Cyclone Team Steam USA Secures State-of-the-Art Vehicle for Its Land Speed Record Attempt

Dépèche transmise le 1 mai 2012 par Business Wire

Cyclone Team Steam USA Secures State-of-the-Art Vehicle for Its Land Speed Record Attempt

Cyclone Team Steam USA Secures State-of-the-Art Vehicle for Its Land Speed Record Attempt

POMPANO BEACH, Fla.--(BUSINESS WIRE)--Cyclone Power Technologies (OTCQB: CYPW) developer of the clean-tech Cyclone Engine, announced today that its performance division Team Steam USA has joined forces with Bonneville champions George Poteet and Ronald Main, including securing use of the construction molds for their state-of-the-art streamliner Speed Demon. Cyclone believes that this alliance will help expedite vehicle construction and greatly enhance the Company’s chances to claim the title of world’s fastest steam car. The vehicle will be powered by an advanced Cyclone Engine which, unlike all previous steam record attempts, can one day be placed in modern clean-emission, all-fuel production cars and trucks.

The Poteet & Main Speed Demon has already achieved speeds at Bonneville in excess of 462 mph using a twin-turbo, v-8 engine. Due in part to its in-line front wheels, the streamliner boasts a remarkably advanced aerodynamic design which greatly reduces wind drag. With the Cyclone Engine as its power plant, Team Steam USA believes it can readily exceed the current international FIA speed record of 148 mph for steam powered vehicles set by the British in 2009, possibly approaching speeds of 200 mph. The Cyclone team has been invited by NASA to run its vehicle at the Kennedy Space Center, only miles from where the original steam record was set in 1906, prior to heading to Bonneville.

Nelson Hoyos, Director of Development of Cyclone’s Team Steam USA commented: “George and Ron have demonstrated great success in both racing and business throughout their extensive careers. We’re very excited to add their designs, experience and expertise to this important project to beat the current US and international steam records. Having set an aggressive schedule to get our streamliner on the track by this summer, we are confident in our combined abilities and believe that George and Ron will be able to contribute meaningfully to help us meet our goal.”

Ron Main added: “I’m very proud to be part of this concerted effort on behalf of Cyclone’s Team Steam USA. Like Nelson and his team, we understand the great environmental and economic importance of demonstrating the performance and capabilities of the Cyclone Engine, and I look forward to helping them showcase what this ground breaking engine can do. We are here to help in any way we can.”

Harry Schoell, Cyclone’s Chairman and CEO, commented: “We thank George and Ron for their strong support of this project, which will be of great value to our overall engine technology development efforts. We have worked hard to compile a strong team of engineers, technicians and racing experts, and are confident in our ability to validate the power and environmental attributes of our Cyclone Engine through this highly visible land speed record effort.”

To read more about Cyclone’s Team Steam USA, and to support this history-making project, visit: www.teamsteamusa.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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