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Turbodyne Targets $2.7 Billion Market With The Introduction of its AquaAir™ |
VENTURA, CA, June 27, 2007– Turbodyne Technologies, Inc. (TRBD-OTCBB, TUD-Frankfurt) announced today that it is developing a unique water heating and aeration solution based on its TurboFlow™ technology. The Turbodyne AquaAir™ system provides a cost-effective way to provide both heating and aeration to indoor and outdoor pools, ponds and boat slips.
According to CEO Al Case, “The AquaAir™ targets the market for
cost-effective water aeration and heating. We estimate these markets at
approximately $2.7 billion”. The AquaAir™, is designed to both aerate
and heat water. The design will be applied to boat slips, outdoor
pools, aquariums and other projects where both aeration and/or heat are
required.
The Turbodyne AquaAir™ is an extension the company’s patented TurboPac™
and patent-pending TurboFlow™ air handling systems. The heart of the
system is the high-performance, radial air compression system similar
to the radial compressor used in turbocharging or supercharging
internal combustion engines. By modifying the compressors, a unique
“two-stage” air injection system can be optimized for cool or warm air
which is directly injected into the water. In cold weather, heating
isn’t something you pay “extra” for. It is a natural byproduct of the
radial compressor design.
With nearly 13 million boats in the US, and an estimated 500 thousand
stored in-water in cold climates, and with nearly 1,000 cold-water
coastal marinas and pylon-based boat tie-ups, the potential market for
a more-cost effective, safer freeze prevention system approaches $1
billion. The estimated market for heating systems for new and retro fit
installations for indoor and outdoor swimming pools is approximately
$1.2 Billion. Retrofitting an estimated 5000 retention ponds with a
more efficient aeration system represents a $500 million opportunity.
The company’s business model projects sales of approximately $30
million over the next 36 months.
Turbodyne is actively seeking distribution partners for the AquaAir™.
More information on the AquaAir™, other Turbodyne products and
distribution can be found at www.turbodyne.com
Contact:
Albert F. Case Jr.
805-201-3133
www.turbodyne.com
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.
Their patented TurboPacTM 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™ 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.
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