TIDMTPS 
 
RNS Number : 4010B 
Turbo Power Systems Inc 
27 October 2009 
 

 
 
Press ReleaseLondon, UK, 27 October 2009 
 
 
Exclusive Motor and Variable Frequency Drive Development & Manufacturing 
Agreement 
 
 
Turbo Power Systems Inc. ("TPS"), the electrical machines and power electronics 
company, is pleased to announce that it has signed an exclusive five year 
development and manufacturing agreement with McQuay International, the major 
international capital equipment manufacturer involved in the design and 
manufacturing rights agreement announced by TPS on the 9 and 14 January 2009. 
 
 
It is envisaged that multiple funded product developments will be completed 
under this agreement with the first commencing before the end of 2009. Following 
an initial development period which is expected to be between two to three 
years, the combined revenues associated with the manufacture and licensing of 
the various products could be in the region of US$10 million per annum if 
McQuay's sales expectations are fulfilled. 
 
 
McQuay International delivers engineered, flexible solutions for commercial, 
industrial and institutional Heating, Ventilation and Air Conditioning (HVAC) 
requirements with reliable products, applications expertise and responsive 
support. As part of Daikin Industries, a Fortune 1000 company, McQuay is the 
second largest air conditioning, heating, ventilating and refrigeration company 
in the world. 
 
 
Paul Summers, CEO of TPS, said: 
 
 
"I am delighted to have the opportunity to enter into this long term agreement 
with such a prestigious company as McQuay International. This represents a major 
commitment to TPS and demonstrates McQuay International's confidence in the 
benefits that our technology can bring to their business and customers in terms 
of energy efficiency, operating and through life costs." 
 
 
Under the five year agreement, McQuay International will exclusively source 
motors and variable frequency drives ("VFDs") for its future products from TPS 
and will have exclusive use of TPS technology in the HVAC market. TPS will have 
exclusive manufacturing rights for a period of five years once each product has 
been released for production. TPS will share the IPR related to the new and 
existing products developed for McQuay, and will undertake a technology transfer 
process to allow McQuay the option of supporting its products after the 
agreement has expired. 
 
 
The motors and VFDs provided by TPS will power the refrigeration compressors in 
the HVAC products to provide highly energy efficient and low maintenance 
solutions to McQuay's customers. 
 
 
 
 
 
 
About Turbo Power Systems 
 
 
Turbo Power Systems Inc. (TSX:TPS.TO AIM:TPS.L) is a leading UK based designer 
and manufacturer of innovative power solutions. The Group's products are based 
on its' core technologies of power electronics and high performance electric 
motors and generators targeted at the energy, industrial, transport and defence 
markets. 
 
 
For further information please contact: 
 
 
Turbo Power Systems 
Marketing Communications 
Alan Baird 
Tel: +44(0)208 564 4460 
Email: abaird@turbopowersystems.com 
www.turbopowersystems.com 
 
 
Kreab Gavin Anderson (PR)        Tel: +44 (0)20 7074 1800 
Ken Cronin 
Michael Turner 
 
 
KBC Peel Hunt Ltd (Nominated Adviser and Broker)Tel: +44 (0)20 7418 8900 
Daniel Harris 
Nicholas Marren 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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