RIT President Appointed to Torvec Board of Directors
September 14 2009 - 8:30AM
Marketwired
Torvec, Inc. (OTCBB: TOVC) announced today that Dr. William W.
Destler, President of Rochester Institute of Technology, will
become a director of Torvec, Inc., effective September 15, 2009.
Previously, on July 31, 2009, RIT and Torvec signed a Memorandum
of Understanding to create the Safety and Efficiency in Automobiles
Laboratory ("SEAL") on the Institute's campus with the goal to
establish it as a leader in the technological and manufacturing
applications of advanced automotive and related energy
technologies, including the creation of increased employment
opportunities in automotive and related energy industries. Dr.
Destler's appointment to Torvec's board is both a natural outgrowth
of these collaborative efforts as well as recognition of Dr.
Destler's belief that Torvec has the "potential to revolutionize
the automotive industry."
William W. Destler became President of RIT on July 1, 2007. At
RIT, Dr. Destler is responsible for one of the nation's leading
career-oriented universities with 16,450 students from all 50
states and more than 100 foreign countries, 2,800 faculty and
staff, an annual operating budget of more than $492 million, and an
endowment of more than $600 million. RIT has one of the oldest and
largest cooperative education programs in the country.
Dr. Destler serves on the American Council on Education's
Commission on Effective Leadership and is a board member of the
National Institute of Aerospace Foundation. He is a member of the
board of New York's Commission on Independent Colleges and
Universities and serves on a number of Rochester-community boards
-- Rochester General Health System, Greater Rochester Enterprise,
Rochester Business Alliance, Golisano Family Foundation and High
Tech of Rochester.
A complete biography highlighting many of Dr. Destler's numerous
accomplishments can be found at
www.rit.edu/president/biography.html
"One of my goals as president of RIT is to find ways to assist
in the economic development of the Rochester region," says Destler.
"I am therefore pleased to have been asked to join the Torvec Board
of Directors, and I am looking forward to helping build Torvec as
an important technology-based company with the potential to bring
back significant numbers of manufacturing jobs to the area."
Torvec chief executive officer, James Gleasman, commented: "Dr.
Destler's credentials in the field of higher education, both at the
University of Maryland and now at RIT speak volumes. Equally
impressive is his doctorate in applied physics, his international
reputation in the field of microwave technology and his expertise
as a consultant to both industry and government. It is indeed an
honor to have Dr. Destler as a member of Torvec's board."
RIT is a nationally respected leader in professional and
career-oriented education, with eight colleges offering more than
ninety different bachelor degree programs, including specific
programs focused on technological applications that enhance
efficiencies in manufacturing, improve product quality, streamline
processes and protect the environment. Since 1912, RIT has been a
leader in cooperative education whereby students enhance their
formal education by active involvement with business and
industry.
Torvec is a publically traded company that develops advanced
automotive and related energy technologies that increase
transportation safety, mobility, fuel efficiency and reduce
pollutants. Torvec's chief products and intellectual property
include its Full Terrain Vehicle (FTV®), infinitely variable
transmission, IsoTorque® differential, constant velocity joint,
hydraulic pump and motor and hydrogen powered steam turbine.
Contact: Keith Gleasman CTO 585-254-1100
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