Detroit Diesel Corporation And Turbodyne Apply For EPA Certification
13 August 1997
Detroit Diesel Corporation And Turbodyne Apply For EPA CertificationDETROIT, MI., Aug. 13 /CNW-PRN/ - Detroit Diesel Corporation (DDC-NYSE) announced today that Detroit Diesel and Turbodyne Technologies Inc. (``Turbodyne'') (TRBDF-NASDAQ, TRBD-EASDAQ) submitted an application on July 16, 1997, to the United States Environmental Protection Agency for certification under the Urban Bus Retrofit/Rebuild Program at the .1 gram particulate emission level. The application includes all mechanical unit injection 6V92 engines manufactured between 1979 and 1989. Detroit Diesel and Turbodyne have responded to the challenge of providing a cost effective means of complying to the EPA rebuild regulations, with minimal impact on the fundamental engine and its performance. The DDC/ Turbodyne kit includes parts traditionally replaced at time of overhaul, a Turbopac(R) electric controlled supercharger and a catalytic converter. Manufactured by Turbodyne, the Turbopac(R) supplies positive air intake pressure at acceleration to optimize the fuel/air ratio. The Turbopac(R) mounts between the air inlet side of the turbo and the air cleaner. Test data for a rebuilt DDC 6V92 using the DDC/Turbodyne kit shows a reduction of particulate emissions down to .09 grams per brake horse power hour. DDC and Turbodyne intend to offer the package in the form of complete reliabilt(R) factory remanufactured engines, reliabilt(R) long blocks and rebuild kits that the customer can install at time of overhaul. The .10 gram particulate rebuild kits can be purchased through authorized Detroit Diesel distributors once certification is granted. Turbodyne is an integrated manufacturing company specializing in the design, manufacture and marketing of high technology performance improvement and anti-pollution devices for automotive, marine and industrial applications. Turbodyne's light metal division is a manufacturer of machined permanent mold and sand cast aluminum products for the automotive industry. Turbodyne's integrated manufacturing capabilities also include precision machining, electronic circuit boards, brushless motors, high efficiency centrifugal fan modules and custom alloy wheels for the automotive aftermarket. Its offices and plants are located in Carpinteria, Calif.; La Mirada, Calif.; Encinitas, Calif.; Ensenada, Mexico; Nortants, England; Vancouver, British Columbia; and Monchengladbach, Germany. Detroit Diesel Corporation is engaged in the design, manufacture, sale and service of heavy-duty diesel and alternative fuel engines, automotive diesel engines, and engine-related products, maintains QS-9000 certification for its manufacturing and parts distribution operations, and provides financing though Detroit Diesel Capital Corporation. The Company offers a complete line of diesel engines from ten to 10,000 horsepower for the on-highway truck; construction, mining and industrial; automotive; coach and bus; marine; power generation; and military markets. Detroit Diesel services these markets directly and through a worldwide network of more than 2,500 authorized distributors and dealers. Detroit Diesel's major shareholder is a wholly-owned subsidiary of Penske Corporation, a closely-held, diversified transportation services company which conducts its business through a number of wholly-or partially-owned companies, including Penske Truck Leasing Company, Diesel Technology Company, AG Kuhnle, Kopp and Kausch, Penske Automotive Group, Inc., Penske Auto Centres, Inc., Penske Motorsports, Inc., and Penske Capital Partners. The Penske group of businesses has annual revenues exceeding $6 billion and employs more than 25,000 around the world. Detroit Diesel Corporation's World Wide Web address is http://www.detroitdiesel.com and Turbodyne's address is http://www.turbodyne.com Turbodyne Technologies Inc. Edward M. Halimi President With the exception of the historical information contained in this news release, the matters discussed above include forward-looking statements that involve risk and uncertainties. One important factor that could cause actual results to differ from those indicated in the forward-looking statements would be the inability of the Company to reach a definitive supply agreement with Detroit Diesel Corporation. The failure of any of these factors would cause actual results to differ materially from the forward-looking statements discussed above. SOURCE: Turbodyne Technologies Inc.