Cyclone Power Technologies, Inc. (fka CYPW)

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http://www.marketwatch.com/story/cyclone-power-technologies-completes-engine-delivery-to-raytheon-company-2012-06-04

POMPANO BEACH, FL, Jun 04, 2012 (MARKETWIRE via COMTEX) -- Cyclone Power Technologies Inc. (otcqb:CYPW) (pinksheets:CYPW), developer of the all-fuel, clean-tech Cyclone Engine, announced today that it has fulfilled its contract with Raytheon Integrated Defense Systems (IDS), a business of Raytheon Company. The Company has delivered to Raytheon IDS two Cyclone MR-36 Engines which have been received and accepted by the customer.

Harry Schoell, CEO of Cyclone, commented: "We're happy to have completed this important contract for our customer, Raytheon IDS, within the budget and timeframe allotted. This is a major milestone we have achieved for Cyclone and its shareholders. We thank the strong team at Raytheon for the support they provided along the way, and hope to continue our work with them in the near future."

About Cyclone Power Technologies Cyclone Power Technologies is the developer of the award-winning Cyclone Engine -- an all-fuel, clean-tech engine with the power and versatility to run everything from waste energy electric generators and solar thermal systems to cars, trucks and locomotives. Invented by company founder and CEO Harry Schoell, the patented Cyclone Engine is an eco-friendly external combustion 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 .