Wednesday, January 06, 2010 9:21:23 AM
NEWS --
POMPANO BEACH, Fla., Jan 06, 2010 (BUSINESS WIRE) -- Cyclone Power Technologies
Inc. (Pink Sheets: CYPW) has released new video demonstrating the economic and
environment benefits of utiliz ing its heat-regenerative, external combustion
engines to power waste energy recovery applications.
Cyclone's Waste Heat Engine (WHE) is designed to power a grid-tied or
stand-alone waste energy recovery system capable of generating between 1kW and
1MW of electricity. The patented piston-based engine captures 600F to 2000F of
excess wasted heat from sources such as engine exhaust, commercial ovens,
industrial furnaces and landfill flares. The Company is currently completing
extensive testing of the WHE and expects to place smaller units into production
later this year.
"We believe that our WHE systems can fill an enormous gap in the waste energy
recovery industry -- namely small and medium sized businesses with low to medium
quality excess wasted heat," stated Cyclone's CEO, Harry Schoell. "We believe
that our WHE units are the only truly viable options for facilities as small as
restaurants, to medium-sized industrial furnaces, foundries and gas flares."
According to industry studies, such facilities comprise 20% or more of the
nation's total waste heat resources.
The Company's WHE systems produce electricity from heat (thermal energy) that is
otherwise lost into the atmosphere through tail pipes, smoke stacks, exhaust
flues and flares. According to the US Clean Heat and Power Association, combined
heat and power (CHP) and waste heat recovery processes like these currently:
-- Save business owners over $5 billion/year in energy costs;
-- Reduce emissions of NOx by 400,000 tons/year and SO2 by 900,000 tons/year;
and
-- Prevent the release of 35 million tons of CO2 equivalent into the atmosphere.
Cyclone believes that the installation of its WHE systems can also drive
investment and create jobs. According to the U.S. Department of Energy, if the
U.S. were to increase its use of CHP and waste heat recovery systems to generate
20% of its el ectricity by 2030, it would spur $234 billion in private investment
and create 1 million jobs.
To view Cyclone's new video demonstration, visit:
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 versatility 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 Magazi ne 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 statements 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:
Cyclone Power Technologies
Media Contact:
Will Wellons, 407-462-2718
will@wellonscommunications.com
or
Company Contact:
Frankie Fruge, 954-943-8721
Frankie@cyclonepower.com
Copyright Business Wire 2010
-0-
KEYWORD: United States
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Florida
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Alternative Energy
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&nbs p; Technology
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Hardware
Other Technology
Transport
Air
Rail
Trucking
&nb sp; Other Transport
Manufacturing
Automotive Manufacturing
Chemicals/Plastics
Engineering
Steel
Other Manufacturing
Natural R esources
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Mining/Minerals
Other Natural Resources
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Urban Planning
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Other Defense
Nuclear
Research
Other Science
Construction & Property
Commercial Building & Real Estate
Residential Building & Real Estate
Gene ral Automotive
Science
POMPANO BEACH, Fla., Jan 06, 2010 (BUSINESS WIRE) -- Cyclone Power Technologies
Inc. (Pink Sheets: CYPW) has released new video demonstrating the economic and
environment benefits of utiliz ing its heat-regenerative, external combustion
engines to power waste energy recovery applications.
Cyclone's Waste Heat Engine (WHE) is designed to power a grid-tied or
stand-alone waste energy recovery system capable of generating between 1kW and
1MW of electricity. The patented piston-based engine captures 600F to 2000F of
excess wasted heat from sources such as engine exhaust, commercial ovens,
industrial furnaces and landfill flares. The Company is currently completing
extensive testing of the WHE and expects to place smaller units into production
later this year.
"We believe that our WHE systems can fill an enormous gap in the waste energy
recovery industry -- namely small and medium sized businesses with low to medium
quality excess wasted heat," stated Cyclone's CEO, Harry Schoell. "We believe
that our WHE units are the only truly viable options for facilities as small as
restaurants, to medium-sized industrial furnaces, foundries and gas flares."
According to industry studies, such facilities comprise 20% or more of the
nation's total waste heat resources.
The Company's WHE systems produce electricity from heat (thermal energy) that is
otherwise lost into the atmosphere through tail pipes, smoke stacks, exhaust
flues and flares. According to the US Clean Heat and Power Association, combined
heat and power (CHP) and waste heat recovery processes like these currently:
-- Save business owners over $5 billion/year in energy costs;
-- Reduce emissions of NOx by 400,000 tons/year and SO2 by 900,000 tons/year;
and
-- Prevent the release of 35 million tons of CO2 equivalent into the atmosphere.
Cyclone believes that the installation of its WHE systems can also drive
investment and create jobs. According to the U.S. Department of Energy, if the
U.S. were to increase its use of CHP and waste heat recovery systems to generate
20% of its el ectricity by 2030, it would spur $234 billion in private investment
and create 1 million jobs.
To view Cyclone's new video demonstration, visit:
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 versatility 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 Magazi ne 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 statements 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:
Cyclone Power Technologies
Media Contact:
Will Wellons, 407-462-2718
will@wellonscommunications.com
or
Company Contact:
Frankie Fruge, 954-943-8721
Frankie@cyclonepower.com
Copyright Business Wire 2010
-0-
KEYWORD: United States
North America
Florida
INDUSTRY KEYWORD: Building Systems
Energy
Alternative Energy
Coal
Oil/Gas
Utilities
Other Energy
&nbs p; Technology
Electronic Design Automation
Hardware
Other Technology
Transport
Air
Rail
Trucking
&nb sp; Other Transport
Manufacturing
Automotive Manufacturing
Chemicals/Plastics
Engineering
Steel
Other Manufacturing
Natural R esources
Forest Products
Mining/Minerals
Other Natural Resources
Automotive
Urban Planning
Environment
Defense
Other Defense
Nuclear
Research
Other Science
Construction & Property
Commercial Building & Real Estate
Residential Building & Real Estate
Gene ral Automotive
Science
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