POMPANO BEACH, FL, November 5, 2013. Cyclone Power Technologies Inc. (OTCQB: CYPW), developer of the all-fuel clean-tech Cyclone Engine, announced today that it has completed the build of its next generation Waste Heat Engine, in conjunction with The Ohio State University’s prestigious Center for Automotive Research (OSU CAR). The model engine, called the WHE-DR, is currently in testing and is expected to be ready to transition into limited production by the end of this year.
The WHE-DR boasts several important advancements over the previous engine model, meant to decrease manufacturing costs and increase operational durability without loss of performance. For instance, the new engine replaces six cylinders with three slightly larger bore cylinders, and utilizes more robust and less complicated admittance and exhaust valving systems, and simplified rod bearing connections. Overall, the WHE-DR has approximately 60% fewer parts than the earlier version. Initial testing has demonstrated significantly smoother and quieter operation, which is expected to result in the successful completion of durability tests over the next two months.
Dr. James H. Durand, Director of Testing, Engineering & Software Development Services at OSU CAR, stated: “We have made great progress in a short period of time, and are very pleased with the resulting engine design of the WHE-DR. We believe this is an engine that will ultimately achieve the reliability and durability expectations of Cyclone and its customers. We feel confident that together with Cyclone’s team we will complete our project goals in the short term.”
“We are very proud of our improved engine. This is a technological and business milestone that must not be understated, as we are fast approaching our transition into phase one manufacturing with our team that we have been preparing in Ohio. For small-scale waste-to-power applications, we believe this product has enormous market potential,” stated Harry Schoell, Chairman and CTO of Cyclone.
OSU CAR is a Columbus-based interdisciplinary research center within The Ohio State University’s College of Engineering. Among other expertise, OSU CAR focuses on advanced engine development, alternative fuels for reduced fuel consumption and emissions, electric and hybrid drivetrains, and advanced battery technology. OSU CAR performs research and analysis for some of the largest automotive OEMs and government agencies in the world.
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 emitting fewer 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 (Florida) Environmental Protection Department. For more information, visit http://www.cyclonepower.com/.
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About OSU CAR
The Ohio State Center for Automotive Research (OSU CAR) is the preeminent research center in sustainable and safe mobility in the United States and an interdisciplinary research center in the College of Engineering. OSU CAR research focuses on: advanced electric propulsion and energy storage systems; advanced engines and alternative fuels for reduced fuel consumption and emissions; intelligent transportation and vehicular communication systems; autonomous vehicles; noise, vibrations, and dynamics; vehicle chassis systems; and vehicle and occupant safety.
About TESS
Testing, Engineering, & Software Development Services (TESS) is a group at The Ohio State University College of Engineering's Center for Automotive Research providing high quality services to industrial clients based on the center's existing expertise and facilities. Primary areas of services include: engine, chassis, battery, and other testing; engineering services and high end engineering and simulation based analyses; and software development services. TESS offers services at competitive rates. For information and quotes contact Jim Durand at [email protected] or 614-688-1137. Visit us online: http://car.osu.edu/facilities/tess.
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.
Company Contact
Christopher Nelson
Tel: 954-943-8721
[email protected]
OSU Contact
Holly Henley, Communications & Marketing
Tel: 614-292-4217
[email protected]