Notice of Conference Call to Report Railpower's Third Quarter 2007 Results

    TSX SYMBOL (Toronto Stock Exchange): P

    MONTREAL, Nov. 12 /CNW Telbec/ - Railpower Technologies Corp. (TSX: P)
today announced that it will report financial results for the third quarter of
fiscal 2007, ended September 30, 2007, on Tuesday, November 13. Last Friday,
the company announced that Ontario Teachers' Pension Plan has agreed to invest
$35 million, consisting in the issuance of a convertible debenture, which is
debt that can be converted into either common shares or a new class of
convertible restricted voting shares to be created. The debentures will yield
5% annually and can be converted at $0.30 per share.
    Railpower will hold a conference call on Wednesday, November 14, 2007, at
9:00 AM EST which will be hosted by José Mathieu, President and CEO.
Interested parties may also access the conference call by web cast at
    The telephone numbers to access the conference call are 416-646-3096 or
1-866-250-4910 (toll free). A replay of the call will be available until
November 21, 2007. The telephone number to access the replay of the call is
416-640-1917 or 1-877-289-8525 (toll free). The access code is

    About Railpower

    Railpower Technologies (TSX: P) develops, markets, builds and sells
specialized, patented, environmentally friendly technology systems for the
transportation and related industries. Railpower's technologies significantly
reduce fuel usage, operating and maintenance costs and emissions. While
Railpower's origins are in the transportation industry, its technologies have
broad potential and applications in other markets and industries. Railpower is
headquartered in Montreal, Quebec. Its U.S. office is located in Erie,
Pennsylvania (

For further information:

For further information: José Mathieu, President and CEO, Railpower
Technologies Corp., (450) 678-5277, ext. 501, Toll free: 1-866-678-5277,; Carol Sharpe, NATIONAL, (514) 843-2368,; Source: Railpower Technologies Corp.

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