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Cyclone Power Technologies Signs Two-Time NHRA Champion, Nelson Hoyos, to Lead its Land Speed Record Team

Dépèche transmise le 26 mars 2012 par Business Wire

Cyclone Power Technologies Signs Two-Time NHRA Champion, Nelson Hoyos, to Lead its Land Speed Record Team

Cyclone Power Technologies Signs Two-Time NHRA Champion, Nelson Hoyos, to Lead its Land Speed Record Team

POMPANO BEACH, Fla.--(BUSINESS WIRE)--Cyclone Power Technologies (OTCQB: CYPW), developer of the all-fuel, clean-tech Cyclone Engine, announced today that it has signed two-time NHRA PRO-FWD Champion and Bonneville veteran, Nelson Hoyos, to lead the Company’s effort to claim the land speed record (LSR) for steam powered vehicles. Hoyos will serve as Director of Development for the company’s LSR car and performance division, known as TeamSteamUSA, as well as oversee its management, marketing and sponsorship activities.

“Official Drag Race School of Palm Beach International Raceway.”

Hoyos, a two-time NHRA Champion and Turbo Magazine “Driver of the Year”, has been involved in the development, racing and business aspects of motorsports for over 30 years. He has been instrumental in leading high profile multi-million dollar race teams and marketing programs for the U.S. Navy, Ford and Chevrolet Racing Divisions. As factory driver and engine technologies advisor, Hoyos has set numerous drag racing records for Ford and Chevy, and set a land speed record at Bonneville in excess of 243 mph for the GM Performance/Chevrolet division. Hoyos founded and currently runs the Driven2Win Drag Racing School in Florida.

Cyclone’s alliance with Hoyos is a major development for the Company. Not only does he bring the knowledge, experience and proven track record to build a winning LSR team, but also strong and established contacts with renowned technology firms which can help advance the performance of the Cyclone Engines. Moreover, Hoyos’ leadership in building Cyclone’s new Bonneville-compliant LSR chassis and body, and his hands-on participation in engine and drivetrain integration, are expected to provide Cyclone with the extra manpower needed to pursue this project without detracting from the Company’s focus on customer contracts, including Raytheon, the U.S. Army and Phoenix Power.

Harry Schoell, Cyclone’s Chairman and CEO, commented: “Demonstrating the power and environmental attributes of our technology through a highly visible LSR effort has always been an important project for Cyclone. Until the addition of Nelson, however, we felt it lacked the solid direction needed to provide the best chance of success. We’re extremely pleased that Nelson will now be leading TeamSteamUSA, and we whole heartedly welcome him to the family. We wish Chuk Williams well in his future endeavors.”

Nelson Hoyos commented: “I’m honored to become part of the Cyclone Power Technologies family. Cyclone Engines represent a leap forward in mobile power generation because of their ability to run on virtually any fuel source. This company is truly dedicated to developing technologies that will have a huge beneficial impact on our environment, and I want to be part of that effort.

“I have driven fast cars and led race teams to victory most of my life,” continued Hoyos. “Now I’ve been given the opportunity to create a performance division dedicated to both showcasing and advancing the Cyclone Engine’s powerful, safe and efficient use in automotive applications. I’m confident that TeamSteamUSA will be able to demonstrate these attributes to the world by breaking land speed records with a truly green engine.”

To become part of this record breaking effort, visit: www.teamsteamusa.com/sponsorship.html.

About Driven2Win Drag Racing School

Driven2Win Drag Racing School gives race fans the opportunity to ride or drive competition Dragsters. For those looking to establish or further their career in drag racing, Nelson Hoyos creates and instructs driving courses that comply with IHRA & NHRA criteria for students to earn a competition license. Driven2Win Drag Racing School is the “Official Drag Race School of Palm Beach International Raceway.”

www.Driven2WinDragRacingSchool.com

Nelson Hoyos Contact

Tel: 954-962-0158

nelsonhoyos@driven2windragracingschool.com

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 CEO 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 minimizing the release of 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 the Society of Automotive Engineers’ AEI Tech Award in 2006 and 2008. Additionally, Cyclone was named Environmental Business of the Year by the Broward County Environmental Protection Department. For more information, visit www.cyclonepower.com.

Follow Cyclone on Facebook: http://www.facebook.com/CyclonePowerTechnologies

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.

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