Cyclone Power Technologies Inc. has announced that Advent Power Systems, Inc., one of the company's licensees in the field of industrial biogas generators, has signed an agreement with Florida Syngas LLC to develop 10 one-megawatt combined cycle electric generators utilizing Cyclone's heat-regenerative, external combustion engine technology.

The parties' plans are to power these industrial generators using a glycerol-based synthesis gas produced through Florida Syngas' proprietary plasma process called GlidArc. Glycerol, the waste product of the bio-diesel industry, is a hydrogen rich, carbon neutral gas with its only waste products being hot water and useable heat. Under the agreement, Florida Syngas will design and build the synthesis gas converters, and Advent Power Systems will develop the engines and generator sets utilizing Cyclone's patented engine technology. Development of the equipment will be co-located in both Grant and Coconut Creek, Florida.

"We are very enthused with the possibilities opened up for the Cyclone engine by our agreement with Florida Syngas," stated Dr. Phillip F. Myers, President of Advent Power Systems. "Using the GlidArc technology they have developed, we can convert an abundant and cheap by-product of bio-diesel production into a valuable non-polluting fuel that will ultimately be burned in a Cyclone engine to produce electricity and heat."

The parties anticipate that the potential for systems combining the GlidArc and Cyclone technologies to produce electricity is in the multi-billion dollar range over the next decade. With the backing of several government funding sources, Dr. Myers stated that he hopes to have a demonstration project under accelerated development later this year.

"There is a natural synergy between these two technologies," stated John P. Sessa, President of Florida Syngas. "Our GlidArc Synthesis Gas reactor is a logical fit with the Cyclone Engine as a prime mover."

According to Mr. Sessa, glycerol is the waste (or co-product) of the bio-diesel refining industry, and as that industry has begun to ramp-up, so has the surplus of glycerol. An engine fueled by this synthesis gas would also have the advantage of being carbon neutral, giving operators a keen leg-up with respect to impending carbon "Cap and Trade" legislation.