Cyclone Power Technologies Selected to Present its Technology at Department of Energy Technology Summit

POMPANO BEACH, FL--January 18, 2011: Cyclone Power Technologies Inc. (OTCQB: CYPW), developer of the all-fuel, clean-tech Cyclone Engine, announced today that the Company has been selected to present its technology at the 2012 ARPA-E Energy Innovation Summit and Technology Showcase, to be held February 27-29 outside of Washington D.C.

“would forever change our world and the ways we use, produce, and store energy.”

The committee-reviewed, invitation-only technology showcase is sponsored by the U.S. Department of Energy (DOE) and the Advanced Research Projects Agency -- Energy (ARPA-E), a new agency within the DOE designed to invest in breakthrough technologies that, according to its website, "would forever change our world and the ways we use, produce, and store energy." Keynote speakers include Energy Secretary Steven Chu, Microsoft Chairman Bill Gates, FedEX Chairman Fred Smith, and former WalMart CEO Lee Scott.

Christopher Nelson, Cyclone's President, commented: "Being invited to present our technology amidst some of the most influential and forward-thinking government and corporate leaders in the field of energy is a huge honor for Cyclone. We thank ARPA-E for including us in this important event, and look forward to informing attendees on the dynamics of our breakthrough engine technology and its potential in the market."

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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 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 the Society of Automotive Engineers' AEI Tech Award in 2006 and 2008. Additionally, Cyclone was named Environmental Business of the Year by the Broward County Environmental Protection Department. For more information, visit Cyclone Power.