Turbodyne Announces Completion of Its Turbopac Product Development and a Launch Date of November 2, at SEMA in Las Vegas

CARPINTERIA, Calif., Oct. 4, 2004 -- Turbodyne Technologies, Inc. (OTC Bulletin Board: TRBD; Berlin: TUD) (the "Company") issued the following report today, to update the status of its affairs:

The Company announced today that it has completed the development of two next generation models of its patented electronic boosting system, the Turbopac(TM) system, and now has production configuration products available to take to market. The Model 800 Turbopac is intended for truck and bus engines from 6-11 liters in displacement, and the Model 801 is intended for passenger car engines up to 3.5 liters in displacement.

The Turbopac(TM) system delivers nearly instantaneous increased intake- manifold pressure for internal combustion engines, improving responsiveness and torque at low engine speeds, and reducing turbocharger spooling time. The Company intends to launch an aggressive marketing campaign and unveil these new products at the Specialty Equipment Manufacturers Association ("SEMA") Convention in Las Vegas, Nevada, on November 2 to 5, 2004.

David Willett, COO, also intends to travel to Europe in November after the convention, to take and demonstrate the product to several potential European customers.

About Turbodyne

Turbodyne Technologies Inc. is a leading engineering company in the design and development of electronic charging technology to enhance the performance of internal combustion engines. The Company's technology is based upon high- speed, high-power, electronically commutated electric motors and high density power-electronics.

Integrating this technology into conventional turbocharging systems produces the Turbopac(TM) system, which eliminates the fundamental problems associated with "turbo-lag" on vehicles equipped with turbocharged engines. Turbodyne's prime target markets are the automobile manufacturers and the after-market. Further information on Turbodyne can be found at www.turbodyne.com.

  TURBODYNE TECHNOLOGIES, INC
  Andrew Martyn-Smith, President & CEO