Gary A. Siconolfi — Chairman of the Board
Gary was the owner and general manager of Panorama Dodge, Inc., Penfield New York from 1984-1995 and of Panorama Collision, Inc., East Rochester, New York from 1989-1995. He built the business to annual sales of $20 million, with 5 departments and 65 employees.

Gary worked in sales, sales management and general management at a number of Rochester-based car dealerships. He is currently involved in commercial real estate.

William W. Destler — Director
Dr. William W. Destler became president of Rochester Institute of Technology on July 1, 2007. He was formerly senior vice president for academic affairs and provost of the University of Maryland at College Park.

At RIT, Dr. Destler is responsible for one of the nation's leading career-oriented universities with 16,450-students from all 50 states and more than 100 foreign countries, 2,800 faculty and staff, an annual operating budget of more than $492 million, and an endowment of more than $600 million. The university has one of the oldest and largest cooperative education programs in the country.

Prior to RIT, Dr. Destler spent more than 30 years at the University of Maryland, rising from the ranks of research associate and assistant professor of electrical engineering to senior vice president and provost. At Maryland, he also served as electrical engineering department chair, dean of the A. James Clark School of Engineering, interim vice president for university advancement, vice president for research, and dean of the graduate school.

Dr. Destler earned a bachelor’s degree from Stevens Institute of Technology and a Ph.D. from Cornell University. Both degrees were in the field of applied physics.

Asher Flaum — Director
Asher Flaum currently serves as President of Flaum Management Company since 2002 and brings a depth of real estate experience including property management, operations, tenant relations, leasing and development. He has been involved in numerous real estate deals involving both local and national companies. Asher is currently a licensed real estate broker and graduated from Syracuse University with a Bachelor of Science degree and was a member of the 2000 men’s Lacrosse national championship team. Mr. Flaum is a member of the New York State Commercial Association of Reatlors, the International Council of Shopping Centers and the National Association of Realtors.. Mr Flaum is also active in charitable works and not for profit groups throughout the region.

Daniel R. Bickel — Director
Dan is a partner in the accounting firm of Bickel & Dewar, C.P.A.'s, an accounting firm providing a variety of accounting services to small to medium sized business. He has been licensed in New York State as a certified public accountant for almost 30 years and is a member of the American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants.

Herbert H. Dobbs — Director - Secretary
Dr. Dobbs, Ph.D., P.E., has worked at every level from design engineer to technical director of an Army Major Commodity Command at the two-star level. He has worked as a hands-on engineer and scientist in industry and government, commanded field units, managed Army R & D programs and laboratories, and Guided development of a new family of tactical vehicles for the Army, including the High Mobility Multipurpose Wheeled Vehicle (HMMWV) now known as the "Hummer", which uses Vernon Gleasman's Torsen® differential.

At the end of 1985, Herbert H. Dobbs left government service and started his own consulting practice and began working with the Gleasmans to develop and market Vernon Gleasman's inventions. He holds several patents of his own and, among many affiliations, is a member of SAE, ASME, NSPE, AAAS, Sigma XI, AUSA, NDIA and the U.S. Army Science Board. The last named organization is a small group of senior technical and managerial people chosen from industry and academia to provide direct advice to the Secretary of the Army, the Chief of Staff, and the Department of the Army concerning issues of policy, budgets, doctrine, organization, training and technology.

James Y. Gleasman — CEO & Interim CFO
Jim has been a director and consultant of the company since its inception. He is a life long entrepreneur skilled in management, finance, strategic planning, organizing and marketing. He is co-inventor of the Gleasman Steer-Drive mechanism, and he established manufacturing of the Dual-Drive Differential in Argentina, Brazil and other countries. He was a joint venture partner with Clayton Brokerage Co. of St. Louis, MO, owned a financial/consulting business, and has negotiated with numerous Asian corporations (including Mitsubishi and Mitsui).

Keith E. Gleasman — President
Keith is Co-Inventor with Vernon E. Gleasman on all Torvec patents. Keith has extensive marketing and sales executive experience, in addition to his design and development knowledge. His particular expertise has been in the area of defining and demonstrating the products to persons within all levels of the automotive industry, race crew members, educators and students.

Joseph B. Rizzo — Director
 Joseph B. Rizzo, born January 17, 1965 , in Buffalo , New York . Graduated from Pittsford Mendon High School, 1982; State University of New York at Buffalo, B.A., English, 1986; State University of New York at Buffalo, School of Law, Juris Doctor, 1989. Admitted to practice law in the State of New York , 1990. Associate Attorney with the law firm of Speyer & Perlberg , New York , New York , 1989 to 1995. Joined law firm of Gallo & Iacovangelo, LLP, Rochester , New York in 1995 and became a Partner and Head of the firm's Litigation Department, 1997 to present. Mr. Rizzo is a published legal commentator and a lecturer for the New York State Bar Association. He is a member of the New York State Bar Association and the National Crime Victims Bar Association. Appears in the "Strathmore's Who's Who" 2005-2006 Edition for outstanding leadership and achievement in the practice of law.

Symbol
TOVC [Quote]

Exchange
OTC

Shares Outstanding
Approximately 31,500,000

52 Wk. Range
$1.50 - $6.60

Corporate Governance
Code of Business Conduct
Financial Integrity Program
Nominating Committee Charter
Audit Committee Charter