Clean Power Technologies Makes Important Additions to their Engineering Personnel and is preparing to implement New Hybrid System on a Production Vehicle
CALGARY, AB – August 09, 2006 - Clean Power Technologies Inc. (OTCBB: CPWE) a developer of a unique and environmentally friendly alternative hybrid fuel technology is pleased to update shareholders and the investment community, that substantial progress has been achieved in the design and development of the special components required for the implementation of this new hybrid technology on a current production vehicle. Clean Power also recently moved into its new state of the art facility and has added two additional specialists to its engineering team.
With the progress made to date it is anticipated that by the fall (autumn) of 2007 the planned hybridized Mazda RX8 vehicle will be ready for road use. The first of the two planned donor vehicles was purchased in April. Once the fully functional developmental unit is complete a second identical vehicle has been ordered and will be similarly modified with the hybrid power train. This second vehicle will be used for promotional demonstrations and ready as early as the autumn of 2007.
"The current rising price of oil is compelling the public to consider the efficiency of the vehicle they currently use and those they intend to buy in the future. Further more, the anxiety society now feels about pollution of the environment, on both a global scale and at the local level, is creating consumer demand for both alternative and hybrid technology" said Abdul Mitha, CEO of Clean Power Technologies Inc. He continued to say " The current automotive rule of thumb is that one third of the energy from fuel produces useful work, one third is transferred to the cooling system and lost, and one third is lost through the exhaust pipe. Our technology can save up to one third of the waste heat and this translates into realistic fuel savings of up to 30-40% of current levels combined with cleaner emissions."
Clean Power has expanded their engineering team of specialists. The latest additions are a Robotic Engineer and a Control System Specialist; this is in addition to the current dedicated team of 5 Professional Engineers which consist of, a Mechanical Vehicle Integration Specialist, a Thermodynamic Specialist, an Engine Management Electronics Specialist, a Vehicle Systems Specialist, and a Graphics Designer & Vehicle Builder. The recent addition of these specialists has strengthened Clean Powers development team and will provide significant expertise to enhance the development and implementation of this unique hybrid fuel technology.
As well Clean Power Technologies Inc. is also pleased to inform investors that effective July 31st, the company moved into their own Development facility. The new state of the art facility is located in England and is completely outfitted with full computational support with Computer Aided Design 3d Modelling software, a fully automated Engine Test Dynamometer. The Company feels that at this strategic time in the development and implementation of their hybrid technology, plus the progress which already has been achieved that it became a necessity to have their own facility.
About Clean Power Technologies Inc.
CLEAN POWER is engaged in research and development to enhance the thermal efficiency and effectiveness of power generation for all forms of transport by hybridisation, from the light car, through the heavy truck to railway locomotives. The heart of the technology under development by Clean Power is the CESAR process using Clean Energy Storage And Recovery. In this the problems of the electric battery are avoided by using otherwise wasted heat to generate pressure in saturated water and then recovered as required by allowing vapour to form and expand through a suitable auxiliary engine. Coupling such a process with the most modern principles of electronic control of speed and power enables high efficiency joint operation of a combustion engine and the auxiliary power plant driven from the storage source where this is permitted and by the auxiliary alone for a limited duration. Clean Power plans to develop and commercialize this technology.
Abdul A. Mitha
Clean Power Technologies Inc.
436-35 Avenue N.W.
Calgary, Alberta, Canada T2K 0C1