12.03
Business Wire, Dec 01, 2009
Company files for international patents following recent news that
engineers have exponentially increased energy capture of New Energys
proprietary MotionPower devices the most important factor in
maximizing electricity generation.
BURTONSVILLE, Md. — New Energy Technologies, Inc. (NENE), a next-generation alternative and
renewable energy developer, today announced that the Companys patent
attorneys have filed international patent applications under the Patent
Cooperation Treaty (PCT), for its MotionPowerTM kinetic
energy harvesting technology. The PCT application is an important step
in obtaining protection for New Energys MotionPower technology in as
many as 142 nations.
Enhancing New Energys patent position and developing a solid
intellectual property portfolio are significant measures which ensure
that our proprietary technology is globally protected and can be
confidently commercialized without fear of near-term exploitation from
imitators, explained Mr. Meetesh V. Patel, President and CEO of New
Energy Technologies, Inc.
The protection of our intellectual property is especially important
now, having recently achieved significant, exponential improvements in
our ability to capture the kinetic energy of moving vehicles the most
important factor in maximizing the amount of electricity generated by
the system.
Recently, the Company announced that engineers developing the Companys
commercial-scale MotionPower-Heavy device for generating electricity
from the movement of heavy trucks, buses, and long haul rigs have made
significant breakthroughs in refinement of the technology, including a
two-fold increase in its capacity to capture kinetic energy from moving
vehicles.
Previously, the Companys MotionPower- Auto technology for generating
electricity from the movement of cars and light trucks achieved a
25-fold increase in its capacity to capture energy from moving vehicles.
The PCT patent applications for New Energys MotionPower technologies
are directed to a vehicle energy harvester technology which converts the
energy of a moving vehicle into useful power, and additionally, makes
use of vehicle mass, velocity, and acceleration to ultimately produce a
set of usable forces in a vehicle energy harvester, such as MotionPower.
The Companys MotionPower devices are engineered as a practical and
useful alternative energy technology for generating valuable electricity
from the millions of vehicles on our roadways. More than 250 million
vehicles are registered in America, and an estimated 6 billion miles are
driven on our nations roads 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 Companys 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
Americas roadways, every day; and -
SolarWindow technologies which enable transparent glass
windows to generate electricity by coating their glass surfaces with
the worlds smallest known solar cells. These solar coatings are less
than 1/10th the thickness of thin films and make use of the worlds
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
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