Turbodyne Technologies, Inc. Announces the Appointment of Anthony Barclae as a Director
12 April 2007 - 4:38AM
PR Newswire (US)
VENTURA, Calif., April 11 /PRNewswire-FirstCall/ -- Turbodyne
Technologies, Inc. (OTC:TRBD) (BULLETIN BOARD: TRBD) today
announced the election of Anthony Barclae to its board of
directors. Mr. Barclae began his career in the automotive industry
in 1948 at Ford Motor Company where he was responsible for
purchasing over $1 billion a year in auto parts at the time. In
1955 he joined Maremont Corp, an auto parts manufacturer as Vice
President of OEM Sales where he helped grow the OEM sales division
from $10 million to $60 million. In 1964, Mr. Barclae founded
Falcon Industries, Inc., an auto parts manufacturing concern based
in Troy, MI. which he grew to $80 million in sales before selling a
majority of the company and retiring in 1993. Since 1993, Mr.
Barclae has been an independent consultant in the automotive parts
and components industry. "I am pleased to join the board of
Turbodyne Technologies, Inc. I believe that the company possesses
key technology that will enable major changes to take place in the
area of internal combustion engine propulsion and emissions
reduction. As new smaller displacement engines and hybrid
technology become the focus of commercial production, independently
controlled air induction on demand will become a key factor
necessary to achieve and exceed the current levels of output of
larger displacement engines. I am excited to help guide the
company's efforts," said Barclae. "We are excited to have Mr.
Barclae join our board. We believe Mr. Barclae's experience and
influence in the automotive industry will serve as a valuable asset
in our endeavor to build the company," said Albert Case, CEO of
Turbodyne. About Turbodyne Technologies, Inc. Turbodyne
Technologies, Inc. (TRBD.OB) is a California-based 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. Their 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 busses. The TurboFlow(TM)
design provides computer-controlled, variable high pressure, high
volume air movement in a small, lightweight, low power package for
a variety of applications from inflatable boat inflation and HVAC
air movement to forced air induction for internal combustion
engines. 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: Albert F. Case Jr., of
Turbodyne Technologies, Inc., +1-805-201-3133
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