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DGAP-News: Fallbrook Technologies Inc. Adds Former Auto Industry Executive to Business&Technology Advisory Board
ID: 348924
(firmenpresse) - Fallbrook Technologies Inc.
15.02.2011 14:00
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Pascal Henault, Former PSA Peugeot Citroen executive, Will Assist in Evaluating
NuVinci(r) Product and Partnership Opportunities
SAN DIEGO, 2011-02-15 14:00 CET (GLOBE NEWSWIRE) --Fallbrook Technologies Inc., (Fallbrook), developer and manufacturer of
NuVinci(r) DeltaSeries? continuously variable accessory drives and primary
transmissions designed to increase fuel economy and vehicle performance, today
announced that Pascal Henault, recently retired PSA Peugeot Citroen executive
committee member and former PSA executive VP for R&D and Innovation will serve
on Fallbrook's Technology Industry Advisory Board (TIAB). He joins David Cole,
Chairman Emeritus, Center for Automotive Research, who was announced last month
as the initial member of the TIAB (formerly ABTAB).
The TIAB consists of impartial advisors who assist Fallbrook in evaluating
product requirements along with market and partner opportunities for its
NuVinci DeltaSeries products. Al Kammerer, a Fallbrook Director who spent 34
years with Ford Motor Company before retiring in 2008 as product development
director for Jaguar Land Rover, will serve as the TIAB coordinator.
'I am enthusiastic in joining Fallbrook's Transportation Industry Advisory
Board,' said Pascal Henault. 'Their NuVinci technology is a real breakthrough
in the automotive transmission business and will bring impressive solutions in
enhancing efficiency of numerous transportation devices.' Henault, who is a
member of the RHODIA Group scientific advisory board, also stated 'I am looking
forward to helping Fallbrook achieve its strategic growth and promoting NuVinci
CO2 efficient applications in Europe.'
'Pascal brings a European focus to our business,' William G. Klehm III,
Fallbrook's Chairman and CEO stated. 'His demonstrated business understanding
and technical leadership will help Fallbrook gain awareness in the European
transportation industry. One example of a relevant product area where Pascal
will help us is our accessory drive product line up that can help create a
competitive advantage for automakers by affordably improving fuel economy
without necessarily sacrificing performance. This is front and center in
Europe and our board of advisors will help us think through and select both the
technical and business opportunities.'
About Fallbrook Technologies Inc.
Fallbrook's NuVinci continuously variable planetary (CVP) technology is
applicable to machines that use a transmission such as bicycles, light electric
vehicles, automobiles, agricultural equipment, and wind turbines, among others.
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. An example of a next generation product is
using a NuVinci CVP to control the speed of automotive accessory drives
(including air conditioning compressors, alternators, and superchargers)
independently of engine speed.
Fallbrook recently announced its entry into the automotive market with its
NuVinci DeltaSeries, a line of continuously variable accessory drives and
primary transmissions designed to increase fuel efficiency and vehicle
performance. Fallbrook launched the NuVinci N360?, the second generation of
its award-winning continuously variable bicycle drivetrain, last summer. The
Company is also developing transmission technologies for electric vehicles,
small wind power and lawn care equipment.
Fallbrook has built an extensive portfolio of over 375 patents and patent
applications worldwide. Fallbrook intends to continue its research and
development activities to enhance the performance and capabilities of NuVinci
technology.
For more information, visit www.fallbrooktech.com
? 2011 by Fallbrook Technologies Inc. All rights reserved.
Contact: David Oates
858-750-5560
doates(at)fallbrooktech.com
News Source: NASDAQ OMX
15.02.2011 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Language: English
Company: Fallbrook Technologies Inc.
United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US9901381908
WKN:
End of Announcement DGAP News-Service
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Datum: 15.02.2011 - 14:00 Uhr
Sprache: Deutsch
News-ID 348924
Anzahl Zeichen: 5478
Kontakt-Informationen:
Kategorie:
Wirtschaft (allg.)
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