About Us
Phoenix Power Group, a privately held company incorporated in Tennessee, is an affiliate of Atlantic Systems Group of Harrisonburg, VA, which is in the business of designing and building automotive oil change and service facilities throughout the United States, along with the manufacturing of steel tanks for the lube industry. PPG’s equity partners include Hansom James Capital, whose principals founded Tennessee-based AIMS Logistics Inc. in 1994, which, when sold to U.S. Bancorp in 2007, employed over 300 people internationally and processed approximately $5 billion annually in freight payables for clients that included Honeywell International, General Electric, and Nortel Networks.
PPG entered into an license agreement with Cyclone Power Technologies of Pompano Beach, FL for the exclusive rights for their Cyclone Mark V external combustion engine for waste oil power applications. The patented Cyclone Engine is a 21st century, high efficiency steam engine. It combusts fuel in a cyclonic external chamber at temperatures and pressures below where harmful emissions such as NOX are created. The Cyclone Engine was recognized by Popular Science Magazine as the Invention of the Year in 2008, and was presented with the Society of Automotive Engineers’ AEI Tech Award in 2006 and 2008.
In additional to securing an exclusive license from Cyclone Power Technologies in North America and Australia, PPG has an exclusive license with Mr. Terry Bassett, who holds two U.S. patents, with international patents pending, for the total system package of generating electric power from waste oil using an external combustion engine. The company believes that these intellectual property rights will place it in a leadership position in this exciting new industry.
