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New Transmission that Reduces Soot from Diesel Trucks Gets Boost from Investment in Torvec

23 June 2000

New Transmission that Reduces Soot from Diesel Trucks Gets Boost from Investment in Torvec

    ROCHESTER, N.Y. - Torvec, Inc. announced that it allocated $500,000 in new 
funds towards completing pre-production prototypes of a transmission that
significantly reduces diesel soot emissions and fuel consumption in heavy-duty
trucks.  When production is completed, Torvec will send a diesel truck with
the new transmission to the Environmental Protection Agency for emissions and
fuel testing.

    Keith Gleasman, President of Torvec, said, "We expect diesel trucks with
our transmission will meet the EPA's aggressive and healthy goals for lower
soot emissions.  Commercial quantities of the Torvec transmission could be
produced quickly and inexpensively because it has about 300 parts, compared to
600 in today's transmissions.  It also weighs less, which further reduces
manufacturing costs."

    Torvec was founded by the same team that invented and commercialized the
Torsen differential, which improves the handling of high-performance vehicles
made by General Motors, Toyota, Audi, Porsche, Hummer, Mazda and Volkswagen
and in Formula 1 and Indy race cars.  A private investor who purchased
100,000 common shares from Torvec at $5.00 per share provided the investment
announced today.

    Torvec believes its transmission will reduce trucks' diesel emissions to a
level that meets or beats the EPA's proposed goals for soot of 0.01 grams per
brake-horsepower-hour by 2007.  This is a 90% reduction from current standards
of 0.1 grams per bhp-hr.

    With Torvec's transmission there is no gear shifting and no clouds of
soot.  Engines run at a steady speed, their "sweet spot" for fuel efficiency.
This is the basis for Torvec's patented infinitely variable transmission,
which the Company believes is the only one with enough torque for heavy
trucks.

    Earlier designs of Torvec's transmission were lab tested at Alfred State
University.  The current design has been tested using CAD/CAM simulations.
Forward-looking statements made in this announcement are based on current
expectations, which are subject to the risks and uncertainties outlined in
Torvec's 10-KSB dtd. 12/31/99 and in the 2000 proxy statement and also include
Torvec's ability to successfully produce and commercialize its transmission
and results of EPA testing.