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Cyclone Power Technologies to Present Its Small-Scale Waste Heat Recovery System at Power-Gen International

^{Published on 2010-12-08 08:25:40 - Market Wire}
 

POMPANO BEACH, Fla.--([ BUSINESS WIRE ])--[ Cyclone Power Technologies ] (Pink Sheets: CYPW) will present its small-scale waste heat recovery system at the Power-Gen International conference, December 14-16 in Orlando, FL.

"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"

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.

aWe know that there is a huge market for waste heat recovery systems in the size and heat input range of the WHE-Gen 10,a stated Christopher Nelson, Executive Vice President of Cyclone and Managing Director of its waste heat operations. aWe look forward to meeting with potential distributors and manufacturers at Power-Gen International, who can provide worldwide sales coverage for these much needed renewable power units.a

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 ]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.