POMPANO BEACH, Fla., July 30, 2007 (PRIME NEWSWIRE) -- Cyclone Power Technologies Inc. (Pink Sheets:CYPW) announced today a material advancement in the design and production of the patent-pending condenser unit on its Green Revolution Engine(tm). New dyes and stamps created by the company now allow for a "stacked plate" design of the component, leading to quicker and cheaper production.
"This recent advancement in the manufacturing process of our condenser unit will mean quicker turn-around and reduced research and development costs for us, and ultimately, reduced production costs for the end manufacturers of our engine," said Harry Schoell, Cyclone's President and CEO.
The Cyclone condenser has a cylindrical design with over four times the surface space of a radiator found on a comparable internal combustion engine. This additional area is critical for the operation of the Green Revolution Engine(tm) which traps and recycles up to 30% of its own heat, thus making it more efficient at burning fuel than traditional IC engines. And unlike an IC engine, Cyclone's Green Revolution Engine(tm) is capable of burning any liquid or gaseous fuel, including but not limited to gasoline, diesel, ethanol or propane.
Cyclone's Green Revolution Engine(tm) is expected to cost less to manufacture, operate and maintain than a traditional internal combustion engine; however, it is highly scalable and sufficiently powerful for applications ranging from lawn equipment and small home generators, to cars, trucks, buses, and ships, as well as earth moving equipment and locomotives.
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(tm) 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(tm) 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.