VanDyne SuperTurbo™ Wins the Frost & Sullivan 2012 Automotive Powertrain New Product Innovation Award
November 14, 2012
Ft. Collins, CO – November 14, 2012 – VanDyne SuperTurbo, Inc. has announces that they are proud to receive the 2012 North American New Product Innovation Award in the Automotive Powertrain Market, based on the findings of the Best Practices research of Frost & Sullivan.
“The most innovative factor of the VanDyne SuperTurbo is that it mechanically controls the speed ratio between the engine and the turbine or the compressor wheels. VanDyne has developed a proprietary high speed drive system that provides efficient and reliable torque transfer on and off high-speed rotating parts. When combined with the Continuously Variable Transmission (CVT), the engine management system (EMS) can develop or generate the desired boost pressure at any engine speed.” said the analyst from Frost & Sullivan.
VanDyne SuperTurbo, Inc. has also increased its funding from $8 to $10 million from Northwater Capital’s Intellectual Property Fund. Proceeds from the financing will speed up the commercialization of the Heavy Duty SuperTurbo™ for On-Highway Trucks and construction equipment. “Thanks to Northwater we are going to be able to take the SuperTurbo from a prototype into a retrofit product in the next two years” said Ed VanDyne, Founder and Chief Executive Officer of the Company. “This round of funding will allow the company to put the SuperTurbo through the rigorous durability testing required by the trucking industry”.
The VanDyne SuperTurbo technology integrates the functions of supercharging and turbocharging into a single device, by combining high efficiency turbomachinery with its own dedicated CVT transmission. This combination allows a third function called turbocompounding, which increases the efficiency of an engine from the collection of waste heat energy in the exhaust pipe. The SuperTurbo promises to deliver up to 6% efficiency gains to On-Highway Heavy Duty Trucks.
About Frost & Sullivan – Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company’s Growth Partnership Service provides the CEO and the CEO’s Growth Team with disciplined research and best-practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents. To join our Growth Partnership, please visit www.frost.com
About Northwater Intellectual Property Fund – Northwater Intellectual Property Fund is managed by Northwater Capital Management Inc., a leading, privately held, investment management company. Northwater focuses on investments in intellectual property and intellectual property-rich companies. Northwater provides financing, counsel and connectivity to its portfolio of intellectual property investments to speed their projects to market and to defend their protected space. For more information please visit www.NorthwaterCapital.com
About VanDyne SuperTurbo, Inc. – VanDyne SuperTurbo™, headquartered in Fort Collins, Colorado, specializes in the design, development and production of SuperTurbochargers for the global automotive and truck markets. A SuperTurbo™ offers the most cost effective solution to meeting fuel efficiency regulations and reducing green house gas emissions.