New Energy's Device for Generating Electricity from Moving Cars to Test at New Jersey Burger King Drive-Thru

BURTONSVILLE, Md.--New Energy Technologies, Inc. (Symbol: NENE), a next-generation alternative and renewable energy developer, today announced that engineers have completed development of the Company’s newest MotionPower™ prototype for generating electricity from the movement of cars and light trucks, and will now undertake active field tests of the device at a drive-thru located at a prominent Burger KingŪ franchise in the New York metropolitan area.

“I’m proud to announce that our engineering team has successfully completed our newest, ultra-low profile, modular, second-generation MotionPower™ prototype. We’re eager to field test the device in a real world setting as part of our ongoing efforts to aggressively engineer, test, refine, and ultimately, commercially launch America’s first active roadway energy capture system of its kind,” explained Mr. Meetesh V. Patel, Esq., President and CEO of New Energy Technologies, Inc.

The Company announced plans to initiate durability testing of its MotionPower™ prototype device at quick-service giant, Burger King’s, prominent franchise restaurant in the New York Metro area. Located in Hillside, New Jersey, the Burger King outlet is owned and operated by entrepreneurs, Mr. Andrew Paterno and Mr. Michael Wallstein. Mr. Paterno and Mr. Wallstein own and operate twelve Burger King restaurants in the New York Metro area.

“It’s very exciting to be involved in the early testing and development of a brand new technology designed to generate electricity from the motion of vehicles. More than 150,000 cars drive through our Hillside store alone each year, and I think it would be great to capture the wasted kinetic energy of these hundreds of thousands of cars to generate clean electricity,” stated Mr. Paterno.

Engineers have designed and built New Energy’s latest MotionPower™ prototype as an ultra-low profile, modular device which can be easily customized to varying lengths based on site requirements. Once fully optimized for efficiency, engineers envision New Energy’s MotionPower™ device for cars and light trucks could be installed at high traffic locations such as toll booths, traffic intersections, rest areas, travel plazas, border crossings, neighborhoods with traffic calming zones, and drive-thrus similar to the Burger KingŪ test site.

Last month, the Company announced plans to expand its product range with development of a brand new fluid-driven MotionPower™ energy harvester for heavy trucks and vehicles, complimenting the Company’s newly-prototyped mechanical MotionPower™ system for cars and light trucks.

New Energy also announced recently that the Company has filed nine new patent applications with the United States Patent and Trademark Office (USPTO) in order protect novel features of its MotionPower™ technology for generating electricity from the kinetic energy of moving vehicles.

New Energy engineers have developed MotionPower™ technologies, designed to generate ‘clean’ electricity by harnessing the kinetic energy of the estimated 250 million registered vehicles which drive more than 6 billion miles on America’s roadways every day.

About New Energy Technologies, Inc.

New Energy Technologies, Inc., together with its wholly owned subsidiaries, is a developer of next generation alternative and renewable energy technologies. Among the Company’s technologies under development are:

• MotionPower™ roadway systems for generating electricity by capturing the kinetic energy produced by moving vehicles. An estimated 250 million registered vehicles drive more than 6 billion miles on America’s roadways, every day; and
• SolarWindow™ technologies which enable transparent glass windows to generate electricity by coating their glass surfaces with the world’s smallest known solar cells. These solar coatings are less than 1/10th the thickness of ‘thin’ films and make use of the world’s smallest functional solar cells, shown to successfully produce electricity in a recently published peer-reviewed study in the Journal of Renewable and Sustainable Energy of the American Institute of Physics.

Through established relationships with universities, research institutions, and commercial partners, we strive to identify technologies and business opportunities on the leading edge of renewable energy innovation. Unique to our business model is the use of established research infrastructure owned by the various institutions we deal with, saving us significant capital which would otherwise be required for such costs as land and building acquisition, equipment and capital equipment purchases, and other start up expenses. As a result, we are able to benefit from leading edge research while employing significantly less capital than conventional organizations.