VENTURA, Calif., June 20 /CNW/ -- Turbodyne Technologies, Inc. (OTC
Bulletin Board: TRBD) announced today that it has developed a unique
multi-function air handling system for diesel marine vessels. The Turbodyne
AirFlow-M(TM) system provides improved diesel engine performance in hot and
humid weather and forced-air cabin and bilge heating in cold weather. The
Turbodyne AirFlow-M(TM) is based on the company's patent-pending TurboFlow(TM)
air handling system. The heart of the system is the high-performance, light
weight and compact TurboFlow (TM) radial air compression system.
With an estimated 2.2 million registered recreational diesel boats in the
U.S., and an equal number of commercial vessels, there is a sizeable
addressable market for marine air-handling units, with the refit market
overshadowing the new-build market. With an addressable market of over $11
billion dollars, the Company's business model projects sales of approximately
$100 million over the next three years.
According to Albert Case, CEO and president, "This market represents a
significant opportunity for Turbodyne. There are tens of thousands of yachts
and commercial vessels in the United States, and internationally that operate
in hot climates. And, it's a known fact that higher temperatures significantly
decrease diesel engine performance. Likewise, there are vessels that operate
in cold climates, or remain in-water during the cold season. All of which can
take advantage of the Turbodyne AirFlow-M(TM)."
Marine diesel engine performance degrades in hot, humid weather. High
ambient air temperature combined with the effects of a closed engine room
compound the problems for many vessels. Alleviating the problem involves
circulating cooler air through the engine room.
The Turbodyne AirFlow-M(TM) compressor is a high-volume air handling
system capable of moving 200 to 500 cubic-feet of air per minute, which means
that it can completely cycle the air in the engine room of a 46 foot yacht in
two minutes. Coupled with a raw-water cooled heat sink, and an on-demand
fresh-water pre-heater, 20 to 50 degree drops in engine room temperature can
be achieved, enabling more dense air with higher oxygen content per liter of
air which translates into greater engine acceleration and top-end performance.
This is a significant benefit to normally aspirated or turbocharged and
supercharged diesel engines.
Like a traditional electric heat pump, the Turbodyne AirFlow-M(TM) system
can be reversed in cold weather to provide cabin, engine room and bilge
warming to prevent freezing.
Unlike typical resistance heat (electric heating coil) or electric heat
pump systems, the Turbodyne AirFlow-M(TM) system uses the natural "waste heat"
inherent in high velocity air compression systems to both heat the air, and
distribute it, saving considerable energy in the process over resistance
heating element based systems.
Turbodyne plans to market the AirFlow-M(TM) through distribution partners
in the marine industry.
Albert F. Case Jr.
About Turbodyne Technologies, Inc.
Turbodyne Technologies, Inc. (OTC Bulletin Board: TRBD) 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 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.
For further information:
For further information: Albert F. Case Jr. of Turbodyne Technologies,
Inc., +1-805-201-3133 Web Site: http://www.turbodyne.com