Message #7 From:
TheMachine Date: June 3, 2009 01:20:10 AM
CPWE Stock News : Clean Power Technologies Inc.: Installation of Rolling Road Marks Significant Step in Commercialisation of Vehicle Heat Recovery System
CALGARY, ALBERTA -- (Marketwire) -- 03/30/09 -- Clean Power
Technologies Inc. (OTCBB: CPWE)(FRANKFURT: C1L), developer of a unique
heat recovery and hybrid power system to reduce vehicle emissions, is
pleased to announce a major investment at its Newhaven site with the
installation of a 'Rolling Road' simulator (or 'dynamometer'). This
equipment can simulate all the road conditions that a vehicle might
encounter, allowing rigorous testing of Clean Power's technology and
accelerating it from an advanced prototype to a commercially viable
product.
Over the past two and a half years Clean Power Technologies has
taken a theoretical concept for heat recovery from the exhaust of
internal combustion engines and developed it into a practical working
system. This has been achieved through investment in an extensively
equipped test laboratory in Newhaven, UK, where intensive research and
development activities have been pursued in cooperation with
collaborative partners.
Development of the heat recovery system termed CESAR (Clean Energy
Storage And Recovery) has now reached the stage where designs for
application to vehicle installations are well advanced. Customer
expectations are that any vehicle application will be fully reliable,
continuously delivering the performance benefits promised in all
conditions over a period of at least ten years. To this end Clean Power
Technology has made a major investment of approximately $170,000 in a
rolling road dynamometer manufactured by Dynomite of New Hampshire USA.
This substantial piece of equipment can accommodate a maximum weight
double-drive axle truck which turns the dynamometer rollers against a
variable load created by applying electrical inertia. This allows the
simulation of all road conditions that a truck may encounter in its day
to day operation such as hilly terrain, urban stop-start and interstate
highway running.
Using field data collected in mid 2008 during a three week exercise
with Safeway operations in Canada it will be possible, with appropriate
instrumentation, to simulate fleet routes, to develop and refine
particular applications, and to deliver maximum fuel benefits with
minimum emissions. The equipment will allow, under fully-controlled
laboratory conditions, the speedy characterisation of any vehicle
exhaust temperature, flow and constituency together with fuel usage.
The Rolling Road will provide the 'hub' of the development and
validation programme for the CESAR system ensuring optimum
functionality for each vehicle application. The issue of durability
will also be addressed by other recent investments such as multi-axis
shaker test rigs which will be programmed to home-in on harmful
resonant frequencies for the system, as identified by data collected
over specific proving ground surfaces. By running these shaker rigs on
a 24 hour basis in environmental enclosures, capable of operating
between -40 and +50 degrees Celsius, ten year life testing can be
compressed into a period of only a few months.
The Rolling Road will be fully operational in mid March 2009 when
testing will commence on a US specification double-drive axle, 12.8
litre Columbia Cab Freightliner truck, purchased by Clean Power at the
beginning of the year. This bespoke truck, fitted with a Detroit Diesel
engine and Eaton transmission, is designed to be used on highways,
hectic city streets, narrow roads and can also be driven off-road. The
Rolling Road, which will be able to simulate all these conditions, will
be a perfect test ground for the Freightliner, and allow Clean Power to
demonstrate how its CESAR technology improves the truck's fuel
efficiency in these conditions.
Abdul Mitha, President and CEO of Clean Power, said: "The
installation of the rolling road is a significant milestone in the
development of our ground-breaking CESAR system. It will enable us to
fine tune our already robust technology and prove that the CESAR system
is both durable and strong enough to cope with all the different road
conditions experienced by the trucks in which it will be used. Combined
with our recent purchase of just such a truck and a range of other
advanced simulation equipment, this new testing capability is a vital
step in validating the system's suitability for real-life operating
conditions. I am fully confident that our unique steam-hybrid system
will stand up to the extreme testing we intend to put it through,
completing the final step in making CESAR a commercial reality."
DISCLAIMER
Forward Looking Statements -- The information contained herein
regarding risks and uncertainties, which may differ materially from
those set forth in these statements, in addition to the economic,
competitive, governmental, technological and other factors, constitutes
a 'forward-looking statement' within the meaning of Section 27A of the
Securities Act of 1933, as amended, Section 21E of the Securities
Exchange Act of 1934, as amended, and the Private Securities Litigation
Reform Act of 1995 and is subject to the safe harbors created thereby.
While the company believes that the assumptions underlying such
forward-looking information are reasonable, any of the assumptions
could prove inaccurate and, therefore, there can be no assurance that
the forward-looking information will prove to be accurate. Accordingly,
there may be differences between the actual results and the predicted
results, and actual results may be materially higher or lower than
those indicated in the forward-looking information contained herein.
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.
Clean Power Technologies has cooperative research and development
agreements in place with one of the USA's largest grocery chains,
freight haulage companies and international engineering corporations.
Testing of the CESAR system on a Caterpillar C15 diesel engine has
recorded a dramatic 40% improvement in fuel efficiency, with a
corresponding reduction in the level of emissions. The Company is in
advanced stage of the development of this engine, designed for the
provision of auxiliary power and trailer refrigeration within the
industrial vehicle and grocery truck industries.
The Company boasts a highly experienced engineering team, whose
vision and technical capabilities are driving the implementation of
this unique hybrid fuel technology. Clean Power Technologies operates
out of its development facility in Newhaven, East Sussex, UK.
The Company is listed on XETRA on the Frankfurt Stock Exchange and is also traded on the OTC BB in the USA.
About CESAR
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 and also in the locomotive and marine sectors.
Contacts:
Clean Power Technologies Inc.
Abdul Mitha
President & CEO
(403) 277-2944 or UK mobile: +44 (0) 782 436 5198 mithaa@shaw.ca