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Cyclone Power Technologies Verifies Advances in Its Next Generation Waste Heat Engine

POMPANO BEACH, FL, November 26, 2013. Cyclone Power Technologies Inc. (CYPW) announced that it has successfully completed an on-sight inspection by its customer, Phoenix Power Group, of the performance and durability testing being conducted on its next generation Waste Heat Engine, called the WHE-DR. The Company has released new video of the WHE-DR running on heat recycled from Phoenix's Micro Dry-Steam Generator (MDSG) during this important two-day assessment and third-party verification meeting.

Cyclone's WHE-DR is designed to convert waste heat from various commercial, municipal and agricultural devices into mechanical power. The Phoenix MDSG is one such technology that produces thermal energy from the clean combustion of used motor oil. The integrated WHE-DR and MDSG system is meant to produce 7 to 10 kW of electricity in addition to all the heating requirements of garages, car dealerships and similar facilities. This cogeneration unit is expected to reduce energy costs by shaving peak electrical demand year-round, and creating space heating during cold months as a process by-product. Phoenix's partners control approximately 70% of the used motor oil furnace market in the U.S., with over 60,000 units in the field.

Thomas Thillen, Phoenix's President, stated, "We're very pleased with the initial performance of the new model WHE-DR. Cyclone has made a major leap forward in the engine’s development - it is running considerably smoother, quieter and longer than we've seen previously. We feel confident in gearing up now to commence our pilot programs next year."

Christopher Nelson, Cyclone's President, stated: "We echo our customer's sentiment in being quite pleased with the progress of the WHE-DR. We’re moving ahead steadily with our development partners at Ohio State University, and aiming to complete initial durability testing by the end of this year in order to shift into limited scale manufacturing mode soon thereafter."

To watch video of the WHE-DR, link to: https://www.youtube.com/watch?v=PQcyzUNBYO0

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.

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.