Turbodyne Technologies Announces Marine Applications for Its TurboFlow(TM) System
05 4월 2007 - 10:30PM
PR Newswire (US)
VENTURA, Calif., April 5 /PRNewswire-FirstCall/ -- Turbodyne
Technologies, Inc. (OTC:TRBD) (BULLETIN BOARD: TRBD) announced
today its new application for its TurboFlow(TM) air induction
system -- high-speed inflation/deflation of RIB watercraft. Rigid
Inflatable Boats (RIBs) are becoming increasingly popular for both
recreational boating, commercial and military marine applications.
The TurboFlow(TM) can be used to inflate and deflate RIBs and
non-rigid inflatable boats at unprecedented speeds to reduce
storage requirements. Lack of effective high-volume air handling
technology for recreational, commercial and military marine
applications creates a substantial opportunity for the
TurboFlow(TM) air handling system. The marine-adapted TurboFlow(TM)
system can inflate or deflate a 16 foot RIB or non-RIB in a
fraction of the time. Shorter, more practical inflation/deflation
time means more deck and more storage space. In addition, the new
TurboFlow(TM) inflation system and its high-efficiency on-onboard
power supply allows military amphibious landing parties to place
fewer personnel in harms way for the mission. Since boats can be
rapidly deflated, rather than scuttled, no pick-up team is required
to retrieve the landing party, and the inflatable is available for
re-use. The availability of the TurboFlow(TM) inflation technology
has the potential to drive overall RIB and non RIB sales in all
applications since it can allow the installation of a 12 foot to 18
foot RIB on a 40+ foot vessel without requiring intrusive,
multi-deck davit installation which often is more expensive than
the RIB itself. With the rapid inflation/deflation capabilities of
the TurboFlow(TM) many recreational buyers who would not buy
because of trailing requirements can now trunk or roof carry a
deflated inflatable and have it operational within minutes. Current
estimates place non-military, world-wide RIB sales at 12,000 to
15,000 units per year, nearly 100% of which are targets for the
TurboFlow(TM) inflation technology. The retrofit market is even
higher, with approximately 1 million RIBS already installed on
pleasure yachts. Marine experts estimate that the RIB and non-rigid
inflatable new sale market could double or triple with on-board,
self-powered rapid inflation/deflation technologies. 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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