Torvec to Market Its Technologies

ROCHESTER, N.Y., Oct. 6, 2003 -- Torvec, Inc. announced today that it has engaged the boutique investment banking firm of Billow Butler & Company, LLC of Chicago, to launch a marketing effort with the aim of selling certain, and possibly all, of Torvec's automotive technologies.

Eric Steenburgh, chief executive officer, stated, "We are excited that we have attracted this highly successful group of professionals to market our technologies - the Iso-Torque, the transmission, the constant velocity joint, hydraulic pump and motor, and possibly the entire company."

James Gleasman, director, stated, "We have long-known that there would come a time when we felt we would need the professional services of a top quality firm to negotiate with the automotive industry on our behalf. While we cannot be certain of any outcome, we are pleased to take this next very significant step."

Torvec, Inc. specializes in automotive and related technology. The company holds numerous U.S. and international patents protecting inventions such as a steering drive and suspension system for tracked vehicles, infinitely-variable transmission, hydraulic pump and motor, constant velocity joint, and spherical gearing. Ice Surface Development, Inc. is advancing technologies to improve driving experiences for industrial, commercial, and consumer vehicles by eliminating the hassle of ice removal and loss of traction. For additional information and presentations, please visit www.torvec.com and www.icesurfacedev.com.