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Torvec's Unique Track-Based Suspension Awarded Sweeping US Patent

31 October 2000

Torvec's Unique Track-Based Suspension Awarded Sweeping US Patent
    ROCHESTER, N.Y., Oct. 30 Torvec, Inc.,
(OTC Bulletin Board: TOVC) announced that the Company was awarded US patent
6,135,220 for its modular track suspension system, which is the mechanical
core of Torvec's revolutionary Fast Tracked Vehicle.
    The patent's abstract describes the undercarriage as "A modular suspension
system which is readily adapted for attachment to any presently manufactured
full-size automotive vehicle built with a load carrying frame, being easily
substituted for the vehicle's convention wheeled under-carriage either during
or following final assembly."
    A photo gallery of the suspension system and a video of the FTV(TM) can be
viewed at http://www.torvec.com.
    The patent covers 13 claims of individual technology advances.  Protection
for such a large number of claims strengthens and broadens a patent's
protection.
    Keith Gleasman, President of Torvec, said, "The revolutionary tracked
suspension system and steering mechanisms are the heart and soul of our Fast
Tracked Vehicle.  The Torvec undercarriage is modular, so we can inexpensively
bolt it onto a truck frame.  This feature keeps manufacturing costs very low,
in turn allowing us to price the FTV very competitively with four-wheel drive
trucks.
    "Securing patent protection is one of the ways we build and protect
shareholder value.  We've been moving forward on many other fronts.
    "First, we have confidentiality agreements with almost two dozen major
automotive companies, and we are discreetly working with them to commercialize
the FTV, our infinitely variable transmission, pump and motor assembly and
constant velocity joints.  All the while we remain debt-free and financially
conservative.
    "Second, the prototype transmission we're building for EPA testing is
proceeding on plan.  We're going to make it more powerful, with forty percent
more torque, to power the newer generation of Nissan trucks.
    "Third, we gained access to over fifty million dollars in equity capital
while remaining debt-free and financially conservative."