Turbodyne Delivers First Shipment Of Turbopacs(TM)
5 May 1998
Turbodyne Delivers First Shipment Of Turbopacs(TM)WOODLAND HILLS, CA., May 4 /CNW-PRN/ - Turbodyne Technologies Inc. announced today that it has delivered, ahead of schedule, its first series production shipment of Turbopac(TM) bus kits to Detroit Diesel Corporation , to be installed on city buses in conjunction with the Environmental Protection Agency's (EPA) Urban Bus Retrofit/Rebuild Program. This nationwide program is planned to require at least 1,250 bus kit units this year. This first shipment is part of the blanket order placed in March by DDC's Canton, Ohio worldwide Parts Distribution Center. The very first Turbopac(TM) Model 2500 bus kit, serial number 0001, was direct shipped to the Tampa, Florida Transit Authority for immediate installation. With the addition of Tampa, there are now nine municipal bus properties in the United States utilizing Turbodyne's technology to provide ``clean air diesel'' service to communities and to save the taxpayers' money based upon reduced fuel consumption and improved vehicle performance. The remainder of the bus kits was delivered to Canton, Ohio for warehousing and distribution. ``It is exciting for Turbodyne to make a major contribution in conjunction with DDC and the EPA in this watershed program that is rapidly becoming the global model for reducing the harmful exhaust emissions from city buses,'' said Turbodyne CEO Walter Ware. ``The experience being gained with these ``clean air diesel'' engines, combined with the demonstrated financial payback potential of the Turbodyne technology, can only logically lead to broader applications across all diesel engines in every type of commercial service.'' 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. Turbodyne's light metals division is a manufacturer of machined aluminum castings and a leading supplier to the automotive industry. 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 and CEO This news release contains forward-looking statements concerning the future performance of Turbodyne Technologies and its subsidiaries, which are subject to a number of factors including general economic conditions, conditions within the global automotive market, and political changes both domestically and overseas. SOURCE: Turbodyne Technologies Inc.