Torvec Vehicle Improves Fuel Mileage By 96 Percent

ROCHESTER, N.Y., Nov. 10, 2003 -- Torvec, Inc. (BULLETIN BOARD: TOVC) announced today that actual real-world tests have demonstrated that Torvec's Dodge Ram 4x4 diesel truck with the company's infinitely-variable transmission generated a 96 percent increase in fuel mileage over that obtained by a gasoline-powered, four-speed automatic 4x4 truck of comparable weight and horsepower to the most popular SUVs. The 96 percent figure was not increased to account for the fact that the testing weight for Torvec's heavy duty truck was 8,000 pounds and the gasoline-powered truck's testing weight was 6,040 pounds. Further information can be found in Torvec's most recent quarterly report to be filed on November 14, 2003 with the Securities and Exchange Commission at www.sec.gov-under company filings.

Torvec also announced that the next annual meeting of shareholders will be held at 7 p.m. on Thursday, January 29, 2004 at Casa Larga Vineyards in Fairport, N.Y.

Torvec, Inc. specializes in automotive and related technology. The company holds numerous U.S. and international patents protecting inventions such as a steering drive and suspension system for tracked vehicles, infinitely-variable transmission, hydraulic pump and motor, constant velocity joint, and spherical gearing. Ice Surface Development, Inc. is advancing technologies to improve driving experiences for industrial, commercial, and consumer vehicles by eliminating the hassle of ice removal and loss of traction. For additional information and presentations, please visit www.torvec.com and www.icesurfacedev.com.

This news release contains forward-looking statements that are based on current expectations, estimates and projections about the company and its plans for future operation, as well as management's beliefs and assumptions. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. The company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.