Calgary, Alberta June 4th 2008 Clean Power Technologies Inc. (OTC BB:CPWE.OB; Frankfurt, XETRA:C1L), developer of a unique heat recovery and hybrid power system to reduce vehicle emissions, is pleased to announce its proprietary Clean Energy Storage and Recovery (‘CESAR’) technology has today been featured on BBC television in the UK.
Filming took place last week at the Company’s Newhaven, UK, research and development facilities. The segment was today broadcast on Working Lunch, the BBC's award-winning daily business, personal finance and consumer news programme which has been on air in the UK since September 1994.
During the broadcast Abdul Mitha, CEO, and Mike Burns, CTO, demonstrated a steam engine running on the free energy recovered from the exhaust of a Caterpillar truck engine and explained the 80% fuel savings achievable in refrigerated trailer applications. They also outlined future opportunities in the automotive, marine and military sectors.
Abdul Mitha, President and CEO of Clean Power Technologies, comments: “The BBC is one of the largest broadcasting organisations in the world and this has been a wonderful opportunity to showcase our technology and potential to a wider audience. The burgeoning price of oil means our technology is being recognised as becoming increasingly important to a transport industry that wants to reduce its fossil fuel consumption, increase engine efficiency and significantly reduce emissions.”
Mr Mitha continues, “The timing of this broadcast is very fortuitous since with escalating oil prices, the cost of fuel has risen dramatically. Motorists all over the world are complaining about the rising costs and the trucking industry has been amongst the hardest hit.
“More than 45,000 trucks have disappeared from the US highways since early 2007, according to America’s Commercial Transportation Research Co. The American Trucking Association also believes that 935 large truck operators have shut down during the first quarter of this year already; the highest failure rate since 2001.
“In addition to the 80% fuel savings achievable in auxiliary engines, Clean Power continues to work towards a solution which will increase the propulsion efficiency of engines by 40% or better, with a corresponding reduction in CO2. Furthermore, Clean Power’s system helps reduce levels of other exhaust pollutants such as Nitrogen and Sulphur Dioxides and particulates; indeed, in steam-only mode the sole emission is water vapour.”
Mr. Mitha concludes, “Clean Power’s intention is to lower the overall operating cost of vehciles, thereby saving money not only for fleet owners but also in the pockets of the consumers whom they supply. We are confident that our technology will just do that”.
A copy of the programme will be made available at the Company’s website, http://www.cleanpowertechnologies.com/.
ABOUT CLEAN POWER TECHNOLOGIES
Clean Power Technologies is committed to developing hybrid fuel technology and alternative fuel for a range of vehicles, including locomotives, heavy trucks and light cars. The Company’s proprietary technology significantly reduces pollution through its Clean Energy Storage and Recovery (CESAR) system, which takes otherwise wasted heat from the exhaust of a conventional combustion engine and modifies it through a heat recovery system to generate clean power for the vehicle.
The Company boasts a highly experienced engineering team, whose vision and technical capabilities are driving the development and implementation of this unique hybrid fuel technology.
Clean Power Technologies operates out of its development facility in Newhaven, East Sussex. In 2006, testing of the CSEAR system began on a Mazda RX8 passenger vehicle engine, with trials on a second identical engine commencing later that year. In June 2007 testing also began on a Caterpillar C18 diesel engine to explore applications, such as auxiliary power and trailer refrigeration, within the industrial vehicle and truck industries. Testing on the CESAR process began in late October 2007, with initial results already recording a 40% improvement in fuel efficiency.
The Company listed on XETRA on the Frankfurt Stock Exchange in October 2006, and is also traded on the OTC Bulletin Board in the US.
Clean Power’s Clean Energy Storage and Recovery (CESAR) technology is designed to increase vehicle fuel economy and reducing emissions by capturing, storing and reusing otherwise wasted heat from the exhaust of a conventional combustion engine. A heat exchanger captures waste energy, which is then stored in the form of steam in an accumulator, for ‘on demand’ use either in the same ‘primary’ engine, or in a secondary vapour engine. Power can be produced solely by the secondary vapour engine even after the primary combustion engine has shut down.
The CESAR system can be used to power auxiliary truck systems, such as trailer refrigeration and cab cooling or heating, in regulatory ‘no idle’ and ‘quiet’ zones. In addition to initial truck applications, CESAR can be further applied in Clean Power’s well developed passenger car programme in addition to having longer-term potential in the locomotive and marine sectors.
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For further information, please contact:
Clean Power Technologies Inc.
Abdul Mitha, President & CEO
Clean Power Technologies Inc.
436-35 Avenue N.W.
Canada T2K 0C1
Tel: + 1 (403) 277 2944
UK mobile: +44 (0) 782 436 5198