EXHIBIT 99.1 ------------Exhibit 99 • July 1st, 1997 • Turbodyne Technolgies Inc • Motor vehicle parts & accessories
Turbodyne Technologies Inc. ("Turbodyne") acquired Pacific Baja Light Metals Holding Inc. ("Baja") pursuant to an agreement (the "Agreement") with Baja and Baja's principal shareholders dated March 15, 1996, as amended on July 15, 1996. Under the terms of the Agreement, Baja merged with Turbodyne's wholly-owned subsidiary, Pacific Baja Acquisition Corp., to form Pacific Baja Light Metals Corp, with the result that Pacific Baja Light Metals Corp. is now a wholly-owned subsidiary of Turbodyne. Turbodyne will include the financial results of Baja on a consolidated basis effective July 2, 1996 in its financial statements for the year ended December 31, 1996.
EXHIBIT 99.1Introductory Note • March 1st, 2002 • Baan Co N V • Services-prepackaged software
This Exhibit to the Form 12b-25 contains forward-looking statements that are based on current expectations, estimates and projections, management's beliefs and assumptions made by management. Words such as "expects", "anticipates", "intends", "plans", "believes", "seeks", "estimates", variations of such words, and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performances and involve risks and uncertainties which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. We undertake no obligation to update publicly any forward-looking statements in this Exhibit to the Form 12b-25.
