Torvec Delivers FTV to U.S. Air Force
October 07 2008 - 9:00AM
Marketwired
Torvec (OTCBB: TOVC) announced today that the U.S. Air Force has
purchased and took delivery of a preproduction model of Torvec's
full terrain vehicle (FTV?) to be used as the platform for the Air
Force's new Advanced Combat Firefighting Vehicle (ACFV). Delivery
of the FTV, six months ahead of schedule, represents the first step
in the Air Force-Torvec partnership's efforts to create a combat
firefighting tracked vehicle capable of unprecedented speed,
maneuverability and diverse applications for use in the most
extreme and inhospitable terrain.
The Air Force intends to maximize the FTV's combat firefighting
capabilities, including its robotic and autonomous potential, at
its Robotic Firefighting Technologies Research Center at Tyndale
Air Force Base, Panama City, Florida. In addition, the Air Force
will provide engineering and fabrication support in developing the
firefighting payload in accordance with Air Force
specifications.
The Air Force also intends to demonstrate the vehicle within
other agencies of the Department of Defense, the Department of
Homeland Security (Science and Technology Division), the Department
of the Interior (Forestry and U.S. Park Service), federal emergency
agencies such as FEMA as well as federal and state governmental
agencies involved in securing U.S. borders. Demonstrations are also
planned with civilian emergency response communities, such as the
Firefighters Association of California.
The basis for the Air Force's decision is its conclusion that
Torvec's FTV is the most advanced tracked vehicle in the world
today and the only tracked vehicle capable of meeting the Advanced
Combat Firefighting Vehicle's specifications: a vehicle that is
able to reach speeds of 45-60 mph, operate on a fully suspended
tracked system, carry a load of no less than 3,000 pounds and turn
on its axis on dry payment.
Participation in the Air Force's ACFV program provides Torvec
with an entr� to numerous departments and agencies of the federal
government, including the U.S. military. It also will provide
Torvec with a potentially vast consumer market involving more than
30,000 firefighting departments in the U.S. as well as numerous
firefighting units worldwide.
About Torvec, Inc.
Torvec, Inc., based in Rochester, New York, develops advanced
automotive technologies that increase transportation safety,
mobility, fuel efficiency and reduce soot emissions. Torvec owns
the technology for an Infinitely Variable Transmission that
increases fuel efficiency at the same time that it reduces soot
emissions, a Full Terrain Vehicle (FTV) that can travel over the
most inhospitable terrain as well as on the most modern highways,
an IsoTorque? Differential that increases vehicle handling and
enhances highway safety and the most advanced Constant Velocity
Joint technology in existence today. Torvec's founders invented the
famous Torsen� Differential used today in high-performance vehicles
and the military version of the Humvee.
To learn more about Torvec's many advanced technologies,
including real-time CEO Updates and videos, visit
www.Torvec.com.
This news release contains forward-looking statements that are
based on current expectations, estimates and projections about the
company and its plans for future operation, as well as management's
beliefs and assumptions. Words such as "expects," "anticipates,"
intends," "plans," "believes," "seeks," "estimates," and variations
of such words and similar expressions are intended to identify such
forward-looking statements. These statements are not guarantees of
future performance and involve certain risks, uncertainties and
assumptions that are difficult to predict. Therefore, actual
outcomes and results may differ materially from what is expressed
or forecasted in such forward-looking statements. The company
undertakes no obligation to update publicly any forward-looking
statements, whether as a result of new information, future events
or otherwise.
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Contact: Andrew Gleasman 585-254-1100
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