Turbo Power Systems Inc.: Appointment of Non Executive Director

• Press Release
• Source: Turbo Power Systems Inc.
• On 2:00 am EDT, Thursday August 27, 2009

LONDON, UNITED KINGDOM--(Marketwire - Aug. 27, 2009) - The Board of Turbo Power Systems (TSX:TPS - News; AIM:TPS) ('TPS' or 'the Company'), the innovative power generation and conditioning equipment supplier, is pleased to announce that Mr Richard ('Ric') John Piper has agreed to join the Board as a Non-Executive Director, with immediate effect.

Mr Piper, aged 57, qualified as a chartered accountant in 1977. He was appointed Finance Director of Logica (UK) in 1990 and was Group Finance Director of WS Atkins from 1993 to 2002. Since 2003 he has been Chairman or Non Executive Director for several AIM and privately owned businesses. Mr Piper has been a partner with Restoration Partners Limited, which advises technology businesses since 2006.

Mr Piper is an Audit Committee member of the Science and Technologies Facilities Council (and its predecessor, the Particle Physics & Astronomy Research Council), and is a member of the Financial Reporting Review Panel. Currently Ric holds the post of Chairman of HLBBshaw Group plc, Patent Attorneys, is a Non-Executive Director with Matchtech Group plc, an AIM listed technical and professional recruitment company, and is a Director and Trustee of the charity Off The Streets & Into Work.

Commenting on the appointment, Dr Graham Thornton, Chairman said: "We are delighted to welcome Ric onto the Board. His experience further strengthens the Board and will be of considerable value to the Company".

In accordance with Schedule 2(g) of the AIM Rules, the following further information in relation to the appointment of Mr Piper is disclosed:

Current directorships and partnerships:

HLBBshaw Group plc
HLBBshaw (Trustee) Limited
Matchtech Group plc
Off The Streets & Into Work (Charity)
Restoration Partners Limited

Previous directorships and partnerships held in the past five years:

Airbase Interiors Limited
Cornwell Management Consultants plc
Euphony Holdings Limited
Granby Oil & Gas plc
In2grate plc
Airbase Interiors Limited
SGL Vietnam Development Limited
SubSea Resources plc
Synstar plc
Xploite plc

Mr Piper was Chairman and a Director of SubSea Resources plc from 21 December 2006 until 11 April 2008 when the company was placed into administration and subsequent creditors voluntary liquidation on 2 April 2009.

There are no other matters which are required to be announced as required under Schedule 2(g) of the AIM Rules.

Richard Bayliss
Turbo Power Systems Inc.
+44 (0)20 8564 4460

Ken Cronin
Kreab Gavin Anderson (PR)
+44 (0)20 7074 1800

Michael Turner
Kreab Gavin Anderson (PR)
+44 (0)20 7074 1800

Daniel Harris
KBC Peel Hunt Ltd.
Nominated Advisor and Broker
+44 (0)20 7418 8900

Nicholas Marren
KBC Peel Hunt Ltd.
Nominated Advisor and Broker
+44 (0)20 7418 8900