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Torvec's Registration Declared Effective

23 October 2000

Torvec's Registration Declared Effective
    ROCHESTER, N.Y., Oct. 23 Torvec, Inc.,
(OTC Bulletin Board: TOVC) announced that its Registration Statement on Form
SB-2 for 5,354,000 common shares was declared effective today by the
Securities and Exchange Commission.
    Five million of the common shares were registered in relation to Torvec's
$50 million equity funding agreement.  The Form SB-2 was initially filed with
the SEC on Thursday, October 19, 2000.  The effectiveness of this Registration
Statement ends the Company's so-called "quiet period" related to this filing.
    Torvec's Form SB-2 is available free of charge from the SEC's Edgar
Database at http://www.sec.gov.

    Torvec, Inc., based in Rochester, New York, is a developer of highly
advanced automotive technologies including the FTV tracked vehicle and the
patent protected Infinitely Variable Transmission, constant velocity joint
with spherical gearing, and lightweight hydraulic pump and motor assembly.
For more information visit http://www.torvec.com or contact Mr. Jim Gleasman
of Torvec at 716-248-8549.