Fallbrook Technologies Inc. Announces Availability of the N360 Version of its NuVinci(R) Continuously Variable Bicycle Transmission

By Fallbrook Technologies Inc., PRNE
Monday, August 30, 2010

The next generation of the award-winning NuVinci(R) drivetrain is over 30% lighter and 17% smaller with enhanced shifting. Bicycle OEMs are including it on more new models. -

FRIEDRICHSHAFEN, Germany, August 31, 2010 - EUROBIKE 2010 — Fallbrook Technologies Inc. (Fallbrook), announced today
the availability of its N360 bicycle drivetrain utilizing NuVinci(R)
Technology. The N360 is the next generation of Fallbrook's award-winning
Continuously Variable Planetary (CVP) transmission for bicycles. The NuVinci
CVP is a significant "shift" in drivetrain technology, transmitting
mechanical power with spheres instead of gears. With an unlimited number of
ratios available within its nominal 360% ratio range, the NuVinci CVP is a
highly attractive replacement for bicycle derailleurs and internally geared
hubs as it provides a ride and shifting experience unlike any other.

Compared to the NuVinci bicycle drivetrain launched in 2007, the N360
model has an increased ratio of 360%, is over 30% lighter and is 17% smaller.
Shift effort is significantly reduced even under high pedal forces and there
is 50% less twist rotation required to move between the lowest and highest
ratios. In addition, for better protection, the hub interface is now housed
inboard of the frame drop-out.

"The original NuVinci bicycle CVP introduced a totally new cycling
experience - very easy shifting," said Jack Brandsen, Fallbrook's Director of
European Marketing and Sales. "The typical reactions after the first ride
were: 'It's so smooth! or it's so easy!' However, bicycle manufacturers told
us they would put it on more models if we could make the drivetrain lighter
and smaller. We listened to the market and the N360 is the result. It's now
being offered on many additional bicycle models including a number of
e-Bikes."

The Gepida Reptila, Mosquito Classis Energy, Raleigh Dover 360, and
Victoria NuVinci are some examples of new e-Bikes that will offer the N360
drivetrain. "The N360's ease of shifting is particularly beneficial for
e-Bikes," said Alan M. Nordin, Fallbrook's Bicycle Division President.
"e-Bike riders will shift more and that can result in less battery drain when
starting up or going up a hill, which in turn equates to increased battery
range." Examples of new European bike models with the N360 include the
Batavus Venturo, Panther TR999 Gepard-N and Simpel Wegwarts and new North
American N360 bike models include the Breezer Uptown Infinity, Ellsworth
Enlightenment, and Organic Edwin.

For bike dealers looking to upgrade existing bicycles, an N360
aftermarket conversion kit is also available. Bicycle dealers in Europe will
be able to order it directly on the NuVinci website, www.nuvinci.com
where there is also a list of aftermarket kit distributors for other parts of
the world.

About Fallbrook Technologies Inc.

Fallbrook Technologies Inc. is a technology and manufacturing company
dedicated to improving the performance and flexibility of transmissions for
vehicles and equipment. Fallbrook's NuVinci(R) 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. 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.

The NuVinci platform offers companies the flexibility to design and
produce next-generation products that are better tailored to their unique
business, market and competitive requirements. Fallbrook has built an
extensive portfolio of over 350 patents and patent applications worldwide.

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

Barry Berkov, Fallbrook Technologies Inc., +1-619-549-3680, bberkov at fallbrooktech.com

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