NEWS --
POMPANO BEACH, Fla., Dec 08, 2010 (BUSINESS WIRE) -- Cyclone Power Technologies
(Pink Sheets: CYPW) will present its small-scale waste heat recovery system at
the Powe r-Gen International conference, December 14-16 in Orlando, FL.
The WHE-Gen 10 prototype to be unveiled at Power-Gen provides up to 10kW of
renewable power per unit from the waste heat of small industrial furnaces,
ovens, kilns and flares. This is the first system of its size that can provide
facility owners with an attractive financial payback by creating electricity
from otherwise wasted thermal energy. Multiple units can be coupled together to
provide up to 100kW of green power, and modified systems are being designed to
run off the exhaust of diesel engines and turbines, as well as biomass
combustion.
"We know that there is a huge market for waste heat recovery systems in the size
and heat input range of the WHE-Gen 10," stated Christopher Nelson, Executive
Vice President of Cyclone and Managing Director of its waste heat operations.
"We look forward to meeting with potential distributors and manufacturers at
Power-Gen Intern ational, who can provide worldwide sales coverage for these much
needed renewable power units."
A limited number of WHE-Gen 10 beta units are available for installation in
pilot sites, such as the one Cyclone is currently conducting with its customer,
Bent Glass Design. Commercial production is expected to commence in 2011. Based
on U.S. Department of Energy statistics, Cyclone estimates that there are well
over $250,000,000 of potential small-scale waste heat installations in the
United States alone that would benefit from a WHE-Gen system.
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 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 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@redletterpr.com
or
Cyclone Contact:
Chris Nelson, 954-943-8721
Info@cyclonepower.com
Copyright Business Wire 2010
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