POMPANO BEACH, Fla., Aug. 23, 2007 (PRIME NEWSWIRE) -- Cyclone Power Technologies (Pink Sheets:CYPW) announced today that Beacon Equity Research has completed and released a research report on the company. Compiled by Lisa Springer, CFA, the report rated Cyclone a Speculative Buy with a target share price of $1.82.
The full report is available at http://www.BeaconEquityResearch.com
In the report, the analyst writes, "Cyclone Power Technologies Inc. (CYPW), based in Florida, designs and licenses green engine technology. The Company has recently completed its initial research and design of a new, environmentally friendly engine known as the Green Revolution Engine(tm). Its patented Cyclone Engine is a multi-fuel capable, highly efficient external combustion, heat-regenerative engine. The Company has one U.S.-issued patent on the engine and a total of 48 patents pending in the U.S. and around the world on this engine and its components."
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 by 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, RVs, boats and ships, as well as earth moving equipment and locomotives.
About Beacon Equity Research
Beacon Equity Research is committed to producing the highest quality investment research, and helping investors make informed decisions. Our focus is primarily on the underserved small cap market, which has traditionally been shunned by Wall Street. We have no investment banking or consulting relationships with the companies we cover, removing an inherent conflict of interest typically found in most research firms. The companies we feature have agreed to enroll in our research program for a set period and have also agreed to pay an upfront fee to defray the costs of research, publishing and distribution. Our analysis and conclusions are therefore made independently from outside pressures. We seek to explore every pertinent aspect of a company's business and make investors fully aware of the potential risks and rewards involved with the company's stock. All of our reports are co-authored and approved by a Chartered Financial Analyst (CFA), one of the most prestigious designations in the securities industry. As a CFA holder, our analysts are bound by the AIMR code of ethics.
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.