SOURCE: Cyclone Power

August 05, 2014 12:45 ET

Cyclone Adds Well Known Steam Engineer/Inventor as European Consultant, Peter Platell PhD, CEO of Ranotor of Sweden

POMPANO BEACH, FL--(Marketwired - Aug 5, 2014) - Cyclone Power Technologies Inc. (PINKSHEETS: CYPW), developer of the all-fuel, clean-tech Cyclone Engine, announced today that it has added Peter Platell PhD, a second generation engineer with over 30 years' experience in Steam and Cogeneration Technology, to its team of growing sales professionals to help introduce our technology to the European markets.

Peter Platell currently serves as CEO of his Company Ranotor Utvecklings AB and, is involved with an EU combidiesel venture and projects of waste heat recovery for heavy duty trucks and passenger cars for leading automotive manufacturers in Europe. He will be Cyclone's sales representative in Europe. With Peters extensive experience in engineering he will focus on licensee development, distribution and integration of Cyclone's engines and products.

Frankie Fruge, President of Cyclone, stated: "We are very pleased to have Peter on our team, and have already seen results from the experience and expertise he has brought to the Company. The success of Cyclone's International market is going to depend on professionals of Peter's caliber to represent us. For a small company to have someone as high caliber as Peter to join the Cyclone Team is an enormous boost."

Mr. Platell stated: "I am very pleased to join Cyclone's team. My responsibilities are to obtain licenses for use of Cyclone's Technology and integration into customers systems. In my years of developing steam technology including a very compact water lubricated steam engine I knew when I discovered Cyclone's Heat Regenerative Engine that they were light years ahead of everyone in the emerging 'green' steam power technology field. This is an opportunity for Ranotor steam products to integrate with the Cyclone engine for my customers and future licensee." 

Cyclone and Peter are already working on technology integration and are expecting to present to customers and licensees in the next few months. 

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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 Chairman 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 (Florida) 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.

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