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LONDON, UNITED KINGDOM--(Marketwire - April 19, 2011) - TPS (TSX:TPS)(AIM:TPS), the innovative electrical machines and electronic systems provider, announces that further to its press releases of 25 October 2010, 23 February 2011 and 30 March 2011 its wholly owned UK subsidiary, Turbo Power Systems Limited, has today entered into a new amended loan agreement with TAO Sustainable Power Solutions (UK) Limited ("Tao") (the "Loan Agreement") under which it is now able to drawdown up to £5,300,000 to fund and facilitate the further growth of the business. |
