(CYPW) Cyclone Power Technologies Successfully Tests Engine That Runs on Waste or Solar Heat
POMPANO BEACH, FL, Oct 22, 2007 (MARKET WIRE via COMTEX) -- Cyclone Power Technologies, Inc. (PINKSHEETS: CYPW) announced today that it has successfully tested its patent-pending Waste Heat Engine (WHE), a unique technology off-shoot of the Green Revolution Engine(TM).
This event marks the initial mechanical operation of the company's prototype WHE. The engine experienced immediate start-up, and ran continuously under variable pressures and RPM. Under these test conditions, the engine's patent-pending and highly unique valve mechanism -- a critical component in the uni-flow, zero-clearance design of the WHE -- also performed successfully.
The WHE is a self-starting, external combustion engine that operates in a low pressure, low temperature range. This feature allows the engine to run on waste heat emanating from an external source, such as the exhaust from an internal (or external) combustion engine, or the direct burning of biomass (i.e., processing garbage into methane is not required). The WHE is also designed to run efficiently on solar heat without the installation of costly photovoltaic panels.
"These initial tests show that the WHE can perform efficiently under very low-pressure," stated inventor and Cyclone's CEO, Harry Schoell. "The commercial possibilities for this are immense, such as boosting the power and efficiency of industrial generators, or providing a renewable source of electricity for homes and businesses."
Mr. Schoell predicts that the WHE's solar applications could provide electricity to a home at one-fifth the cost of comparable photovoltaic panel systems, and could be in commercial production as early as 2008.
CORPORATE PROFILE
Cyclone holds the U.S. patent, international patent applications, and exclusive commercial rights to the Green Revolution Engine(TM), an environmentally friendly and highly efficient external combustion, heat-regenerative engine. Developed by Cyclone's President and CEO, Harry Schoell, the Cyclone engine regenerates (or recycles) its heat, which allows it to run cleaner, cooler and more efficiently than traditional internal combustion engines. The Green Revolution Engine is capable of running on any liquid or gaseous fuel, including ethanol, bio-diesel and propane. The company also recently filed a patent application for its Waste Heat Engine, a low-pressure engine capable of running on heat emitted from external sources, including the waste exhaust of a power generator or renewable solar power. Both these engines are lubricated with de-ionized water instead of motor oil, and by eliminating many subsystems like oil pumps, radiators, catalytic converters and fuel injectors, the Cyclone engines are expected to cost less to manufacture, operate and maintain. The Green Revolution Engine in particular is highly scalable and sufficiently powerful for applications ranging from lawn equipment and small home generators, large stand-alone generators, to cars, trucks, buses, RVs, boats and ships, as well as earth moving equipment and locomotives.
Safe Harbor Statement
This release contains certain "forward-looking" statements, as well as historical information, involving risks and uncertainties, which are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Although we believe that the expectations reflected in these forward-looking statements are reasonable, we can give no assurance that the expectations reflected in these forward-looking statements will prove to be correct. Forward-looking statements include those that use forward-looking terminology, such as the words "anticipate," "believe," "estimate," "expect," "intend," "may," "project," "plan," "will," "shall," "should," and similar expressions, including when used in the negative. Although we believe that the expectations reflected in these forward-looking statements are reasonable and achievable, these statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. Additionally, the company's actual or future results may differ materially from those anticipated depending on a variety of factors, including continued acquisition and maintenance of favorable license arrangements, success of market research identifying new product opportunities, successful introduction of new products and continued product innovation, sales and earnings growth, and general economic conditions. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. All forward-looking statements attributable to us are expressly qualified in their entirety by these and other factors. Cyclone Power Technologies does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results, reflect events or circumstances or to changes in its expectations, except as may be required by law.
Contact:
Ann Staples
Cyclone Power Technologies, Inc.
601 NE 26th Ct.
Pompano Beach, FL 33064
954-943-8721
SOURCE: Cyclone Power Technologies, Inc.
Copyright 2007 Market Wire, All rights reserved.
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SUBJECT CODE: Automotive:Parts and Accessories
Energy and Utilities:Alternative Energy
Energy and Utilities:Equipment
Manufacturing and Production:Machinery and Tools
Environment:Air Pollution Control
Environment:Natural Resource Management
Energy and Utilities:Oil and Gas
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