DOE Selects Viryd Technologies Inc. for Wind Development Study with Illinois Institute of Technology

Stimulus dollars will fund research and product testing

CEDAR PARK, Texas--(Business Wire)--
Viryd Technologies Inc. (Viryd), a wind turbine technology company dedicated to
improving drivetrain technology, has been selected to participate in a U.S
Department of Energy funded wind energy industry research consortium lead by the
Illinois Institute of Technology (IIT). U.S. Energy Secretary Steven Chu
announced the recipients last week as part of the DOE`s efforts to spur
university-led wind research facilities. Viryd was one of three wind turbine
companies named as consortium members out of a pool of 100 applicants.

"Viryd`s advanced and efficient drivetrain technology delivers on the promise of
small wind, and will help solidify the United States as an industry leader in
wind turbine development," said Viryd CEO John Langdon. "We`re excited for the
opportunity to demonstrate our technology on the national stage and are looking
forward to working with IIT and DOE to foster development and enable small-scale
wind to become a major contributor to the country`s renewable energy mix."

The consortium marks the second government-funded testing grant awarded to Viryd
this year. Currently, testing is underway at the National Renewable Energy
Laboratory (NREL) on its Viryd 8000 8-kilowatt turbine, which features NuVinci®
continuously variable planetary technology (CVP) licensed from Fallbrook
Technologies, Inc.

NuVinci technology is a universally adaptable continuously variable transmission
for human- and motor-powered vehicles and machines. The NuVinci CVP uses a set
of rotating and tilting balls positioned between the input and output components
of a transmission. Tilting the balls changes their contact diameters and varies
the speed ratio.

Viryd`s drivetrain promises to increase energy generation, lower costs and boost
small wind system reliability through the use of NuVinci technology.

As part of the IIT-led consortium`s research, one Viryd 8000 turbine will be
installed on campus, and another delivered to IIT`s engineering laboratories,
where it will undergo reliability testing to monitor performance at different
wind speeds and with varying degrees of wind turbulence. The consortium`s
research will focus on several key issues facing the wind industry, including
advanced concepts for rotor and drivetrain control.

Viryd`s turbines improve energy capture by controlling the rotor to optimize its
Tip Speed Ratio (TSR) at all wind velocities. The Viryd design also eliminates
the need for expensive power electronics and inverters, instead allowing for the
use of an economical and reliable generator that connects directly to the
utility grid.

The consortium is funded by the American Re-investment and Recovery Act, and
includes several research universities, wind energy developers and other wind
turbine companies including GE and Accionia Wind Energy USA and Honeywell.

About Viryd

Viryd is a clean-technology manufacturing and development company dedicated to
improving the performance and production of energy from wind turbines. Created
initially as a subsidiary of Fallbrook Technologies Inc., Viryd became an
independent company in 2007. Viryd`s initial products include innovative wind
turbine drivetrains and complete small wind turbines based on Fallbrook`s
patented and award-winning NuVinci® technology. Viryd is headquartered in Cedar
Park, Texas. To learn more about Viryd, please visit www.viryd.com

About Fallbrook Technologies Inc.

Fallbrook Technologies Inc. (Fallbrook) is a technology company dedicated to
improving the performance and flexibility of transmissions for vehicles and
equipment. Fallbrook`s revolutionary NuVinci® continuously variable planetary
(CVP) technology is applicable to virtually any 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.

Fallbrook`s extensive portfolio of over 325 patents and patent applications
worldwide has been recognized as the industry leader for the automotive and
transportation industry segment. Fallbrook`s vigorous research and development
activities will continue to enhance the performance and capabilities of NuVinci
technology.

To learn more about Fallbrook and its NuVinci technology, please visit
www.fallbrooktech.com.

Antenna Group (for Viryd Technologies Inc.)
Caitlin Cieslik-Miskimen, 415-977-1922 (Media)
caitlin@antennagroup.com

Copyright Business Wire 2009