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Woodland Hills, CA ? October 25, 1999 - Turbodyne Technologies Inc. (EASDAQ:TRBD)
announced today that its joint development partner AlliedSignal Turbocharging Systems was awarded the International Grand Prix for Technical
Innovation Jury?s Special Prize for its new electrically assisted Garrett® charger?. The award ceremony for the International Grand Prix took place on ctober 15, 1999 at the Equip?Auto Show in Paris, which was attended by
veral prominent figures from the automotive world. tp://www.garrett-turbo.com/gb_i/version4.htm
The Garrett® Dynacharger? has been jointly developed by Turbodyne
Technologies Inc. and AlliedSignal under an exclusive licensing and
lopment agreement. As part of the agreement,
urbodyne supplies engineering, light-metal castings, electric motors, generators and electronic
controls. AlliedSignal holds exclusive rights for the manufacturing and marketing of any turbocharger
products being developed on a worldwide basis as a result of the joint activities.
One of the main advantages of electrically assisted turbocharging technology is its ability to increase
turbo speed at low engine speed, increasing low speed torque and improving transient response to
eliminate "turbolag", the typical "lag-time" between the moment a driver accelerates to the time an
engine receives "boost" from the turbocharger. In addition, the electrically assisted turbocharger
produces electricity that could be used to replenish a vehicle?s battery, among other duties.
AlliedSignal Turbocharging Systems reports that it will begin testing the Garrett® Dynacharger?
with major US and European automotive manufacturers by the end of the year.
"We are extremely proud to have received such a prestigious award," said Bert Snijders, Vice
President and General Manager, AlliedSignal Turbocharging Systems Europe. "As the first of its
kind, the Garrett® Dynacharger?, applicable for both gasoline and diesel vehicles, is an exciting
addition to our current turbocharger line and demonstrates AlliedSignal?s commitment to be first in
providing its customers with the latest boosting technologies".
Prof. Dr.-Ing. Peter Hofbauer, Chief Executive Officer of Turbodyne Technologies Inc., commented,
"We are pleased and honored that our joint development work not only has been met with great
interest on the side of the OEMs but additionally has been recognized by the jury?s automotive
experts in such a prestigious and highly visible way. This prize endorses our concentrated efforts to
supply the finest technical solutions possible."
The International Grand Prix for Technical Innovation
Awarded for the first time in 1985, the International Grand Prix for Technical Innovation is organized
by Equip?Auto in conjunction with the international press, with the participation of AFPA (Association
Francaise de la Presse Automobile) and AJTE (Association des Journalistes Techniques
Europeens). The Grand Prix is presided over by an international jury of 70 journalists and experts
from the automotive sector in 17 countries. Their brief is to select the most innovative concepts,
products and services from among the new offerings at Equip?Auto and award prizes.
The international jury is chaired this year by Yves Hervalet (Chairman), Martial Burat and Armando
Rosatelii (Vice-Chairmen), Daniel Descamps (Technical Director), Bernard Rambaud
(Vice-Chairman, Jury?s Special Prize). The following countries were represented on the international
jury: Austria, Belgium, Brazil, Finland, France, Germany, Ireland, Italy, Japan, Netherlands, Norway,
Portugal, South Africa, Spain, Sweden, United Kingdom and USA.
The Jury?s Special Prize was awarded to AlliedSignal by AFPA (Association Francaise de la Presse
Automobile) and AJTE (Association des Journalistes Techniques Europeens). This prize is
considered to be the pre-eminent award for technological innovation in the automotive world.
AlliedSignal Turbocharging Systems is a global manufacturer of Garrett® turbochargers,
superchargers, and charge-air coolers for diesel and gasoline-driven passenger cars, commercial
vehicles and heavy-duty trucks. The company?s worldwide headquarters is based in Torrance,
California and its European headquarters is based in Levallois-Perret, France. Turbocharging
Systems operates 15 manufacturing facilities and technology centers in 12 nations throughout the
Americas, Europe and Asia.
AlliedSignal Inc. is an advanced technology and manufacturing company serving customers
worldwide with aerospace products and services, automotive products, chemicals, fibers, plastics
and advanced materials. It is one of the 30 stocks that make up the Dow Jones Industrial Average
and is also a component of the Standard & Poor?s 500 Index. The company employs 70,400 people
in some 40 countries. Additional information on the company is available on the World Wide Web at:
Turbodyne Technologies Inc., the California based high techology company, specializes through its
Engine Technology Division in the development, manufacture and marketing of proprietary pollution
control, fuel economy and performance enhancement products for internal combustion engines in the
global automotive, transportation, construction, agriculture, marine, 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.
Turbodyne Technologies Inc. maintains offices and/or plants located in Carpinteria, La Mirada,
Encinitas and Woodland Hills, California; New York; Ensenada and Mexico City, Mexico; London,
England; Paris France; and Frankfurt, Germany.
Corporate Communications - Peter Weichselbraun, 800/566-1130
Investor Relations - Mark White, 800/350-2031
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