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Cyclone Power Technologies Files Patent Application for Critical Component of Its Green Engine
Tuesday, July 29, 2008
Cyclone Power Technologies, Inc. (PINKSHEETS: CYPW) announced today that it has filed a patent application with the U.S. Patent and Trademark Office for the valve mechanism of its award-wining Cyclone Engine.
The company's most recent patent application covers automatic piston-operated valves, and more specifically, two cooperating valves in a piston head and cylinder head for controlling timing of admission and compression in a steam engine. The nature of this valve allows for smaller clearance volume and higher compression, which is critical for optimal engine efficiency, especially in connection with the company's two cylinder engine -- an engine ideally suited to run portable home generators, auxiliary power units for commercial trucks, and other applications in the 15 to 18 HP range.
"We are very proud of how this valve mechanism is able to increase the thermal efficiencies of our engine," stated Cyclone's CEO, Harry Schoell. "Our new valve design is one major reason why the Cyclone will soon be a cost-effective alternative to dirty gas and diesel powered internal combustion engines."
The company currently has two patents issued in the U.S., and over 48 patents pending in the U.S. and internationally on the Cyclone engine and each of its 12 major components.
About Cyclone Power Technologies, Inc.
Cyclone Power Technologies is the developer of the award-winning Cyclone Engine -- an eco-friendly external combustion engine with the power and versatility to run everything from hand-held electric generators and garden equipment to cars, trucks and locomotives. Invented by company founder and CEO Harry Schoell, the patented Cyclone Engine is a modern day steam 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. Currently in its late stages of development, the Cyclone Engine was recognized by Popular Science Magazine as the Invention of the Year for 2008, and was presented with the Society of Automotive Engineers' AEI Tech Award in 2006 and 2008. Additionally, Cyclone was recently named Environmental Business of the Year by the Broward County Environmental Protection Department. For more information, visit www.cyclonepower.com.
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.
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