WESTON, FL -- (Marketwire) -- 12/02/10 -- Wall Street News Alert's "stocks to watch" this morning are: Cyclone Power Technologies (PINKSHEETS: CYPW), GE (NYSE: GE), Ford Motor Company (NYSE: F) and Caterpillar Inc. (NYSE: CAT).
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Yesterday, Cyclone Power Technologies (PINKSHEETS: CYPW) issued a press release announcing that the company and its licensee Phoenix Power Group (PPG) have announced positive results of preliminary emissions testing of the combustion system of the Phoenix 10, the first ever small-scale waste oil power generator.
Running on used motor oil in tests conducted by an independent third party, the Phoenix 10 generated 30% less SO2 and almost 50% less NOx than a comparable generator running on diesel fuel. Acceptable emissions of SO2 and NOx required by many state environmental agencies are below 5 tons per year. The Phoenix 10 demonstrated emissions of only 0.14 and 0.13 tons respectively of these toxic gases (based on a full 4368 hour year), using a waste fuel product that other small power systems are incapable of accepting.
The reason for these extremely clean readings is Cyclone's WHE-25 engine which powers the Phoenix 10. As an external combustion engine, the WHE-25 is able to combust any fuel -- even used motor oils -- at temperatures and pressures below where many gasses such as NOx are formed. Other noxious particles are incinerated in the long combustion residence of the engine's cyclonic chamber. Tested on diesel fuel for comparison purposes, the WHE-25 had approximately one-tenth of the SO2 and NOx emissions of a diesel internal combustion engine.
According to the U.S. Environmental Protection Agency, waste oil from one oil change can contaminate 1 million gallons of fresh water. The Phoenix 10 presents a true economic incentive for users of motor oil to dispose of their waste in an environmentally friendly manner instead of one which can cause great harm to our water supply.
The Phoenix 10 prototype will be unveiled at Power-Gen International in Orlando, December 14-16. The system will allow thousands of oil change service centers and other waste oil producing locations to recycle their used motor oil in an environmentally-friendly and profitable manner by producing up to 10kW of electricity.
Cyclone and PPG will conduct a more broad-spectrum emission study during the system's pilot testing commencing in the beginning of 2011, and will announce those results when available. Emission testing was conducted by Alliance Source Testing of Decatur, AL.
The stock closed yesterday at Fourteen cents a share.
GE (NYSE: GE) up 2.9% on 68.9 million shares traded.
GE is a diversified infrastructure, finance and media company taking on the world's toughest challenges.
Ford Motor Company (NYSE: F) up 3.2% on 100.7 million shares traded.
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles across six continents.
Caterpillar Inc. (NYSE: CAT) up 3.3% on 8.8 million shares traded.
Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines.
The Institute for Supply Management said Wednesday its index of manufacturing activity was barely changed in November, dipping to 56.6 from 56.9 in October. Any reading above 50 indicates growth.
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