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): February 4, 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 February 4, 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.
February 5, 1999 TURBODYNE TECHNOLOGIES INC.
By: /S/ Khal A. Kader
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Khal A. Kader
Chief Financial Officer
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EXHIBIT INDEX
Exhibits Page Number
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99.1 Press Release dated February 4, 1999.
Page 1
EXHIBIT 99.1
TURBODYNE UPDATE
WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Feb. 4, 1999--Turbodyne Technologies
Inc. (Nasdaq:TRBD; EASDAQ:TRBD) Thursday reported that a hearing date of Feb.
25, 1999, has been scheduled with the NASD in connection with its initiation of
proceedings relating to a possible delisting of the company's shares.
Turbodyne has retained Williams & Connolly of Washington D.C. as special counsel
to assist management in its presentation to the NASD.
Turbodyne also requested a hearing with EASDAQ, which is scheduled to take place
on March 1, 1999.
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 a leading supplier to the automotive industry.
Offices and plants are located in Carpinteria, La Mirada, Encinitas and Woodland
Hills, Calif.; New York; Ensenada and Mexico City, Mexico; Vancouver, Canada;
Paris; and Frankfurt, Germany.
Turbodyne's World Wide Web address is: www.turbodyne.com
With the exception of the historical information contained in this news release,
the matters discussed above include forward-looking statements that involve
risks and uncertainties. Among the important factors that could cause actual
results to differ from those indicated in the forward-looking statements are the
ability of the company to prepare a comprehensive and detailed response to
Nasdaq and EASDAQ within the time permitted by these authorities. The failure of
any of these factors could cause actual results to differ materially from the
forward-looking statements discussed above.
CONTACT:
Turbodyne Technologies Inc., Woodland Hills
Mark White, 800/350-2031 (investors)
Peter Kitzinski, 49-69-975-44-501 (Turbodyne Europe)
Peter Weichselbraun, 800/566-1130 (media)
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