VeriTran, Inc. Company Overview VeriTran was founded by the inventors of our patented concept for infinitely variable transmissions and power trains.

VeriTran, Inc. is a strategic partner of Team Technologies Inc.

VeriTran's Business Plan:

• Near-term product development of variable speed electric motor drives
  A joint activity with our strategic partner for prototyping, Team Technologies Inc.
  
• Focused application efforts for systems requiring large start-up torques and frequent stops/starts
  Examples: conveyors, compressors, pumps
• Form strategic partnerships with key players in these application markets

Corporate Growth Plan:

• Form strategic partnerships to continue product development over an expanded range of performance requirements
  
  Distributed Generation - variable engine speed generators
  
  Renewable Energy - small (10-50 kW) grid tie wind turbines
  
  Sport vehicle transmissions - high performance transmissions for ATVs, snowmobiles, other sport vehicles
  
  Automotive Applications - continuously variable transmissions for large horsepower autos (SUVs, pick-ups, mini-vans)