Cyclone Power Technologies, Inc. (fka CYPW)

[Mean Weimaraner]

3R’s facility in China is producing the boiler and their transition to the combined heat and power systems is expected by August for the 40KW units and December for the 300KW boiler.

The Mark 1 Engine is on the steam generator at Cyclone's facilities in Pompano and is undergoing the testing hours necessary prior to our engineers going to Mexico for the final assembly. This is scheduled for mid to late August.

Our original decision to file unaudited financial was based on lack of immediate funds. However, due to increased business and contracts we are now able to file audited financial reports in order to keep our current listing.

The contracts with Hateley & Hampton PC (attorneys) and Anton Chia LLP (auditors) have both been signed and paid in full. All reports are estimated to be released and filed within the next 6 weeks.