Turbodyne Technologies' Fleet Services Unit Receives Order for TurboPacs(TM)
11 Junio 2008 - 7:30AM
PR Newswire (US)
VENTURA, Calif., June 11 /PRNewswire-FirstCall/ -- Turbodyne
Technologies, Inc. (OTC Bulletin Board: TRBD; TUD-Frankfurt)
announced today that it has received an order from American
Transportation System of Los Angeles, Ca. for the installation and
testing of its patented TurboPac(TM). Turbodyne will perform a
pilot phase to prove diesel fuel savings and emissions reduction.
American Transportation System will purchase a series of
TurboPacs(TM) that will lead to a retrofit of a select number of
vehicles in their fleet of coach transportation and school buses
after the initial pilot phase. "We are excited to add ATS to our
new Fleet Services Unit," said John Adams, Turbodyne's CEO. The
pilot phase will begin in July and will last approximately 30 to 45
days. The TurboPac(TM) provides an electrically powered and
digitally controlled supply of boost air on demand that increases
the efficiency of diesel fuel burn during the initial low RPM
spectrum where a significant amount of fuel is used in high
traffic, stop and go operating conditions. Dennis Justice of ATS
added, "This is especially valuable for us because we operate in
highly congested conditions and that's where we use a significant
amount of fuel." The Fleet Services Unit will certify the ATS staff
during the installation and testing phase of Turbodyne's patented
TurboPac(TM). About Turbodyne Technologies, Inc. Turbodyne
Technologies, Inc. (TRBD.OB) is a developer of patented
electrically powered air movement and propulsion components that
are engineered to promote lower fuel consumption and address higher
emission standards for hybrid, gas and diesel internal combustion
engines. The patented TurboPac(TM) design reduces diesel pollution,
eliminates turbo-lag in gas and diesel engines and increases fuel
economy through both engine downsizing for hybrid, gas and diesel
applications as well as low-RPM fuel burn optimization for diesel
trucks and buses. The TurboFlow(TM) design provides
computer-controlled, variable pressure, high volume air movement in
a small, lightweight, low power package for forced air induction
for internal combustion engines. About American Transportation
System American Transportation System operates a fleet of coach
transportation and school buses that serve the greater Los Angeles
area. The information in this release contains forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. These forward- looking statements involve
risks and uncertainties, including statements regarding the
Company's capital needs, business strategy and expectations. Any
statements contained herein that are not statements of historical
facts may be deemed to be forward-looking statements. In some
cases, you can identify forward-looking statements by terminology
such as "may", "will", "should", "expect", "plan", "intend",
"anticipate", "believe", "estimate", "predict", "potential" or
"continue", the negative of such terms or other comparable
terminology. Actual events or results may differ materially. In
evaluating these statements, you should consider various factors,
including the risks outlined in the Risk Factors in other reports
the Company files with the SEC. These factors may cause the
Company's actual results to differ materially from any
forward-looking statement. The Company disclaims any obligation to
publicly update these statements, or disclose any difference
between its actual results and those reflected in these statements.
The information constitutes forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
DATASOURCE: Turbodyne Technologies, Inc. CONTACT: Jason M. Meyers
of Turbodyne Technologies, Inc., +1-805-512-9511, ; or Dennis
Justice of American Transportation System, +1-323-846-8832 Web
site: http://www.turbodyne.com/
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