Letters of Intent Offered To Build New PE-IVT (transmission) Prototypes

Letters of Intent and commitments have been offered to build the first prototypes of the Universal Transmission (UT). The UT is the first and only Positively Engaged metal-to-metal IVT. It provides maximum torque coming out of neutral through an infinite range of ratios - without the use of dynamic friction. The UT does so without a torque converter or clutch so it is constantly and positively engaged providing significant fuel savings while increasing performance.

PROVO, Utah - April 6, 2010 - Multiple commitments to build the first Positively Engaged Infinitely Variable Transmission came after more than 10 major international OEMs and VMs received thorough presentations on the intellectual property of the Universal Transmission to their top management and senior engineers . Each company will be building a prototype for separate applications from electric cars and trucks to heavy equipment and tanks.

VMT's Universal Transmission Selected as Finalist for Innovations Award

The Universal Transmission (UT) is the first and only positively engaged metal-to-metal IVT. It provides maximum torque coming out of neutral through an infinite range of ratios - without the use of dynamic friction. The UT does so without a torque converter or clutch so its constantly and positively engaged providing significant fuel savings while increasing performance.

PROVO, Utah - April 2, 2010 - VMT Technologies' Universal Transmission has been selected as one of three finalists for the 2010 Utah Innovations Award in the category of Clean Tech and Energy.

VMT Named Utah County's Most Innovative Business

PROVO, Utah - December 3, 2009 - "Mentioning VMT Technologies in the same presentation with other innovators of the past including DaVinci, George Washington Carver, Madame Curie, and Steve Jobs makes us all very humbled and honored" said VMT CEO Richard Wilson after accepting the Innovation Motivation Award for significant contributions to Innovation in Business Technology.

According to a member of the UVU Technology Management School selection committee, VMT was chosen from more than 300 qualified Utah County businesses. "We then narrowed the group to twenty finalists and matched them up to our extensive criteria to rate each company. With the huge potential impact we see VMT having on Utah and the nation, VMT was the overwhelming consensus choice."

Nov. 4 Press Conference

VMT Technologies held a press conference to officially announce its revolutionary Universal Transmission to the world on Wednesday, Nov. 4, 2009 at the Novell Technology Center, Conference Room.

PROVO, Utah - October 22, 2009 - World's First Positively Engaged, Infinitely Variable Transmission Promises to Make Production of Gas-Saving Hybrid Trucks Possible

PROVO, Utah - October 27, 2009 - Just when the automotive world was beginning to embrace continuously variable transmissions (CVTs) as the wave of the future, a Utah-based company prepares to unveil its technology at a Nov. 4 press conference for a transmission it claims can replace many of the current transmissions, including CVTs...