Cycle Sport Dev

Original Question:
When I'm climbing a steep hill, usually standing, always pressing hard, and always in my lowest gear (or is it highest?) my front chainring "slips out-of and around" the chain. It feels as if I'm pushing so hard that the teeth of the chainring simply push their way out of the links of the chain. When this happens I instantaniously have no resistance on the pedals, I always loose my balance, usually have to dismount, and sometimes fall. It also makes a lot of noise, so that when I do fall everyone sees it!!

Solution:
My front chainring was installed backwards! There was only the slightest of difference between the "right side" and "wrong side". Once I flipped the ring over it solved the problem.