Turbodyne Technologies (TRBD)

Turbodyne Technologies, Inc. was incorporated under the laws of British Columbia, Canada in 1983. It reincorporated under the laws of the State of Delaware in 1998. The Company reincorporated under the laws of the State of Nevada in August 2002. The Company is an engineering Company and has been engaged, for over ten years, in the design and development of forced-air induction (air-charging) technologies that improve the performance of gas and diesel internal combustion engines. Its market opportunity is to take advantage of these market conditions and become a design and engineering company that undertakes the development of the core technology for the automotive industry that would eliminate turbolag in turbocharged engines, increase power and performance, reduce the pollution of non-turbocharged engines, and facilitate the successful downsizing of internal combustion engines and the use of hybrid engines. Its general business strategy is to develop products incorporating its technology. The business environment in which the Company operates is very competitive. In the United States, emissions standards for diesel and gasoline engines are imposed by the Environmental Protection Agency (EPA) and other regulatory agencies, including the California Air Resources Board.