Monday, January 31, 2011

Fallbrook Technologies, TRW In MOU

San Diego-based Fallbrook Technologies said this morning that it is in a memorandum of understanding (MOU) with TRW Automotive U.S>, covering the exploration of its technology for commercial vehicles. Fallbrook said that the two will explore development of applications for Fallbrook's technology for commercial vehicle,s specifically aimed at system performance and efficiency of vehicles. No financial details of the MOU were given.

---