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Class Action Against Turbodyne Technologies

25 January 1999

Weiss & Yourman Announces Class Action Against Turbodyne Technologies on Behalf of Shareholders

    LOS ANGELES, Jan. 25 -- Weiss & Yourman has filed a class
action lawsuit on behalf of purchasers of Turbodyne Technologies, Inc.
securities between March 1, 1997 and January 22, 1999 for
violations of federal securities laws.  Defendants include Turbodyne and
certain of its officers and directors.  Turbodyne designs, develops,
manufactures and markets proprietary products that enhance performance and
reduce emissions of internal combustion engines and manufacture aluminum cast
automotive products, including engine components and aftermarket specialty
wheels.
    The Complaint charges that defendants violated Sections 10(b) and 20(a) of
the Securities Exchange Act of 1934 and Rule 10-b(5) by, among other things:
issuing false misleading statements regarding Turbodyne's financial condition
as well as its present and future business prospects.  Defendants did not
disclose, among other things that Turbodyne (1) did not possess any patents on
any radically new technology in emissions reduction or increased power output;
(2) had virtually no actual sales of products; (3) did not receive a
designation from the United Nations Flag Technology Program; (4) was not
endorsed by the United Nations Development Programme; and (5) had purchased
its single product, a purportedly revolutionary supercharger, for only
$500,000 worth of Canadian penny stock.  Because of the false and misleading
statements, the members of the class purchased Turbodyne stock at artificially
inflated prices.
    Plaintiff seeks to recover damages on behalf of class members and is
represented by the law firm of Weiss & Yourman who has significant experience
and expertise in prosecuting class actions on behalf of investors and
shareholders.
    If you are a member of the class described above, you may, no later than
March 2, 1999, move the Court to serve as lead plaintiff, if you so choose.
In order to serve as lead plaintiff, however, you must meet certain legal
requirements.
    If you wish to discuss this action, or have any questions concerning this
notice, or your rights or interests with respect to this matter, please
contact plaintiff's counsel.

    Contact:
    Behram V. Parekh
    Weiss & Yourman
    800-437-7918
    E-mail: wyinfo@wyca.com
    Internet: http://www.wyca.com