Pompano Beach, FL, October 2, 2013. Cyclone Power Technologies (OTCQB: CYPW) announced that it has received notice of patent approval in Russia for its waste energy recycling engine known as the WHE[C]. This is Cyclone's second patent in Russia and 33rd overall patent for its all-fuel green engine technology.
The WHE is designed for distributed waste-to-power systems that can be located directly at the site of both waste generation and power requirements. This compact and scalable engine converts heat - typically exhausted and wasted from furnaces, methane flares, incinerators, gasifiers and other devices - into power that can run electric generators, water pumps and compressors. Cyclone is actively pursuing plans to commercialize the WHE, which includes a key development partnership with Ohio State University.
"This patent in Russia comes at an excellent time for Cyclone and its shareholders as we prepare for production and seek strategic business opportunities worldwide for these engines. We believe that Cyclone can position the WHE to be a dominant product for the global micro-grid waste-to-power market in the coming years, and protecting the proprietary nature of our technology is important to this long-term strategy," stated Christopher Nelson, President of Cyclone and Managing Director of the company's WHE division.
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 http://www.cyclonepower.com/.
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Christopher Nelson, President
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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