Algae Biofuel Companies

[grajekk]

NEWS --

POMPANO BEACH, Fla., Sep 22, 2009 (BUSINESS WIRE) -- Cyclone Power Technologies
(Pink Sheets:CYPW) received the "Algaepreneur 2009 Award" at the National Algae
Association Conference, held last week in Houston, TX.

The Algaepreneur Award honors companies and individuals who make important
contributions to the development and commercialization of algae-based fuels. It
is usually bestowed on algae fuel producers and marketers; however, Cyclone is
the first honoree of the award outside these fields. The National Algae
Association (NAA) is the leading trade organization for algae researchers,
producers and financiers.

Cyclone received the NAA award for its heat regenerative, Rankine cycle engine,
an efficient and earth-friendly modern steam engine capable of running on
virtually any fuel, including today's most promising biofuels. In tests
performed by the company earlier this year, the Cyclone engine's fuel atomizers
and combustion chamber successfully burned several different variations and
grades of the same strain of algae fuel without engine modification and, equally
important, without expensive processing of the fuel. It is this adaptability in
utilizing algae fuels, as well as other renewable and traditional fossil fuels,
to power generators, automobiles and virtually any other engine application in
the near future which marks a major milestone for the industry.

Recently, major corporations such as Chevron and ExxonMobil have made large
investments in algae fuel production, and Continental Airlines has demonstrated
algae as a usable fuel for jet planes. Algae can be processed to produce a
carbon neutral oil-based fuel which can be grown almost anywhere without
competing with worldwide food supplies.

Cyclone was also featured on Channel 39 News (Houston) during the conference, a
video of which can be viewed on the company's website at:
http://www.cyclonepower.com/video.html.

CORPORATE PROFILE

Cyclone Power Technologies is the developer of the award-winning Cyclone Engine
-- an eco-friendly external combustion engine with the power and ve rsatility to
run everything from portable electric generators and garden equipment to cars,
trucks and locomotives. Invented by company founder and CEO Harry Schoell, the
patented Cyclone Engine is a modern day steam engine, ingeniously designed to
achieve high thermal efficiencies through a compact heat-regenerative process,
and to run on virtually any fuel - including bio-diesels, syngas or solar -
while emitting fewer greenhouse gases and irritating pollutants into the air.
Currently in its late stages of development, the Cyclone Engine was recognized
by Popular Science Magazine as the Invention of the Year for 2008, and was
presented with the Society of Automotive Engineers' AEI Tech Award in 2006 and
2008. Additionally, Cyclone was recently named Environmental Business of the
Year by the Broward County Environmental Protection Department. For more
information, visit www.cyclonepower.com.

Safe Harbor Statement

Certain sta tements in this news release may contain forward-looking information
within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6
under the Securities Exchange Act of 1934, and are subject to the safe harbor
created by those rules. All statements, other than statements of fact, included
in this release, including, without limitation, statements regarding potential
future plans and objectives of the company, are forward-looking statements that
involve risks and uncertainties. There can be no assurance that such statements
will prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. The company cautions that
these forward-looking statements are further qualified by other factors. The
company undertakes no obligation to publicly update or revise any statements in
this release, whether as a result of new information, future events or
otherwise.

SOURCE: Cyclone Power Technologies



CONTACT:
For Cyclone Power Technologies, Pompano Beach
Media Contact
Will Wellons, 407-462-2718
[e-mail]
or
Company Contact
Frankie Fruge, 954-943-8721
[e-mail]