Contract Win (5465U)
December 23 2011 - 2:00AM
UK Regulatory
TIDMTPS
RNS Number : 5465U
Turbo Power Systems Inc
23 December 2011
23 December 2011
Turbo Power Systems Inc
("Turbo Power Systems" or "TPS" or "the Company)
Industrial Motor and Drive Contract Win
TPS, the innovative electrical machines and electronic systems
provider, announces that it has received a purchase order with a
total value of GBP1.33M for the development and supply of
Electrical Machines and Drives. The equipment is scheduled to be
delivered in early 2013.
Peter Brown, Chief Executive Officer of TPS, commented:
"The receipt of this order further demonstrates the growing
market confidence and wide ranging appeal of our electrical
machines technology. Along with the other orders announced this
year, this expands the range of applications that utilise our core
technology and gives us confidence that we can continue to grow the
business in 2012 and beyond."
About Turbo Power Systems
Turbo Power Systems Inc. (TSX:TPS.TU AIM:TPS.L) is a leading UK
based designer and manufacturer of innovate power solutions to a
global client base. 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 Inc. Tel: +44 (0)20 8564 4460
Peter Brown, CEO
FinnCap (NOMAD, broker and financial advisor) Tel: +44 (0)20
7600 1658
Marc Young / Henrik Persson
Kreab Gavin Anderson (Financial PR) Tel: +44 (0)7775 992 415
Michael Turner
This information is provided by RNS
The company news service from the London Stock Exchange
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