Turbodyne Technologies Inc.'s (EASDAQ:TRBD) Chairman of the Board, Professor Dr. Peter Hofbauer, addressed the company's shareholders at the shareholder meeting, after the close of the official business, with the following speech: "Ladies and Gentlemen, Esteemed Shareholders! First of all, thank you for your continued support of Turbodyne and our corporate goals. At this point I also want to thank my colleagues on the Board, management and employees of Turbodyne for their work and dedication.