Turbodyne Announces Appointment of New Director ----------------------------------------------- Carpinteria, California - November 9, 2001 - Turbodyne Technologies, Inc. [O.T.C: TRBD] announced today the addition of Mr. Manfred Hanno Janssen to the Company's Board of Directors. Mr. Janssen has been associated with Deutsche Bank A.G. for more than forty years and in the course of his career has served in all major departments of the bank. He is currently the Bank's Head/Director of Asset Management for institutional investors and significant private clients in the Northwest Region. Mr. Janssen stated that he was joining the Board of Turbodyne to use his professional experience and expertise to support the company in its restructuring efforts and to maximize shareholder value. This release contains forward-looking statements as defined in Section 21E of - -------------------------------------------------------------------------------- the Securities Exchange Act of 1934, including statements about future business - -------------------------------------------------------------------------------- operations, financial performance and market conditions. Such forward-looking - -------------------------------------------------------------------------------- statements involve risks and uncertainties inherent in business forecasts. - -------------------------------------------------------------------------------- Contact: Laura Ricci - (805) 684-4551