FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of June, 1998
TURBODYNE TECHNOLOGIES INC.
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(Translation of registrant's name into English)
Suite 510, 1090 West Pender Street, Vancouver, BC, Canada, V6E 2N7
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(Address of principal executive offices)
[Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Form 20-F X Form 40-F
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[Indicate by check mark whether the registrant by furnishing the information
contained in this form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.
Yes No X
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[If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b):82
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
TURBODYNE TECHNOLOGIES INC.
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(Registrant)
Date: June 5, 1998 By: /S/ ANDREW LEE
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Andrew Lee, Corporate Secretary
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(Signature)*
*Print the name and title of the signing officer under his signature
<PAGE>
THIS IS THE FORM OF MATERIAL CHANGE REPORT REQUIRED UNDER SECTION 85(1) OF THE
SECURITIES ACT.
FORM 27
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SECURITIES ACT
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MATERIAL CHANGE REPORT UNDER SECTION 85(1) OF THE ACT
ITEM 1. REPORTING ISSUER
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TURBODYNE TECHNOLOGIES INC.
Suite 510, 1090 West Pender Street
Vancouver, British Columbia V6E 2N7
Telephone: 604-682-8854
Facsimile: 604-688-8621
ITEM 2. DATE OF MATERIAL CHANGE
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June 3, 1998
ITEM 3. PRESS RELEASE
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June 3, 1998
ITEM 4. SUMMARY OF MATERIAL CHANGE
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Turbodyne Technologies Inc. ("Turbodyne") announced that following
successful engineering tests in April by French public transport
giant RATP (Regie Autonome des Transports Parisiens), full-scale in
revenue service tests are to begin immediately to confirm fuel
economy benefits and operational reliability, supporting excellent
emissions reduction data already obtained.
ITEM 5. FULL DESCRIPTION OF MATERIAL CHANGE
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Turbodyne announced that following successful engineering tests in
April by French public transport giant RATP (Regie Autonome des
Transports Parisiens), full-scale in revenue service tests are to
begin immediately to confirm fuel economy benefits and operational
reliability, supporting excellent emissions reduction data already
obtained.
To facilitate these tests, Turbodyne has produced custom built
retrofit Turbopac[TM] kits to fit the very limited space available in
the French-built Renault (RVI) bus engine compartment. These custom
kits, which reduce emissions by more than 50% while saving fuel and
other operational costs, have been engineered,
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produced and shipped by Turbodyne in a record four weeks. This
indicates the importance of responding quickly to the largest public
transport company in Europe, and fulfills Turbodyne's stated
objective of penetrating the lucrative European market.
Turbodyne President and CEO, Walter Ware said, "The Turbopac[TM]
represents a self financing solution to a very serious environmental
and health situation which affects every major city in the world.
This move to full scale testing mirrors the successful program
followed by eight major U.S. City transportation authorities. The
difference in France is, because it is a nationalized authority, only
one authority is involved in opening the door to its national bus
fleet. The city of Paris alone operates 4,000 buses."
"This builds on the recent announcement by Detroit Diesel of its
commercial launch of the Turbopac[TM] Bus Kit at the American Public
Transit Association's Bus Operations and Technology Management
Conference," said Turbodyne's founder and Chairman Edward Halimi.
"Turbodyne's delivery of the initial stocking order to Detroit
Diesel's Parts and Distribution Center represents the major turning
point for Turbodyne from an R&D company to a manufacturing company
and supplier to the global automotive industry."
"None of this would have been possible without the leadership and
relationship-building efforts of our President and CEO, Walter Ware",
continued Halimi. "This breakthrough in winning a major global OEM's
business, plus establishing the manufacturing base, positions
Turbodyne to open opportunities and expand business in areas that
have heretofore not been possible."
Turbodyne is an integrated manufacturing company specializing in the
design, manufacture and marketing of high technology performance
improvement and anti-pollution devices for automotive, marine and
industrial applications. Turbodyne's light metal division is an
accredited manufacturer of machined permanent mold and sandcast
aluminum products for the automotive industry.
Turbodyne's integrated manufacturing capabilities also include
precision machining, electronic circuit boards, business motors, high
efficiency centrifugal fan modules and custom alloy wheels for the
automotive aftermarket. Its offices and plants are located in
Carpinteria, La Mirada, Encinitas, CA; Ensenada, Mexico; Northants,
England; Vancouver, British Columbia; and Monchenlgadbach, Germany.
ITEM 6. RELIANCE ON SECTION 85(2) OF THE ACT
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Not applicable.
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ITEM 7. OMITTED INFORMATION
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Not applicable.
ITEM 8. SENIOR OFFICERS
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Mr. Walter F. Ware
President & Chief Executive Officer
c/o Turbodyne Technologies Inc.
21700 Oxnard Street
Suite 1550, Warner Center
Woodland Hills, California 91367
Telephone: (800) 350-2031
Facsimile: (818) 593-2284
ITEM 9. STATEMENT OF SENIOR OFFICER
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The foregoing accurately discloses the material change referred to
herein.
June 5, 1998
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Date
ANDREW O.D. LEE
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(signature)
ANDREW O.D. LEE
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Name
Corporate Secretary
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Position
Vancouver, British Columbia
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Place of Declaration
