7th Oct 2005 07:00
Turbo Genset Inc.07 October 2005 TURBO GENSET WINS NEW TRAIN AIR CONDITIONING CONTRACT London, October 7th 2005, Turbo Genset Inc. ("Turbo Genset"), the innovativepower generation and power conditioning equipment provider announced today thatthey have been selected by Trans Elektro B.V. to provide 6kVA Power Convertersfor installation as part of air conditioning systems to be supplied to Nedtrain,the Dutch rail operator. These converters take high voltage electricity from thetrack to provide a high quality AC supply to power Trans Elektro's airconditioning units. The contract value is of the order of £0.5 million, to bedelivered in 2006. This is Turbo Genset's second success in the train air conditioning market. InOctober 2003, the Company announced a £1.9 million order to provide 150 6kVAPower Converters for installation on the London Underground D class rollingstock, specifically for District Line driver cabs. Commenting on this order, Michael Hunt, Chief Executive Officer, said:"The requirement for air conditioning in Europe's trains is increasinglybecoming a necessity, one which we are well placed to service""This is our first order for mainland Europe in this market underlining theincreasingly global nature of our business" Trans Elektro B.V. was established in the Netherlands in 1985 and is amanufacturer and importer of industrial air conditioning components and systemsthat are used for industrial markets including railways, cranebuilding, specialmachines, shipping and military. Trans Elektro already has over 1,000 air conditioning systems operating intrains, metros and trams throughout Europe including the Netherlands, Belgium,Austria and Finland. NedTrain is part of Nederlandse Spoorwegen, headquartered in Utrecht, with 38overhauling, maintenance and service businesses active throughout theNetherlands. NS transports a million passengers a day in the Netherlands in 5,000 trains on2,800 km of railway track. In Great Britain, NS subsidiary NedRailways, togetherwith its partner Serco, is responsible for transport around Liverpool(Merseyrail) and in the north of England (Northern Rail): a total of 270,000passengers a day passing through 500 stations. For further information, please contact: Gavin Anderson & Company (PR) Tel: +44 (0)20 7554 1400Ken Cronin/Michael Turner Turbo Genset Inc Tel: +44 (0)20 8564 4460Stephen Sadler, Chief Financial Officer Turbo Genset Inc Canada Tel: +1 (905) 690 1722Richard Kapuscinski, Business Development Website: www.turbogenset.com Forward Looking statements This news release contains forward-looking statements. Forward-lookingstatements include statements concerning plans, objectives, goals, strategies,future events, or performance, and underlying assumptions and other statementsthat are other than statement of historical fact. These statements are subjectto uncertainties and risks including, but not limited to, the ability to meetongoing capital needs, product and service demand and acceptance, changes intechnology, economic conditions, the impact of competition, the need to protectproprietary rights to technology, government regulation, and other risks definedin this document and in statements filed from time to time with the applicablesecurities regulatory authorities. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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