POMPANO BEACH, Fla., Aug. 13, 2007 (PRIME NEWSWIRE) -- Cyclone Power Technologies, Inc. (Pink Sheets:CYPW) announced today that it has acquired a license for SolidWorks(r) 3D CAD software for use in the design of its Green Revolution Engine(tm).
Cyclone expects the software will help expedite the development cycle of its revolutionary technology, thereby getting engines to the commercial market sooner. SolidWorks software is proven across a broad range of industries for just that purpose -- allowing product designers and manufacturers to get quality products to market faster and at a lower cost.
"Having the ability to create 3D model design in a much shorter period of time will allow us to move ahead at an accelerated rate, saving us valuable time and money," said Cyclone's Chief Design Engineer, Michael Hodgson, who recently completed productivity enhancement training for the software.
Using SolidWorks software, designers can quickly check out various tolerance schemes to ensure that their designs will fit and function properly, coupled with a complete motion simulation and kinematics package, with validation tools to simulate real-world conditions. SolidWorks software is used by many technology and research companies such as Jet Propulsion Labs, General Electric and the U.S. Army Research Lab.
"It's gratifying to learn that engineers are relying on SolidWorks software to design environmentally friendly products," said Rainer Gawlick, vice president of worldwide marketing at SolidWorks Corporation. "Cyclone Power Technologies is a company we're thrilled to support as they use their engineering ingenuity to design great products that help solve global issues."
About Cyclone
Cyclone holds the U.S. patent, international patent applications, and exclusive commercial rights to the Green Revolution Engine(tm), an environmentally-friendly and highly-efficient external combustion, heat-regenerative engine. Developed Cyclone's President and CEO, Harry Schoell, the Green Revolution Engine regenerates (or recycles) its heat, which allows it to run cleaner, cooler and more efficiently than traditional internal combustion engines. It is capable of running on any liquid or gaseous fuel, including ethanol and propane, and is lubricated with de-ionized water instead of motor oil. By eliminating many subsystems like oil pumps, radiators, catalytic converters and fuel injectors, Cyclone's Green Revolution Engine is expected to cost less to manufacture, operate and maintain; however, it is highly scalable and sufficiently powerful for applications ranging from lawn equipment and small home generators, large stand alone generators, to cars, trucks, buses, RV's, boats and ships, as well as earth moving equipment and locomotives.
Safe Harbor Statement
This release contains certain "forward-looking" statements, as well as historical information, involving risks and uncertainties, which are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Although we believe that the expectations reflected in these forward-looking statements are reasonable, we can give no assurance that the expectations reflected in these forward-looking statements will prove to be correct. Forward-looking statements include those that use forward-looking terminology, such as the words "anticipate," "believe," "estimate," "expect," "intend," "may," "project," "plan," "will," "shall," "should," and similar expressions, including when used in the negative. Although we believe that the expectations reflected in these forward-looking statements are reasonable and achievable, these statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. Additionally, the company's actual or future results may differ materially from those anticipated depending on a variety of factors, including continued acquisition and maintenance of favorable license arrangements, success of market research identifying new product opportunities, successful introduction of new products and continued product innovation, sales and earnings growth, and general economic conditions. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. All forward-looking statements attributable to us are expressly qualified in their entirety by these and other factors. Cyclone Power Technologies does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results, reflect events or circumstances or to changes in its expectations, except as may be required by law.