Cyclone Completes In-House Testing of Waste Heat Engine; Shifts Commercialization Program to Ohio State University
January 14 2014 - 9:00AM
Access Wire
POMPANO BEACH, FL, January 14, 2013. Cyclone Power
Technologies Inc. (OTCQB: CYPW), developer of the all-fuel
clean-tech Cyclone Engine, announced today that it
has completed the in-house development and testing phase of its
Waste Heat Engine (the WHE-DR) and, as planned, has transitioned
the next commercialization and manufacturing phases of the program
to The Ohio State University’s Center for
Automotive Research (CAR).
Christopher Nelson, President of Cyclone and Managing Director
of the company’s Waste Heat division, stated: “We have reached a
milestone event for Cyclone and the evolution of our engine
technology - a transfer of the physical engine, testing equipment
and program management to our engineering partners at CAR. This is
a critical, timely step as the technology moves into manufacturing
mode in the Columbus, Ohio area. We are very proud of our
innovation team in Florida which has developed an excellent engine,
perfectly suited for the underserved small-scale waste-to-power
sector. We now have top talent from CAR, our manufacturer Precision
CNC, and a few other experts who will be coming onboard over the
next couple of months, to complete our mission of getting our
product to market.”
Dr. James H. Durand, Director of Testing, Engineering and
Software Development Services (TESS) at CAR, stated: "Based on the
great progress accomplished in Florida and with Cyclone’s continued
support of the program, we are confident that we can advance the
Cyclone WHE-DR engine through its remaining steps to
commercialization. We have the personnel, experience,
expertise and strong desire to complete this project successfully."
CAR is a Columbus-based interdisciplinary research center within
The Ohio State University’s College of Engineering. Among other
expertise, 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.
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 Center for Automotive Research
The Center for Automotive Research (CAR) is the pre-eminent
research center in sustainable and safe mobility in the United
States and an interdisciplinary research center in The Ohio State
University’s College of Engineering. CAR research focuses on:
energy, safety and the environment. CAR offers state-of-the-art
facilities for students, faculty, research staff and industry
partners. With a concentration on preparing the next generation of
automotive leaders, CAR is recognized for: interdisciplinary
emphasis on systems engineering, advanced and unique experimental
facilities, collaboration on advanced product development projects
with industry and a balance of government and privately sponsored
research. car.osu.edu
About TESS
Testing, Engineering and 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 durand.14@osu.edu 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
chris@cyclonepower.com
OSU Contact
Holly Henley, Communications & Marketing
Tel: 614-292-4217
henley.53@osu.edu