|By Marketwired .||
|November 29, 2012 10:07 AM EST||
POMPANO BEACH, FL -- (Marketwire) -- 11/29/12 -- Cyclone Power Technologies Inc. (OTCQB: CYPW), developer of the all-fuel, clean-tech Cyclone Engine, announced that it will be displaying its Team Steam USA land speed record streamliner at the Performance Racing Industry trade show today through Saturday, December 1 at the Orange County Convention Center in Orlando, Florida.
Nelson Hoyos, Director of Development for the Company's subsidiary Cyclone Performance LLC, stated: "We're excited to give the public its first glimpse of the Team Steam USA streamliner. The body and chassis are complete, and when we return the car to South Florida we will finish the controls wiring and safety equipment installation. Being invited to display our car at the biggest performance racing show in the nation is a great opportunity for our team and Cyclone shareholders."
Harry Schoell, Cyclone's Chief Technology Officer, added: "For those of you interested in the progress of the Mark 5 engine, we saw a remarkable 108 horsepower with over 1,000 ft. lbs of torque during our last dynamometer run. We're very pleased with our results so far and will continue work this week in our shop to increase and maintain the engine output needed to shatter the old speed record."
According to the trade show's web site, the PRI exhibit is attended by over 38,000 buyers from 70+ countries. Attendance is restricted to performance racing companies and professionals.
For photos of the LSR streamliner at the PRI show, and its progress since building began, please visit: http://www.teamsteamusa.com/gallery.html
Follow Cyclone and Team Steam USA on Facebook: http://www.facebook.com/CyclonePowerTechnologies
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 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 Environmental Protection Department. For more information, visit www.cyclonepower.com.
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.