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

To: David Wiggins who wrote (1209)	7/10/1998 6:19:00 AM
From: MostActive	Read Replies (1) \| Respond to of 3458

Press Release !!! Woodland Hills, Ca. - July 10, 1998 -- Turbodyne Technologies Inc. (NASDAQ:TRBDF, EASDAQ:TRBD) announced today the permanent appointments of Mr. Khal Kader as Chief Financial Officer, and Mr. Duane Rosenheim as Chief Operating Officer. "Mr. Kader joins Turbodyne from the international accounting firm of KPMG Peat Marwick LLP, ("KPMG")," said President & CEO Walter Ware. "We are pleased to have a man of Mr. Kader's background and expertise at Turbodyne. His experience working with manufacturing concerns makes him more than qualified to serve as our financial officer." While at KPMG, Mr. Kader was responsible for managing multiple financial audits, performing due diligence for acquisitions, preparing financial statements, and preparing policy and procedure manuals for several private and public sector clients, specializing in manufacturing. Mr. Kader received his Bachelor of Science degree in Accounting from the University of Southern California and he is a Certified Public Accountant. Mr. Rosenheim recently joined Turbodyne Systems, Inc. as Vice President of Operations and is a veteran of General Motors' Delco Systems Division. In his last position at Delco, he was responsible for the overall commercialization of electronic products into full-scale production and all aspects of manufacturing. He has a Bachelor of Science degree in Electrical Engineering from Milwaukee School of Engineering and a Masters degree in Management from the University of Redlands. "Since joining Turbodyne, Mr. Rosenheim has shown that he has the skills and the know-how to take Turbodyne to the next level," said Ware. "His hands-on experience with transitioning new products into commercial production will contribute to Turbodyne's continued success in becoming a world-class manufacturing company." These appointments replace the functions that were performed by Mr. John Singleton, who has resigned and is no longer with Turbodyne. 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: turbodyne.com