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Cyclone Power Technologies Successfully Powers-UpSmall-Scale Waste Heat Recovery Pilot

^{Published on 2010-12-14 06:30:37 - Market Wire}
 

POMPANO BEACH, Fla.--([ BUSINESS WIRE ])--[ Cyclone Power Technologies ] (Pink Sheets: CYPW) has completed the installation and successfully powered-up its initial waste heat power generator at the facility of its customer, [ Bent Glass Design ]. The event marks an important milestone for Cyclone, as well as demonstrating the viability of small-scale waste heat recovery as a clean, renewable power source capable of off-setting fossil fuel consumption and greenhouse gas emissions.

"We are pleased to be part of this historic project, and look forward to working with the Cyclone team to study the WHE-GEN system in operation at our plant."

Cyclonea™s waste heat power generator a" called the WHE-GEN-10 a" utilizes the companya™s scalable piston-based waste heat engine (WHE)to power an electric generator, up to 10kW per unit. This first WHE-GEN-10 is currently converting exhaust heat from Bent Glass Designa™s furnace into grid-tied electric power. When fully optimized, this alternative power source can help reduce peak electricity usage and corresponding demand charges at industrial facilities.

aOur system captured the furnacea™s exhaust heat and powered-up right away,a stated Travis Love, Cyclonea™s Project Engineer in charge of WHE-GEN design and development. aWe plan to conduct extensive thermal and operational testing, data acquisition and system configuration over the next few months, while we analyze its performance in real world environments.a

Small-scale waste heat recovery has been an elusive goal since the 1970s, primarily because the turbines capable of powering these systems required massive amounts of thermal energy to be cost effective. The WHE-GEN-10 is designed to provide an efficient, revenue producing green power system for tens of thousands of smaller industrial facilities in the U.S. and around the world.

aAs a company, we are committed to working towards greener, more efficient energy practices,a stated Andrew Lerner, Vice President of Bent Glass Design. aWe are pleased to be part of this historic project, and look forward to working with the Cyclone team to study the WHE-GEN system in operation at our plant.a

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.