PAICE HYPERDRIVE CAN MEET AUTO GOALS FOR COST, PERFORMANCE, FUEL ECONOMY AND EMISSIONS

The Paice Corporations breakthrough Hyperdriveä powertrain can meet goals for automotive affordability, performance, fuel economy and emissions better than any hybrid system known today, its developer recently told an automotive conference.

PAICE HYPERDRIVE CAN MEET AUTO GOALS
FOR COST, PERFORMANCE, FUEL ECONOMY AND EMISSIONS

The Paice Corporations breakthrough Hyperdriveä powertrain can meet goals for automotive affordability, performance, fuel economy and emissions better than any hybrid system known today, its developer recently told an automotive conference.

Hyperdrive can power all types of cars and light trucks and meet all of the needs of motorists, automakers and the public for the foreseeable future without exotic new technology or higher costs, said Ted Louckes, Paices chief operating officer, speaking at the 2002 Global Powertrain Congress.

We have demonstrated that Hyperdrive will improve the fuel economy of cars and light trucks by 50 percent, on average, with equal or better driving performance," he said. It will also reduce exhaust emissions to negligible levels."

Hyperdrive systems can be designed with virtually any type of gasoline- or diesel-fueled internal combustion engine, said Louckes, who joined Paice after a 40-year career at General Motors, where he was chief engineer of the Oldsmobile Division.

Hyperdrive systems can also make other alternate fuels such as ethanol and natural gas more practical, and they can burn hydrogen if a fueling system becomes available, he added.

For long-range future technologies such as fuel cells, Hyperdrive technology is fully compatible and represents a natural evolutionary step," he said. If a hydrogen economy becomes feasible, Paice will be ready to assist in its success by providing highly-efficient and cost-effective power electronics, energy storage systems, traction components, and also well-proven control hardware and software."

Another attribute of the Hyperdrive that no other hybrid system can provide is that its fuel economy gets better as city traffic becomes more congested with slower average speed, more starts and stops, and more time at rest. This is a complete reversal to what we see today," he noted.

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Paice Corporation has created, tested and patented Hyperdrive, a unique gasoline-electric hybrid powertrain system for cars and light trucks. The company has offices in Silver Spring, MD, and an engineering center in Livonia, MI. Additional information is available at www.paice.com.

Company Contact:

Nat Adamson
Paice Corporation
734.464.2222
nadamson@paice.com

Media Contacts:

Jack Harned or Laura Oliveto
AutoCom Associates
248.647.8621
jharned@usautocom.com
loliveto@usautocom.com