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Fallbrook Technologies and TRW Automotive Sign Memorandum of Understanding

SAN DIEGO Jan. 31, 2011 Fallbrook

Fallbrook Fallbrook

Under the MOU the companies will continue to investigate development of these applications with the possibility of entering a definitive joint development agreement.  Both companies expect negotiation of a joint development agreement to conclude in 2011.

NuVinci William G. Klehm III Fallbrook

Fallbrook

NuVinci NuVinci

About CVAD

A CVAD is a device that is designed to optimize the performance of engine-driven accessories on a vehicle (alternator, air conditioner, water pump, power steering). Under existing practices, these accessories are connected to the engine and therefore dependent on the speed of the engine for their power, as the engine speed goes up or down the accessories’ speed goes up and down. A CVAD, which operates between the engine and these accessories, is designed to allow accessory speed to vary according to performance needs independent of the engine speed.

About TRW

$11.6 billion Livonia, Michigan www.trw.com

About Fallbrook Technologies Inc.

NuVinci Fallbrook NuVinci www.fallbrooktech.com

© 2011 by Fallbrook Technologies Inc.  All rights reserved

SOURCE Fallbrook Technologies Inc.

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