Press Releases

NuVinci® CVP Drivetrains Now In Production on New Assembly Line

– Fallbrook Technologies Inc. completes manufacturing changeover under agreement with MTD Products Inc.; orders now being filled –

((San Diego, Calif., June 2, 2008) – Fallbrook Technologies Inc. (Fallbrook), a pioneering technology company dedicated to improving the performance and flexibility of transmissions for bicycles, light electric vehicles (LEVs) and other devices, announced today that the new assembly line for its NuVinci continuously variable planetary (CVP) transmission has begun production. (Full Text)

Fallbrook Technologies Selects MTD Products Inc As Its New Manufacturing Partner

– Experienced global manufacturer to produce NuVinci® CVP drivetrains; transition begins March 17, 2008 –

(San Diego, Calif.,  March 12, 2008) –Fallbrook Technologies Inc. (Fallbrook), a pioneering technology company dedicated to improving the performance and flexibility of transmissions for bicycles, light electric vehicles (LEVs) and other devices, announced today that it has entered into an agreement with MTD Products Inc (MTD).  MTD will manufacture Fallbrook’s NuVinci continuously variable planetary (CVP) drivetrain for the bicycle and LEV markets.  The initial agreement is for five years.(Full Text)

Fallbrook Technologies to Manufacture Its NuVinciŽ Continuously Variable Transmissions

–Success of award-winning technology drives company to expand its scope –

(San Diego, Calif.,  February 12, 2008) – Fallbrook Technologies Inc. (Fallbrook), a pioneering technology company, announced today that, in addition to licensing its award-winning NuVinci continuously variable transmission (CVT) technology, the company now will also manufacture its NuVinci hubs for the bicycle and light electric vehicle markets.  In addition, Fallbrook will manage the associated distribution and customer support.

This new capability will replace the manufacturing now being done by Aftermarket Technology Corp. (ATC) (NASDAQ: ATAC), Fallbrook’s current licensed manufacturer. ATC has agreed to sell the business assets associated with its NuVinci-related manufacturing to Fallbrook, subject to financing. (Full Text)

– The Ride™ from Ellsworth Handcrafted Bicycles wins Grand Award in the Recreation category; fourth major 2007 award for innovative NuVinci technology –

(San Diego, Calif., November 13, 2007) – Fallbrook Technologies Inc. (Fallbrook), a pioneering technology development company, announced today that Popular Science magazine has given its prestigious 2007 “Best of What’s New” award to The Ride from Ellsworth Handcrafted Bicycles – featuring Fallbrook’s NuVinci continuously variable planetary (CVP) drivetrain. See See Article on Popular Science website.

The Ride won the Grand Prize in the Recreation category of the annual Popular Science magazine awards, given to the year’s best technology innovations. (Full Text)

Fallbrook Technologies' Nuvinci® Transmission Wins Prestigious R&D 100 Award

– Breakthrough continuously variable planetary transmission named one of the 100 most technologically significant products of 2007 –

(San Diego, Calif., July 23, 2007) – Fallbrook Technologies Inc. (Fallbrook), a pioneering technology development company, announced today that its NuVinci continuously variable planetary (CVP) transmission is one of the winners of the R&D 100 Awards, which are given every year by R&D magazine to the 100 most technologically significant products of the year. (Full Text)

Fallbrook Technologies Inc. Joins over 200 U.S. Companies in Asking Congress to Amend Patent Reform Act of 2007

– Group calls for changes in pending law to preserve the value of U.S. patents –

(San Diego, Calif., June 20, 2007 – Fallbrook Technologies Inc. (Fallbrook), a pioneering technology development company and a member of the Innovation Alliance, announced today that it has joined over 200 other innovative American companies in sending a letter to Congressional leaders expressing serious concern over certain measures in The Patent Reform Act of 2007, now pending before the Senate (S 1145) and the House of Representatives (H.R. 1908). (Full Text)

Fallbrook Technologies Inc. to Develop Continuously Variable Transmission for Outdoor Power Equipment Industry

– Development agreement with ATC will adapt breakthrough NuVinci™ drivetrain to make outdoor power equipment quieter and more efficient –

(San Diego, Calif., May 1, 2007) – Fallbrook Technologies Inc. (Fallbrook), a pioneering technology development company, announced today that it has entered into an agreement with Aftermarket Technology Corp. (ATC) to develop a production design for a continuously variable planetary (CVP) drivetrain (based on Fallbrook’s breakthrough NuVinci technology) specifically for the outdoor power equipment (OPE) market. OPE vehicles include all-terrain vehicles (ATVs), lawn & garden tractors, and utility vehicles, among others. (Full Text)

Bike Equipped With Breakthrough NuVinci™ Drivetrain Wins “Bike of the Year” Award

– NuVinci™ drivetrain also awarded “Technology Innovation of the Year” honor at prestigious European show –

(Rosmalen, The Netherlands, January 28, 2007) – Fallbrook Technologies Inc. (Fallbrook), a pioneering technology development company, announced today that a bicycle equipped with its Model N170S NuVinci™ continuously variable planetary (CVP) drivetrain has been named the 2007 Bike of the Year at the FietsVak show in Rosmalen, The Netherlands. In addition, the Model N170S NuVinci drivetrain itself won the FietsVak 2007 Technology Innovation of the Year award. (Full Text)

Aftermarket Technology Corp. And Fallbrook Technologies Announce First
Commercial Delivery of Breakthrough Transmission Technology

– Drivetrains using Fallbrook’s NuVinci™ continuously variable planetary (CVP) technology are manufactured by ATC and shipped to vehicle builders in the U.S. and Europe –

(Downers Grove, Ill. and San Diego, Calif., January 17, 2006) – Aftermarket Technology Corp. (ATC), the world’s largest independent drivetrain remanufacturer, and Fallbrook Technologies Inc. (Fallbrook), a pioneering technology development company, announced today that the first drivetrains using Fallbrook’s NuVinci CVP technology are now coming off ATC’s assembly line and are being shipped to bicycle and light electric vehicle (LEV) manufacturers in both the U.S. and Europe. (Full Text)

Fallbrook Technologies’ “Gear Free Zone” Event Unveils Revolutionary New Vehicles

– Ellsworth, Batavus and Currie Technologies debut innovative new bikes and scooters equipped with the NuVinci™ continuously variable planetary(CVP) drivetrain from Fallbrook Technologies Inc. –

(Las Vegas, NV, September 27, 2006) – Fallbrook Technologies Inc. (Fallbrook), a pioneering technology development and intellectual property licensing company, today along with its partners unveiled three revolutionary new vehicles at a special InterBike press event called the “Gear Free Zone. ”... (Full Text)

Fallbrook Technologies Inc.  Announces OEM Licensing Agreement with Batavus B.V.

– Leading European bicycle manufacturer to build commuter and pleasure bikes using Fallbrook’s NuVinci™ continuously variable planetary (CVP) technology –

(Las Vegas, NV, September 27, 2006) – Fallbrook Technologies Inc. (Fallbrook), a pioneering technology development and intellectual property licensing company, announced today it has entered into an OEM licensing agreement with Batavus B.V., one of Europe’s most respected bike designers and manufacturers... (Full Text)

– Currie to build advanced light electric vehicles using Fallbrook's NuVinciT continuously variable planetary (CVP) technology –

(San Diego, CA, September 12, 2006) - Fallbrook Technologies Inc. (Fallbrook), a pioneering technology development and intellectual property licensing company, announced today it has entered into an OEM licensing agreement with Currie Technologies, Inc. (Currie), a premier developer, manufacturer and distributor of high-performance hybrid- and electric-powered vehicles and personal transportation products... (Full Text)

Fallkbrook Technologies, Inc. Closes $16 Million In Private Equity Financing

– Commercial availability of bicycles using NuVinci™ Continuously Variable Planetary technology expected in Q4 2006 –

(San Diego, Calif., August 14, 2006) – Fallbrook Technologies Inc. (Fallbrook), a pioneering technology development and intellectual property licensing company, announced today it has closed its latest round of equity financing, placing just over $16 million in Series C Preferred Shares with private investors... (Full Text)

Fallbrook Technologies Inc. Signs Agreement with Ellsworth International Inc. to License Breakthrough NuVinci™ Hub

– Ellsworth to use NuVinci CVP technology in new line of bicycles; hubs to be manufactured by Aftermarket Technology Corp. –

(Taipei, Taiwan, March 8, 2006) – Fallbrook Technologies Inc. (Fallbrook), a pioneering technology development and intellectual property licensing company, announced today it has signed an OEM licensing agreement with Ellsworth International, Inc. (Ellsworth) to license Fallbrook’s NuVinci CVP hub technology for a new line of Ellsworth bicycles, planned for introduction in the second half of 2006.  The announcement was made at the Taipei International Cycle Show in Taipei , Taiwan.

Ellsworth has agreed to purchase the hubs from Aftermarket Technology Corp. (ATC), Fallbrook’s licensed manufacturing partner... (Full Text)

Valvoline and Fallbrook Technolgies Inc. sign Trademark Licensing and Development Agreement

– Valvoline to develop and market fluids and other products related to Fallbrook’s breakthrough NuVinci™ continuously variable planetary transmission technology –

(San Diego, Calif., February 13, 2006) – The Valvoline division of Ashland Inc., and Fallbrook Technologies Inc. (Fallbrook), a pioneering technology development and intellectual property licensing company, announced today that they have entered into a trademark licensing and development agreement to design, test and market specialty fluids designed to optimize the performance of Fallbrook’s NuVinci™ continuously variable planetary (CVP) transmission technology.

These fluids, along with other related products, will be sold by Valvoline under Fallbrook’s NuVinci brand name... (Full Text)

Scott McBroom of Fallbrook Technologies Inc. Delivers Key Presentation At E.D.T.A. Conference (November 30, 2006)...(Full Text)

Fallbrook Technologies Inc. Names Nicole T. Nicks As Chief Financial Officer (August 28, 2006)... (Full Text)

Scott McBroom joins Fallbrook Technologies Inc. as Manager of Technology Transfer... (March 1, 2006)... (Full Text)

Fallbrook Technologies Inc. Secures $9.3 Million in First Close of Private Equity Financing Round (January 18, 2006)... (Full Text)

Aftermarket Technology Corp. and Fallbrook Technologies Sign Manufacturing
License Agreement for Breakthrough Transmission Technology (June 1, 2005)... (Full Text)

Fallbrook’s NuVinci™ CVP technology significantly lowers cost of energy in wind turbine applications May 15,2005)... (Full text}

Fallbrook Technologies Inc. launches revolutionary transmission technology, closes $8.2M round of private funding (April 4, 2005)... (Full Text)

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