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


To: Jonathan Boyd who wrote (989)6/3/1998 1:46:00 PM
From: Dr.Rolf W.P.Hensgens  Read Replies (3) | Respond to of 3458
 
YO !!!

...seems I have to switch to TEA for breakfast....coz COFFEE won't taste during the weeks ahead...

Rolf :)



To: Jonathan Boyd who wrote (989)6/3/1998 1:58:00 PM
From: Joe Knoll  Respond to of 3458
 
Here is the release:
Company Press Release
SOURCE: Turbodyne Technologies Inc.
Turbodyne Technologies Inc. Announces French Move To Full-scale
Test of the Bus Turbopac(TM)
WOODLAND HILLS, Ca., June 3 /CNW-PRN/ - Turbodyne Technologies Inc.
(NASDAQ: TRBDF, EASDAQ: TRBD)
announced today that following successful engineering tests in April by French public
transport giant RATP (Regie Autonome
des Transports Parisiens), full-scale in revenue service tests are to begin immediately to
confirm fuel economy benefits and
operational reliability, supporting excellent emissions reduction data already obtained.
To facilitate these tests, Turbodyne has produced custom built retrofit Turbopac(TM)
kits to fit the very limited space available
in the French-built Renault (RVI) bus engine compartment. These custom kits, which
reduce emissions by more than 50%
while saving fuel and other operational costs, have been engineered, produced and
shipped by Turbodyne in a record four
weeks. This indicates the importance of responding quickly to the largest public
transport company in Europe, and fulfills
Turbodyne's stated objective of penetrating the lucrative European market.
Turbodyne President and CEO, Walter Ware said, ''The Turbopac(TM) represents a
self financing solution to a very serious
environmental and health situation which affects every major city in the world. This
move to full scale testing mirrors the
successful program followed by eight major U.S. City transportation authorities. The
difference in France is, because it is a
nationalized authority, only one authority is involved in opening the door to its national
bus fleet. The city of Paris alone
operates 4,000 buses.''
''This builds on the recent announcement by Detroit Diesel of its commercial launch of
the Turbopac(TM) Bus Kit at the
American Public Transit Association's Bus Operations and Technology Management
Conference,'' said Turbodyne's founder
and Chairman Edward Halimi. ''Turbodyne's delivery of the initial stocking order to
Detroit Diesel's Parts Distribution Center
represents the major turning point for Turbodyne from an R&D company to a
manufacturing company and supplier to the
global automotive industry.''
''None of this would have been possible without the leadership and
relationship-building efforts of our President and CEO,
Walter Ware,'' continued Halimi. ''This breakthrough in winning a major global OEM's
business, plus establishing the
manufacturing base, positions Turbodyne to open opportunities and expand business in
areas that have heretofore not been
possible.''
TURBODYNE TECHNOLOGIES INC.
''Walter F. Ware''
-------------------------------------
Walter F. Ware
President and Chief Executive Officer
Turbodyne's world wide web address is: ww