SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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Form 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): September 23, 1999
TURBODYNE TECHNOLOGIES INC.
(Exact Name of Registrant as Specified in Charter)
Delaware 0-21391 95-4699061
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
21700 Oxnard Street, Suite 1550
Woodland Hills, CA 91367
(Address of Principal Executive Offices)
(818) 593-2282
(Registrant's Telephone Number)
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ITEM 5. OTHER EVENTS
Reference is made to Registrant's press release issued on September 23,
1999, which contains information meeting the requirements of this Item 5, and
which is incorporated herein by this reference. A copy of the press release is
attached to this Form 8-K as Exhibit 99.1.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
September 24, 1999 TURBODYNE TECHNOLOGIES INC.
/S/ LEON NOWEK
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By: Leon Nowek
Director
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EXHIBIT INDEX
EXHIBITS PAGE NUMBER
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99.1 Press Release dated September 23, 1999.
EXHIBIT 99.1
Company Announcement: Turbodyne Responds to SEC Request
Woodland Hills, CA -- September 23, 1999 - Turbodyne Technologies Inc.
(EASDAQ:TRBD) today announced that the Securities and Exchange Commission is
conducting an inquiry into the Company. The SEC indicated that its inquiry
should not be construed as an indication by the Commission or its staff that any
violations of law have occurred, nor should it be construed as an adverse
reflection on the merits of the Company's securities or on any person or entity.
The Company has cooperated fully with the SEC and intends to continue to fully
cooperate with any additional requests of the SEC.
Turbodyne Systems, the Engine and Pollution Technology Division of Turbodyne,
designs, develops, manufactures and markets patented pollution-reduction, fuel
economy and performance enhancing products for internal combustion engines in
the automotive, transportation, construction, marine, agriculture, mining,
military and power generation industries. Turbodyne's Light Metals Division is a
manufacturer of machined aluminum castings and leading supplier to the
automotive industry.
Offices and/or plants are located in Carpinteria, La Mirada, Encinitas and
Woodland Hills, CA; New York; Ensenada and Mexico City, Mexico; Paris France;
London, England; and Frankfurt, Germany.
CONTACT:
Corporate Communications - Peter Weichselbraun, 800/566-1130
Investor Relations - Mark White, 800/350-2031
European Business Development - Markus Kumbrink, +49-69-975-44-665