POMPANO BEACH, FL -- (Marketwired) -- 06/04/13 -- Cyclone Power Technologies (OTCQB: CYPW), developer of the all-fuel, clean-tech Cyclone Engine, announced that it has received notice of patent approval in China for its waste energy recycling engine known as the WHE©. The patent comes at a key time when Cyclone is actively pursuing its plans to commercialize this green engine technology through a manufacturing joint venture, a development agreement with Ohio State University and other major teaming and sales agreements.
Cyclone is positioning the WHE to be a dominant product for the global micro-grid waste-to-power market. Such waste-to-power systems utilizing the highly scalable WHE can be palletized and located directly at the site of both waste generation and shaft power requirements. WHE engines can run off raw heat sources, meaning that no gas scrubbing is required (as in internal combustion engines), and diversity of feedstock does not affect the engine. Potential heat sources for the WHE are vast, including biomass and waste fuel furnaces, methane flares, gasifiers, pyrolyzers and even fuel cells. WHE engines can run any number of devices, including electric generators, water pumps and compressors.
Christopher Nelson, President of Cyclone and Managing Director of the company's WHE division, commented: "This patent in China comes at an excellent time for Cyclone and its shareholders as we enter production mode for this engine, and seek business opportunities for this product worldwide. We have received tremendous demand for our products in China and the rest of Asia, which has great need for micro-grid power solutions utilizing waste and renewable fuel sources. There's also a tremendous amount of investment funding in that region for new technologies that can increase energy efficiencies and utilize waste products on a distributed basis. Our WHE is a perfect candidate for these opportunities."
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 Chairman 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 minimizing the release of greenhouse gases and irritating pollutants into the air. The Cyclone Engine was recognized by Popular Science Magazine as the Invention of the Year for 2008, and was presented with two Society of Automotive Engineers' AEI Tech Awards. Additionally, Cyclone was named Environmental Business of the Year by the Broward County Environmental Protection Department. For more information, visit www.cyclonepower.com.
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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.
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