Fallbrook Technologies Inc. Announces OEM Licensing Agreement with Currie Technologies Inc.

– 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.

Under the agreement, Currie will expand its IZIPT product line to include hybrid electric bicycles and electric scooters combining the patented Currie Electro-DriveT drive systems with the NuVinci CVP. As a result, a new vehicle category will be created - a family of light electric vehicles (LEVs) whose enhanced performance makes them a practical alternative to gas-powered vehicles. Currie will purchase the NuVinci CVPs from Aftermarket Technology Corp. (ATC) ( NASDAQ: ATAC), a licensed Fallbrook manufacturer.

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, light electric vehicles, agricultural equipment, automobiles, and utility-class wind turbines, among others.

The IZIP hybrid electric bike has an Electro-Drive electric hub motor drive system that powers the front wheel, with pedals and a rear-wheel drivetrain just like a conventional bike. The NuVinci CVP will serve as a rear-wheel drivetrain, replacing a traditional derailleur or internal geared hub and improving the rider's overall cycling experience.

The IZIP Fusion 1000 NuVinci electric scooter will use both the patented Currie Electro-Drive system and the NuVinci CVP, leveraging the benefits of both technologies.

In the near future Currie plans to design a significantly expanded line of LEV models using the NuVinci CVP, creating new market opportunities for its retailers.

"We're excited about making NuVinci technology a part of our IZIP hybrid product line," said Dr. Malcolm R. Currie, founder of Currie Technologies, Inc. "These vehicles offer riders new and better choices, and represent an outstanding marketing opportunity for specialty retailers."

The NuVinci CVP is a CVT that also functions as a planetary gear set. The NuVinci CVP typically has a central idler, a set of balls distributed about the idler, a rotatable input disc on one side of the idler and the balls and a rotatable output disc positioned on the other side of the idler and the balls. Tilting the axes of the balls varies their respective contact diameters with the input and output discs, varying the transmission ratio.

"Currie's history of innovation in the design and manufacture of electric vehicles makes them a perfect partner for Fallbrook," said William Klehm III, Fallbrook's CEO. "This agreement moves us closer to our goal of providing affordable, advanced technology that will get more people on LEVs."

Currie's IZIP hybrid bikes will be available in Q4 2006, with IZIP Fusion 1000 NuVinci scooters becoming available in early 2007.

ATC is North America's largest remanufacturer of automotive drivetrain products. As part of its growth and diversification strategy, ATC is now leveraging its extensive remanufacturing, engineering and supply chain management expertise into the transmission manufacturing arena. ATC has selected NuVinci technology as the basis for this strategy. The Currie agreement is ATC's third OEM manufacturing agreement for delivering products based on NuVinci technology.

"As we continue to develop new customers and new markets for the NuVinci CVP, we are more and more convinced that NuVinci technology will spark a major revolution in the way transmission-based devices are designed and built," said Don Johnson, CEO of ATC. "We're very excited to have Currie Technology as a valued customer of ATC."

About Currie Technologies, Inc.
Currie Technologies, Inc. is a developer, manufacturer and distributor of quality, high-performance hybrid and electric powered vehicles and personal transportation products. Currie Technologies was founded in 1998 by Dr. Malcolm R. Currie, the former chairman and CEO of Hughes Aircraft and Delco Electronics, on the conviction that electrically driven vehicles will become increasingly important for fundamental environmental and economic reasons, and that new and large international markets will emerge. Currie Technologies hold various technology patents on the Electro-DriveT Propulsion Systems, unique electric drive systems that provides superior performance and durability at a reasonable price. To learn more about Currie Technologies and its IZIP product line, please visit www.currietech.com.

About Aftermarket Technology Corp.
ATC is headquartered in Downers Grove, Illinois. The Company provides outsourced engineered solutions and supply chain logistics services to the light vehicle (cars and light trucks) aftermarket and consumer electronics industries. To learn more about ATC, please visit www.goatc.com.

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.  To download a comprehensive press kit and company/technology backgrounder, click on a link below.

Fallbrook Press Kit