Press Release   November 30, 2006

Scott McBroom of Fallbrook Technologies Inc. Delivers Key Presentation At E.D.T.A. Conference

Expert on NuVinci™ continuously variable planetary transmission provides status report on plug-in hybrid vehicles to industry and government leaders

(Washington, DC, November 30, 2006) – Scott McBroom, Manager of Technology Development at Fallbrook Technologies Inc. (Fallbrook), today delivered a presentation on the important role of continuously variable transmission (CVT) technology for hybrid electric vehicles (HEVs) and the renewed interest in plug-in hybrid electric vehicles (PHEVs). The presentation was made to an audience of electric vehicle thought leaders and U.S. government officials at the Electric Drive Transportation Association’s 2006 Conference and Exposition in Washington D.C.

Currently, CVTs are an integral part of virtually all the hybrid electric power trains in production. CVTs increase range, manage the efficient production of power, and improve overall driveability.

Fallbrook is a pioneering technology development and intellectual property licensing company based in San Diego, Calif.

As part of a panel entitled Plug-In Hybrid Vehicles: Industry Status Report, McBroom discussed the key role CVTs can play in creating a new class of electric and hybrid electric vehicles that use grid electricity and offer consumers a genuine alternative to gas-powered transportation. Other panel participants included: Bob Graham, Electric Power Research Institute (moderator); Michael Andrew, Johnson Controls; Dr. Mark Duvall, Electric Power Research Institute; Dominique Portmann, DaimlerChrysler; David West, Raser Technologies; and Danillo Santini, Argonne National Laboratory.  McBroom’s presentation included an overview of existing hybrid vehicle transmission options, followed by an introduction to CVTs and their inherent advantages over conventional drivetrains.

Fallbrook’s NuVinci technology is a new class of highly adaptable and scalable continuously variable transmissions (CVTs). It promises to be the most practical and economical CVT for both human-powered and motor-powered vehicles and machines. The NuVinci CVP is applicable to virtually any product that uses a transmission, including bicycles, agricultural equipment, automobiles, and utility-class wind turbines, among others.

“With the volatility of gas prices continuing for the foreseeable future, the time for developing these new consumer-friendly PHEVs and HEVs is now,” McBroom said. “The NuVinci CVP is helping to lead the way.”

McBroom manages Fallbrook’s Technology Development Group, which helps companies that license the NuVinci CVP utilize, extend and advance the technology for their specific applications. Prior to joining Fallbrook, McBroom served as the manager of advanced vehicle technology at Southwest Research Institute™ (SwRI) in San Antonio, TX, one of the nation’s leading independent automotive research and development laboratories.

About Fallbrook Technologies Inc.
Fallbrook Technologies Inc. (Fallbrook) is a technology development and intellectual property licensing company dedicated to improving the performance and flexibility of transmissions for vehicles and equipment. Fallbrook’s revolutionary NuVinci™ continuously variable planetary (CVP) technology is applicable to virtually any machines that use a transmission such as bicycles, light electric vehicles, automobiles, agricultural equipment, and utility class wind turbines among others. The NuVinci technology offers companies the flexibility to design and produce next generation products that are better tailored to their unique business, market and competitive requirements.

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