| Business Summary | | Turbodyne
Technologies,
Inc.
engineers,
develops,
manufactures
and
markets
products
designed
to
enhance
performance
and
reduce
emissions
of
internal
combustion
engines.
The
Company
has
developed
a
patented
technology
designed
to
optimize
air
flow
to
internal
combustion
engines
resulting
in
efficient
fuel
combustion
in
both
diesel
and
gasoline
engines.
The
Company
has
incorporated
its
technology
into
two
primary
products:
the
Turbopac
and
the
Dynacharger.
Although
the
Company
has
not
received
any
new
orders
since
June
2000,
six
automobile
manufacturers
have
purchased
prototypes
of
the
Dynacharger
for
testing. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Turbodyne
manufactures
aluminum
cast
automotive
products,
including
engine
components
and
specialty
wheels,
and
develops
products
to
enhance
performance
and
reduce
emissions
of
internal
combustion
engines.
For
the
three
months
ended
3/31/01,
sales
fell
96%
to
$10
thousand.
Net
loss
fell
35%
to
$1.4
million.
Revenues
reflect
the
absence
of
sales
of
Turbopacs.
Net
loss
was
offset
by
Honeywell's
increased
participation
in
the
development
cost
of
the
Dynacharger
product
line. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Mugurdich Balabanian, 60 Chairman | -- | Kenneth Fitzpatrick, 60 Pres,
CEO | $120K | Joseph Castano, 40 CFO,
Sec. | 150K | Duane Rosenheim, 68 COO | 137K | Peter Kitzinski, 33 VP
Corp. Fin. Europe of Turbodyne Technologies Inc., Director | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|