced in direct proportion to the reduction in fuel burned. ''Not only will Ralphs directly help the communities it serves by cleaning the air people breathe, its efforts will also contribute to easing the threat of global warming, reducing public health care costs, and improving the overall quality of life, setting an example for other trucking fleets,'' said Walter Ware, Turbodyne's President & Chief Executive Officer. ''By using the Turbopac(TM) to reduce pollutants from its heavy-duty diesel engines, Ralphs will also enjoy a financial payback in the form of lower fuel consumption and improved vehicle performance, which results in a 'win-win' situation for the people, the environment, Ralphs and Turbodyne.'' ''Ralphs' decision to test the Turbopac(TM) within its fleet of several hundred trucks is an important marketing step for Turbodyne,'' Ware continued. ''In the United States alone, there are more than seven million medium and heavy-duty delivery trucks in the aftermarket sector, driving 200 billion miles a year. With many states becoming increasingly concerned about commercial vehicle emissions and enforcing stricter compliance and/or enacting new laws such as the 'puff of black smoke' laws, the Turbopac(TM) is really the only cost-effective solution.'' 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. 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 SOURCE: Turbodyne Technologies Inc.