UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

 

Date of Report (Date of Earliest Event Reported):

 

February 2, 2015 

 

 

Torvec, Inc.



 (Exact name of registrant as specified in its charter) 

     

New York

000-24455

16-1509512

_____________________
(State or other jurisdiction

_____________
(Commission

______________
(I.R.S. Employer

of incorporation)

File Number)

Identification No.)

     

 

1999 Mt. Read Blvd, Bldg. 3, Rochester,

New York

 

 

 

14615

_________________________________
(Address of principal executive offices)

 

___________
(Zip Code)

 

Registrant’s telephone number, including area code:

 

585-254-1100

 

 

Not Applicable
______________________________________________
(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: 

 

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 
 

 

 

Item 8.01 Other Events

 

On February 2, 2015, the Company issued a press release announcing that it has appointed Matthew J. Kenyon to head up the development of Torvec’s new WAM Watch™ technology. Mr. Kenyon’s expertise is in Electrical and Computer Engineering with concentration in Signal Processing and Pattern Recognition.

 

A copy of this press release has been filed with this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference.

 

 

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number / Description

99.1     Press Release dated February 2, 2015

 

 

Forward-Looking Statements

 

The statements contained in this report that are not purely historical are forward-looking statements. Forward-looking statements deal with the Company’s current plans, intentions, beliefs and expectations. Investors are cautioned that all forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Many of these risks and uncertainties are discussed in the company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013 filed with the Securities and Exchange Commission (the “SEC”), and in any subsequent reports filed with the SEC, all of which are available at the SEC’s website at www.sec.gov. All forward-looking statements speak only as of the date of this report and the Company undertakes no obligation to update such forward-looking statements.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

   

Torvec, Inc.

         

February 2, 2015 

 

By:

 

/s/ Robert W. Fishback 

       

Robert W. Fishback

       

Chief Financial Officer and Principal Accounting Officer

 

 

 

 

Exhibit Index

 

 

Exhibit No. 

Description 

 

 

99.1 

Press Release dated February 2, 2015 

 

 

4



Exhibit 99.1

 

 

Torvec, Inc. Announces New Director of Electronic Products Development

  

 

ROCHESTER, N.Y., February 2, 2015 (GLOBE NEWSWIRE) -- Richard A. Kaplan, Chief Executive Officer of Torvec, Inc. (OTCQB – TOVC), and Joseph P. McMahon VP of Engineering, announce the appointment of Matthew J. Kenyon to head up the development of Torvec’s new WAM Watch™ technology. Mr. Kenyon’s expertise is in Electrical and Computer Engineering with concentration in Signal Processing and Pattern Recognition. He holds Bachelors and Masters Degrees from Rochester Institute of Technology. His previous positions include Lead Engineer of New Product Development at BlackBox Biometrics where he led the development of the Linx IAS (winner of multiple awards at last month’s Consumer Electronics Show in Las Vegas) and Electrical Engineer at Harris RF Communications in the Advanced Development Group.

 

Mr. McMahon commented that, “Matt’s experience and expertise line up perfectly with our new product development needs. His addition to our team will certainly accelerate the process of getting an innovative and superior product to market.”

 

Mr. Kaplan stated, “We are all thrilled about the addition of Matt Kenyon. Of all the candidates we found in our search he was really the perfect fit. As our Director of Electronic Products Development, Torvec will be in good hands for our future in the Wearable Technology and Safety fields. “

 

Mr. Kenyon added, “I’m very excited to be involved with this new opportunity. A driving factor in my decision to join Torvec is that I feel the growth potential of these unique, cutting edge technologies is extraordinary. I also feel they will make for a safer world. I look forward to the challenge of bringing these important products to market.”

 

 

Forward-Looking Statements

 

This news release may contain forward looking statements regarding Torvec's future economic performance and prospects that are subject to risks and uncertainties. These risks and uncertainties could cause actual results to differ from those described in such statements. Such risks and uncertainties include those described from time to time in Torvec's SEC reports, including its most recent Annual Report on Form 10-K.

 

 

About Torvec, Inc.

 

Torvec, Inc. develops and markets advanced technologies in the areas of power and safety.  The Company currently is focusing its commercialization strategies on the following technologies: (i) a wearable device, currently named the WAM Watch™ (Warning Alertness Metrics), which measures degradation of alertness, and (ii) the Torvec Hydraulic Pump. The WAM Watch consists of hardware and software that measures multiple metrics in order to establish that a person’s ability to perform a task or job appears to be degrading. The Torvec Hydraulic Pump is an innovative hydraulic design, whose goal is to deliver better efficiencies in a package that is smaller and lighter than existing technologies. For additional information, please visit www.torvec.com.

 

 

Contact Information:

Robert W. Fishback

bfishback@torvec.com

(585) 254-1100 x310

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