John Heinricy, Retired GM Performance Division Executive, Joins Torvec Board
November 04 2010 - 10:01AM
Marketwired
Richard A. Kaplan, Chief Executive Officer of Torvec, Inc. (OTCBB:
TOVC), announced today that John Heinricy was elected to the
Company's board of directors, effective November 3, 2010.
In making the announcement, Mr. Kaplan stated:
"I do not think it is an overstatement to say that Mr. Heinricy
is one of the most respected automotive performance engineers in
the world today. As stated by Sam Abuelsamdi, a leading automotive
writer, 'Over the past two decades, John Heinricy has probably done
more to enhance the performance image of General Motors than any
other single individual.' We are proud and excited that he has
agreed to join our board. His value is obvious and I am sure he
will be able to guide us in prioritizing and productizing our
technology."
Mr. Heinricy commented:
"I'm really excited about joining the Torvec board. Torvec's
technologies present great opportunities. I have experienced, first
hand, the benefits of the IsoTorque technology during this past
racing season with tremendous results. Richard Kaplan is assembling
a management team that will help provide Torvec with prospects for
a great future."
As Director of High Performance Vehicle Operations, General
Motors Performance Division until 2008, Mr. Heinricy was
responsible for the planning, development, testing and execution of
all the performance versions of GM vehicles, from the Cobalt SS to
the Cadillac CTS-V. John is also a legendary race-car driver,
capturing 11 SCCA national titles. This past summer, he won six out
of six SCCA races, driving a C-5 Corvette equipped with Torvec's
IsoTorque® differential.
Mr. Heinricy began his career at General Motors in 1970. Early
in his career he was assigned to the Milford Proving Grounds where
he became immersed in the development and testing of GM vehicles.
Mr. Heinricy became Vehicle Development Manager for the Corvette
platform in 1983 and in 1993, he became assistant Chief Engineer
for the Corvette. In 1997, he became Chief Engineer for the Camaro
and Firebird and was appointed Director of Vehicle Dynamics for GM
cars and trucks in 2001. Later that same year, he became the
Director of High Performance Vehicle Operations in GM's Performance
Division, retiring from GM in 2008.
Mr. Heinricy has raced Corvettes, Camaros, and Pontiac Firebirds
professionally since 1984, driving in over 240 professional races,
including thirty-five 24-hour races, has won 4 Professional Driver
Championships, 11 SCCA National Championships, has set 3 FIA world
speed records and was the 2001 President's Cup recipient.
Through his company, Heinrocket Inc., Mr. Heinricy today is an
international automotive consultant, specializing in vehicle
testing and development, engineered solutions, high performance
driver training, race car development and motivational
speaking.
This news release contains 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. is a publicly traded company that develops advanced
automotive and related energy saving technologies that increase
transportation safety, mobility, fuel efficiency and reduce
pollutants. Torvec's chief technologies and intellectual property
include its IsoTorque® differential, hydraulic pump and motor,
infinitely variable transmission and Full Terrain Vehicle (FTV®).
For additional information, please visit www.torvec.com.
Contact: Keith Gleasman 585-254-1100
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