Cyclone Power Technologies, Inc. (fka CYPW)

[BuddyWhazhizname]

Deja vu all over:

March 17, 2010 10:30 AM Eastern Daylight Time

POMPANO BEACH, Fla.--(BUSINESS WIRE)--Cyclone Power Technologies Inc. (Pink Sheets: CYPW) has signed a letter of intent with Unified Fuels LLC of Foley, Alabama regarding the co-development and systems integration of Cyclone’s heat-regenerative external combustion engines.

“This is an interesting application for our technology in a very important field of converting waste to usable fuel and power”

Under the LOI, Cyclone and Unified will perform certain business and technological feasibility studies related to using Cyclone’s Mark V and Waste Heat Engines with Unified’s waste-to-fuel systems. Unified’s process uses a form of destructive distillation in which manipulation of the carbon chains in the biomass occurs with the end resultant being a liquid fuel. The final products of this process are diesel fuel, gasoline, methane and heat. The latter two energy forms, which would otherwise be wasted, can be used in the Cyclone Engines to power Unified’s total system and, possibly, create additional revenue streams for the facility owner.

United Fuels of Foley was one of the companies that inventor Gary Champagne (now CEO of Republic Energy) has started and folded. Their product was a "biorefinery" that made 87 octane gas and diesel fuel from algae, sawdust, coffee grounds, etc. No idea if one was ever built.

Cyclone's non-working engines and Republic Energy's non-working biorefineries. Sounds like a perfect match...