The Torvec Annual Shareholders' Meeting, held on January 27th, was attended by approximately 300 shareholders. If you were unable to attend, or if you would like to review the presentations made by Torvec's Senior Executives, please click on the attached links.

Remarks by Read McNamara, Chairman of the Board
Remarks by Dick Ottalagana, Chief Executive Officer
Remarks by Philip Fain, Chief Financial Officer

Remarks by Philip Fain,
Chief Financial Officer

I am pleased to open the business portion of tonight’s meeting by reporting to you that over 90% of our outstanding shares participated in tonight’s meeting by casting their ballots either in person or by proxy.

As you know, you as shareholders were asked to vote on two matters

• First, the re-election to the Board of Directors of Read McNamara, Keith Gleasman, Herbert Dobbs, James Gleasman, Gary Siconolfi, Joseph Alberti and Daniel Bickel.
• Second, you were asked to approve the appointment by our Audit Committee of Eisner, LLP as our auditors for our fiscal year ended December 31, 2004.

I am very pleased to report that all of our directors were reelected by a vote exceeding 99% of the votes cast. You also approved the appointment of Eisner, LLP as our auditors by a similar vote.

On behalf of our directors, I want to thank you as our shareholders for participating in the voting process, for your support of our directors and the strategies they are pursuing on behalf of all of Torvec’s shareholders.

I will now turn the meeting back over to Read McNamara.

Symbol
TOVC [Quote]

Exchange
OTC

Shares Outstanding
Approximately 29,000,000

52 Wk. Range
$1.25 - $9.98

2005 Shareholders' Mtg.
Reports by the CEO, CFO and Chairman

Corporate Governance
Code of Business Conduct
Financial Integrity Program

SEC Filings
All Forms
Form 3
Form 4
Form 5
Form 8-K
Form 10KSB
Form 10QSB
Form 10SB12G
Form 424B3
Form DEF 14A
Form NT 10-K
Form NTN 10Q
Form POS AM
Form PRE 14A
Form REGDEX
Form S-8
Form SB-2
Form SC 13G