11th May 2006 07:01
Turbo Genset Inc.11 May 2006 Thursday 11th May 2006 TURBO GENSET INC SECURES NEW RAIL ORDER FOR US $1.5 million Turbo Genset Inc. ("Turbo Genset"), the innovative power generation and powerconditioning systems provider, is pleased to announce that its Power Electronicsdivision has received an order for approximately $1.5 million to provide 40Auxiliary Power Converters for Bombardier Transportation (Canada). These units convert high voltage electricity taken from the track and providehigh quality ac power for use by on-board ancillary systems. The equipment will be supplied under an order received by Bombardier fromChangchun Railway Vehicles (CRC) as part of a contract awarded to CRC by theBeijing Dongzhimen Airport Express Rail Co. Ltd. for the supply of 40 ART MK IIcars for the Beijing Capital International Airport link. The 28-km airport link system will connect Dongzhimen Station to the BeijingCapital International Airport and feature Bombardier's Advanced Rapid Transit(ART) technology. The fleet will serve four different stations and passengerswill be able make connections to the 2008 Olympic village. Deliveries are scheduled to take place between 2007 and 2008 to coincide withthe 2008 Summer Olympics in Beijing. Commenting on this order, Michael Hunt Chief Executive Officer said: "We are very pleased to be able to support Bombardier on such a prestigiousproject, and are confident that this success will help us continue to build ourreputation in the international rail sector". For further information, please contact: Turbo Genset Inc UK Tel: +44 (0)20 8564 4460Michael Hunt - Chief Executive OfficerStephen Sadler - Chief Financial Officer Gavin Anderson (PR) Tel: +44 (0)20 7554 1400Ken Cronin Company Website: www.turbogenset.com NOTES TO EDITORS About Turbo Genset Turbo Genset designs and manufactures innovative power solutions which providelocal, high quality, controllable electrical power. The Group's products are allbased on its core technologies of power electronics and high speed electricalmachines. Bombardier Transportation Bombardier Transportation is the global leader in the rail equipmentmanufacturing and servicing industry. Its wide range of products includespassenger rail cars and complete rail transportation systems. It alsomanufactures locomotives, freight cars, propulsion & controls and providessignalling equipment and systems. 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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