Torvec Completes Virtual Testing of Transmission
24 December 1999
Torvec Completes Virtual Testing of TransmissionInfinitely Variable Transmission Reduces Particulate Emissions; Research Supports FTV Will Meet New Emissions Standards ROCHESTER, N.Y., Dec. 23 -- Torvec, Inc. (OTC Bulletin Board: TOVC), developer of advanced and fuel-efficient automotive technologies and the Fast Tracked Vehicle, today announced it has finished CAD/CAM design evaluation on the Infinitely Variable Transmission, which significantly reduces pollution and will be used in commercial production of Torvec's FTV(TM). The Company's research shows that the IVT will meet the new emissions standards for light trucks announced by President Clinton on Tuesday. Keith Gleasman, President of Torvec, noted, "President Clinton said these new standards 'will be the most dramatic improvement in air quality since the catalytic converter was first introduced a quarter century ago.' We believe the same can be said for Torvec's truly infinitely variable transmission. A diesel engine using Torvec's transmission would not bellow clouds of polluting black smoke when the gears are shifted. The Torvec transmission is a clean transmission." Undesirable pollutants are emitted by diesel engines primarily when its speed is being changed significantly, such as during acceleration from gear to gear. However, when diesel engines run at steady-state speeds, as with Torvec's transmission, their emission levels are low. Further, diesel engines can show fuel economy which is 30% better than gas engines, and the manufacturing of diesel fuels results in less air pollution than the manufacturing of gasoline. Torvec's Infinitely Variable Transmission eliminates much of the pollution emitted by diesel engines. The IVT provides an uninterrupted drive through an infinite number of geared speed ratios, as opposed to the limited number of stepped gears in today's transmissions. This advance will allow the engine to run at a constant r.p.m., which improves the fuel efficiency of both diesel and gas engines. In contrast, today's transmissions normally require engines to accelerate to three, four or five times idling speed to accelerate between gears. Hardware testing of an earlier prototype, conducted by the Internal Combustion Engineering Department of Alfred State University, confirmed the practical operation of the IVT and its potential to reduce particulate emissions. Torvec has completed a wide-ranging and complete CAD/CAM computer evaluation for this transmission. Examples of the these evaluations include finite element analysis, fluid dynamics analysis and material compatibility analysis for "real world conditions" under temperatures ranging from minus 20 degrees Fahrenheit to 150 degrees. Torvec expects that its IVT will be less expensive to manufacture than a standard automatic transmission. The IVT has only half the number or parts founded in a standard automatic transmission, most of which have over 600 parts. Additionally, the IVT is smaller and lighter because it uses Torvec's lightweight and compact hydraulic pump and motor. The IVT requires no change to the manufacture or operation of today's diesel or gasoline engines. Additionally, Torvec's IVT can be sized to any vehicle, while the recently announced belt-drive continuously variable transmissions are limited in horsepower. CVT's do not eliminate the need for torque converters, but the IVT completely eliminates the need for this inefficient component. In total, Torvec's Infinitely Variable Transmission has the potential to demonstrate significantly lower particulate emissions and lower manufacturing costs than today's transmissions, does not require any significant change in how engines are manufactured or operated and has no limitations on the size vehicle it can power. Torvec, Inc., based in Rochester, New York, is a developer of highly advanced automotive technologies and the FTV. This press release and supplementary information contains forward-looking statements based on current expectations that are subject to risks and uncertainties, as outlined in the Company's 10-K statement. Torvec's financial results are filed at http://www.sec.gov. Additional information is available at http://www.torvec.com.