WGOV Woodward Governor Company (MM)

FORT COLLINS, Colo., Aug. 16 /PRNewswire/ -- VanDyne SuperTurbo, Inc. announced today that it has signed a contract with Cummins Inc. (NYSE: CMI) to develop more fuel-efficient Class 8 trucks using VanDyne SuperTurbochargers.  The agreement is part of the Super Truck program, a cost-sharing initiative between the Department of Energy (DOE) and the private sector.

Under the agreement, Cummins and VanDyne together, will work to develop a VanDyne SuperTurbocharger for a Cummins engine.  This American-made technology captures waste heat in the exhaust and adds it back on top of the engine's power.  Thereby the technology increases both fuel efficiency and horsepower in internal combustion engines.  If successful, the agreement may result in VanDyne SuperTurbochargers going into high volume production in the future. 

"It is an honor to be working together with Cummins on this DOE initiative," said Ed VanDyne, founder and CEO of VanDyne SuperTurbo, Inc.  "As an American company, we're proud to have developed this groundbreaking technology that we believe will be a major contributor to saving money in the trucking industry, while helping save the planet."

Cummins was awarded $39 million under the SuperTruck program to specifically develop more fuel efficient Heavy Duty Class 8 trucks.  The goal is to improve vehicle freight efficiency by 50 percent through advanced and highly efficient engine systems and vehicle technologies that meet prevailing emissions and safety requirements.  Every facet of energy consumption of a Class 8 tractor and trailer will be addressed through the development and integration of advanced technologies.

The VanDyne SuperTurbocharger works by combining a turbocharger with its own CVT transmission to increase fuel efficiency and horsepower while reducing CO2 emissions.  Additionally, the SuperTurbocharger is a product that has the low-end torque of a supercharger, even higher power than a turbocharger, together with the efficiency gains of turbo-compounding, all in one device.

"Exploration of the VanDyne technology is an exciting complement to Cummins technologies portfolio to provide greater vehicle fuel economy and improved driveability," said Don Stanton, Principal Investigator for Cummins Super Truck program. "Our collaboration with VanDyne SuperTurbo exemplifies Cummins commitment to provide innovative engine technologies to meet fuel efficiency demands of the trucking industry."

"By investing Recovery dollars in next generation fuel efficient trucks here at home, we're not only creating new job opportunities now, but helping lay a new foundation to keep American auto manufacturers competitive in the 21st century global marketplace," said Vice President Joe Biden.  "Through strategic public-private investments like these, the Recovery Act is helping lay the groundwork for an expansion of our clean energy economy."

The Super Truck program is part of the American Recovery and Reinvestment Act designed to ensure innovation and technology development in America at both small and large companies. 

VanDyne SuperTurbo was spun out of Industrial and Aircraft company Woodward Governor Company (Nasdaq: WGOV) in September of 2009. 

"Our technology allows manufacturers of internal combustion engines to meet their CO2 reduction targets without changing that much in their vehicles," said Ed VanDyne.  "We also have the ability to support future engine platforms in hybrids to further improve total vehicle energy efficiency."

VanDyne SuperTurbo, Inc. is a technology company specializing in the design, development and production of SuperTurbochargers for the global automotive market and for heavy duty engine manufacturers.  A SuperTurbocharger is a transmission driven turbocharger, which can function as a supercharger or a turbo compounder that recovers waste heat that is added to engine power.

SOURCE VanDyne SuperTurbo, Inc.