Cyclone Power Technologies Recruits The Ohio State University's Center for Automotive Research
February 06 2013 - 9:10AM
Marketwired
Cyclone Power Technologies Inc. (OTCQB: CYPW), developer of the
all-fuel,
clean-tech Cyclone Engine,
announced today that it has signed an agreement with The Ohio State
University's prestigious Center for Automotive Research (OSU CAR)
to perform design analysis and testing services for the company.
Cyclone has teamed with OSU CAR to assist in the
commercialization of its external combustion engine technology,
specifically the company's Waste Heat Engine (WHE) model. OSU CAR
will initially perform finite element and dynamic stress analysis
of the engine, followed by independent long term durability
testing. Cyclone will utilize Phoenix Power's waste motor oil
combustion chamber / heat exchanger (CCHX) to supply steam to the
system during these tests, which will also allow the team to
document exhaust emissions from the integrated system.
Giorgio Rizzoni, director of OSU CAR and a Ford Motor Company
Chair, stated: "We're pleased to be working with Cyclone on this
very promising new technology. We see the great potential for
utilizing Cyclone engines in the waste-to-energy sector, and are
excited to be part of their development. I believe that our team of
talented engineers and students will be able to add considerable
value to this program."
OSU CAR is a Columbus-based interdisciplinary research center
within The Ohio State University's College of Engineering, which is
located only 30 miles from the site of Cyclone's proposed joint
venture with Precision CNC to manufacture Cyclone engines. 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.
CAR performs research and analysis for some of the largest
automotive OEMs and government agencies in the world. Student teams
housed at OSU CAR have also developed vehicles that have set land
speed records for battery and fuel cell powered electric vehicles
at the Bonneville Salt Flats, in three different categories. Each
of these records has surpassed 300 mph.
Jim Landon, Cyclone's CEO, stated: "We're thrilled to be working
with Dr. Rizzoni and his team at Ohio State Center for Automotive
Research. There is much we believe they can add to the
commercialization and market placement of our engine technology,
including a fresh set of engineering eyes and respected third-party
validation. Their close proximity to our manufacturing partner, as
well as the tremendous value their expertise provides us, makes
this a major step forward for Cyclone and our shareholders."
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 www.cyclonepower.com.
Follow Cyclone on Facebook:
http://www.facebook.com/CyclonePowerTechnologies
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. http://car.osu.edu/
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.
Cyclone Investor Relations American Capital Ventures
Howard Gostfrand President Tel: 305-918-7000 www.amcapventures.com
Company Contact Christopher Nelson Tel: 954-943-8721
chris@cyclonepower.com OSU Contact Holly Henley
Communications & Marketing Tel: 614-292-4217
henley.53@osu.edu