The company has retained Mr. Brown to oversee its waste heat engine (WHE) project, a remarkable low-pressure, low-temperature steam engine that can run off heat generated from engine exhaust, inexpensive solar panels, oven heat, and many other heat sources that would otherwise be wasted and expelled into the environment.
Mr. Brown's engineering and mechanical experience spans over 56 years in the marine industry where he has developed propulsion, hydraulic, electrical and exhaust systems for some of the best known names in the business. Over the years, Mr. Brown has served as: Director of Product Development for Cigarette Racing Team; President and CEO of Cougar Marine, which built powerboats that won 33 consecutive offshore races including 12 World and National Championships; Director of Product Development for Stainless Marine; Project Engineer for Gentry Transatlantic on the "Gentry Eagle," a 113' mega-yacht that held the transatlantic speed crossing record; Product Development Consultant for Teleflex Marine; and General Manager of Donzi Marine.
Mr. Brown, known to his peers as Brownie, is widely regarded as a mechanical genius. Pete Smythe, Editor of Motorboating Magazine, wrote: "Brownie is generally considered to have more engineering moxie than anyone else in the high performance boat business." Hotboat Magazine wrote that "Brownie's experience in the business is second to none, with almost 50 years of high performance expertise in building, driving and designing every part of a raceboat." Powerboat Magazine called Brownie a "mechanical wizard."
"We are thrilled to add Brownie to our team," stated Cyclone CEO, Harry Schoell. "I have known him for over 40 years, and I am completely confident that the talent he has shown in the marine industry can be readily adapted to our waste heat engine."
CORPORATE PROFILE
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.
Media Contact Will Wellons 407-462-2718 Email Contact Company Contact: Ann Staples Cyclone Power Technologies, Inc. 601 NE 26th Ct. Pompano Beach, FL 33064 954-943-8721
