August 21, 2000
EASDAQ MAINTAINS TURBODYNE’S SUSPENSION
Carpinteria, California—August 21, 2000 —Turbodyne Technologies, Inc. (EASDAQ:TRBD) reports that on August 2, 2000
EASDAQ suspended trading of the shares of Turbodyne Technologies, Inc., pending clarification of the facts underlying
Turbodyne’s press release dated August 1, 2000.
On August 17, 2000, the EASDAQ Market Authority reviewed the decision to suspend and decided to maintain the suspension
pending further investigation. Such suspension will remain in effect until October 3, 2000, unless otherwise determined by the
Turbodyne Technologies, Inc., a California based high technology company, specializes in the development of charging
technology for internal combustion engines plus the development and manufacturing of high-tech assemblies for electrically
assisted turbochargers and superchargers. Turbodyne Technologies, Inc.’s is located in Carpinteria, CA; the European
business location is Frankfurt, Germany.
Kenneth Fitzpatrick, VP Group Finance—Investor Relations: (805) 684-4551
Markus Kumbrink, Turbodyne Europe Investor Relations: +49-69-69-76-73-13