Torvec Plans for FTV(TM) Launch

ROCHESTER, N.Y., Feb. 6, 2004 -- Torvec, Inc. (BULLETIN BOARD: TOVC.OB) has engaged CXO on the GO, a Rochester-based management consulting firm, to develop and implement a strategic plan to manufacture and market Torvec's Full Terrain Vehicle (FTV(TM)), a tracked vehicle incorporating much of Torvec's proprietary and patented automotive technology.

Commenting on the alliance between the two companies, Torvec Chairman Eric Steenburgh remarked, "We are pleased to have found a firm with the senior management experience that CXO possesses. It is critical that we put into place the executive resources necessary to plan and execute the launch of the FTV(TM)."

Philip Fain, Managing Partner of CXO on the GO, added, "Our firm is delighted to be aligned with an innovative and pioneering company in which so much breakthrough technology resides. We feel our management depth and cross-functional expertise lend themselves very well to this ambitious project."

CXO on the GO is a management consulting firm offering an integrated approach to business improvement for small to mid-size businesses. The firm's partners collectively have over 200 years of executive experience and deliver to their clients increased cash flow and shareholder value. For additional information please visit www.cxoonthego.com.

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.

This news release contains forward-looking statements that are based on current expectations, estimates and projections about the company and its plans for future operation as well as management's beliefs and assumptions. 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 performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. The company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.