SOURCE: Turbo Power Systems Inc

July 03, 2012 10:53 ET

Turbo Power Systems Inc Announces Board Changes

WHITEHORSE, CANADA--(Marketwire - Jul 3, 2012) -

3 July 2012

                        Turbo Power Systems Inc.
                        ("TPS" or the "Company")

                             Board Changes

TPS, the innovative electrical machines and electronic systems
provider, announces that Mr James Pessoa, Chairman of the Board of
Directors of the Company ("Board"), has resigned from his role with
immediate effect, after having resigned from his position with Vale
Solucoes emEnergia, the parent company of TAO Sustainable Power
Solutions (UK) Limited, the Company's majority shareholder.

Rodrigo Braga, currently a non-executive director of the Company, has
agreed to act as Chairman of the Board on an interim basis.

The Board intends to appoint a replacement director and further
announcements will be made in due course.

For further information, please contact:

Turbo Power Systems Inc.
Tel: +44 (0)20 8564 4460

Carlos Neves

Tel: +44 (0)20 7220 0500

Marc Young/ Henrik Persson

Kreab Gavin Anderson (PR)
Tel: +44 (0)20 7074 1800

Robert Speed/Georgia Lewis

                    This information is provided by RNS
          The company news service from the London Stock Exchange


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