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Exhibit 99.3
TURBODYNE POSTPONES ANNUAL SHAREHOLDERS MEETING
CARPINTERIA, CA - MAY 12, 2000 - Turbodyne Technologies Inc. (EASDAQ:TRBD)
announces that, because shares represented in person or by proxy at the annual
shareholders meeting scheduled for May 12, 2000 did not constitute a quorum, the
annual shareholders meeting has been postponed to Friday, May 26, 2000, at 1:30
PM at the Company's Headquarters, located at 6155 Carpinteria Avenue,
Carpinteria, California.
Turbodyne Technologies Inc., a California based high technology company,
specializes in the development of charging technology for internal combustion
engines plus the development and manufacturing of high-tech assemblies for
electrically assisted turbochargers and superchargers. Turbodyne Technologies
Inc.'s headquarters is located in Carpinteria, CA; the European business
location is Frankfurt, Germany. Additional information about the company is
available on the Internet at http://www.turbodyne.com.
Contacts:
Corporate Communications, Peter Weichselbraun (800) 566-1130
VP Group Finance - Investor Relations, Ken Fitzpatrick (800) 566-1130
European Investor Relations, Markus Kumbrink +49-69-975-44-665
