Turbodyne Signs Marketing Alliance with Barnes Dyer Marketing
17 November 1998
Turbodyne Signs Marketing Alliance with Barnes Dyer Marketing
WOODLAND HILLS, Calif.--Nov. 17, 1998--Turbodyne Technologies (Easdaq:TRBD.) Tuesday announced that it has signed a marketing alliance agreement with Barnes Dyer Marketing Inc. (BDM).
BDM, founded in 1974 and with headquarters in Irvine, Calif., is considered to be the leading marketing specialist in the automotive field, with a fine balance between its presence in the heavy duty industry and the specialization in the area of performance and race cars.
BDM has gained nationwide recognition with being the marketing force behind such outstanding events as the 1998 Pikes Peak International Hill Climb and the Bob Hope Chrysler Classic on the PGA Tour. Among its non-corporate customers are well-known personalities of the Unser, Jones and Mears families of Indianapolis 500 fame.
Bruce F. Barnes, president of BDM, commented on the agreement: "We are thrilled to be associated with Turbodyne, the only company with leading edge technology for combustion engines that combines pollution reduction, performance enhancement and fuel economy. We are proud that, after 25 years of successful promotion of products, programs and event activities, we have been chosen as a partner by Turbodyne."
Edward M. Halimi, founder and chairman of Turbodyne Technologies, added: "An alliance with a marketing partner, who can bring a wealth of expertise in gaining nationwide recognition for our products in the aftermarket segments of heavy duty and performance vehicles is an endorsement of our product lines and timely addition to our marketing effort."
Turbodyne Systems, the Engine and Pollution Technology Division of Turbodyne, designs, develops, manufactures and markets patented pollution-reduction, fuel economy and performance-enhancing products 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, Calif.; New York; Ensenada and Mexico City, Mexico; Vancouver, Canada; Northants, England; Paris; and Frankfurt, Germany.
Visit Turbodyne's Web site at http://www.turbodyne.com
Except for the historical information contained in this news release, the matters discussed herein include forward-looking statements that involve risks and uncertainties. Among the important factors that could cause actual results to differ from those indicated in the forward-looking statements are the availability and acceptance of the Turbodyne products, the impact of competitive products and pricing, the performance by the company under existing purchase contracts and the ability to obtain new contracts, the ability of the company to contain expenses, conditions within the global automotive market, general economic conditions, and political changes both domestically and overseas.