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AGM Statement

8th Jun 2006 12:00

Turbo Genset Inc. 08 June 2006 Thursday 8th June 2006 Turbo Genset Inc AGM Statement Turbo Genset Inc, the innovative power generation and power conditioning equipment provider, today announces that all resolutions were passed at the Annual General meeting held in London. This included approval of the change of the name of the company to Turbo Power Systems Inc. Dealings in the Company's shares in Toronto and London under the new name are expected to commence within the next month, once the name change has taken effect. Further announcements will be made at that time. Commenting on the name change Colin Besant, Chairman said 'From its inception, the inherent value in the Company has been in its innovative high speed generator and motor technology which combined with our leading edge power electronics skills and our new management team, has meant we are now able to provide products to a widening range of Industrial, Aerospace, Rail, Automotive, and Distributed and Renewable Energy equipment manufacturers. Our name change reflects this and indicates our future direction.' For further information, please contact: Turbo Power Systems Tel: +44 (0)20 8564 4460 Michael Hunt Chief Executive Stephen Sadler Chief Financial Officer Gavin Anderson (PR) Ken Cronin/Michael Turner Tel: +44 (0)20 7554 1400 Company Website: www.turbogenset.com This information is provided by RNS The company news service from the London Stock Exchange

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