Cyclone Power Technologies Inc. (Pink Sheets: CYPW) has entered into a Letter of Understanding with TopLine Energy Systems, LLC, a licensee of global manufacturing leader TopLine Automotive Engineering, Inc. to build Cyclone's award-winning external combustion engines.
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Under the terms of this preliminary agreement, TopLine Energy will provide assistance with engineering and planning of Cyclone's WHE-25 model engines, and manufacture pre-production prototypes of these units starting immediately.
Given the acceptable completion and review of this first stage, TopLine Energy will position itself as the "Preferred Manufacturer" for Cyclone's operating subsidiary Cyclone-WHE LLC, for mass production of these engines.
The media release also revealed initial-planned uses for the Cyclone WHE-25 will range from industrial and vehicular waste heat recovery, to power generation from waste fuels such as used motor oil, to other similar renewable power applications.
"This is a monumental arrangement for Cyclone," stated the company's CEO, Harry Schoell. "By TopLine providing its vast experience, facilities and resources to further the development of our technology, we can expect a more robust, durable engine with an expedited trajectory towards commercialization."
TopLine Automotive is a 30+ year-old company, and is currently one of the largest manufacturers of automotive after-market parts in the United States. It supplies over 50% of the market.
Headquartered in Chicago, IL, TopLine Automotive has operations throughout the world. Topline Energy's primary home, though, is a new, state-of-the-art 300,000 sq. ft. facility in Brooksville, FL. This Florida plant, only a few hours from Cyclone, is dedicated to the development and production of distributed and alternative energy products like the Cyclone engine.
"We have been following the remarkable progress of Cyclone for over two-years now, and we determined that the time is right to throw our hat into the ring," stated TopLine's CEO, Chet Staron. "This technology has the potential to be revolutionary, not only in renewable power systems, but also the transportation sector where our contacts run deep. We are very pleased to help Cyclone on their path to commercial success."
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 portable 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 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.
A modified version of the engine will be making an attempt at breaking the land speed record for steam-powered vehicles later this summer.
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About the Author: After 39 years in the auto industry as a design engineer, Frank Sherosky now trades stocks and writes articles, books and ebooks via authorfrank.com, but may be contacted here by email: FrankS@TorqueNews.com
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