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Korea Approves Patent on Critical Component of Cyclone Power Technologiesa? Green Engine

^{Published on 2010-06-23 06:21:39 - Market Wire}
 

POMPANO BEACH, Fla.--([ BUSINESS WIRE ])--[ Cyclone Power Technologies ] (Pink Sheets:CYPW) announced today that the Korean Intellectual Property Office has issued a notice of decision to grant the company a patent on the steam generator of its award-winning, heat regenerative external combustion engine.

"This is very rare for such a small unit with such high heat input rates."

The steam generator is a critical component of the eco-friendly Cyclone Engine, as it creates high thermal efficiencies within the engine from the combustion of virtually any fuel, including todaya™s most promising home-grown bio-fuels. The innovative design of this component creates a cyclonic circulation of gases within the enginea™s combustion chamber, thus promoting greater heat saturation relative to the amount of fuel burned. It is also this unique process that gives rise to the enginea™s aCyclonea name.

aThe heat transfer on this unit appears highly advanced and efficient, more than any other heat transfer unit I have studied,a stated George Nutz, a technology advisor to the company who has performed rigorous thermal and stress analysis on the steam generator. aThis is very rare for such a small unit with such high heat input rates.a Mr. Nutz has almost 50 years experience working with external combustion and steam engines, including working as a staff research engineer at MIT Instrumentation Laboratory, part of the Department of Aeronautics and Astronautics.

Cyclone received its first patent in Korea in September 2009 on the total engine system. The current patent allowance marks the ninth international patent for Cyclonea™s engine and components, including one covering the nations of the European Union.

CORPORATE PROFILE

Cyclone Power Technologies is the developer of the award-winning [ Cyclone Engine ]a" 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 Engineersa™ 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.