New Energy Technologies

Electricity generated by New Energy’s SolarWindow™ on prototypes of see-thru glass windows will be demonstrated at 2:30p.m. EDT at theDell Akku University of South Florida at this location: Science Center (SCA) Board Room (hp pavilion dv2000 Akku ) Research Laboratory (Acer Akku), where both natural and artificial light sources will be used as power sources. The demonstration will be led by Dr. Xiaomei Jiang, lead researcher at the Department of Physics at the University of South Florida, whose work with the world’s smallest working organic solar cells to generate electricity on see-thru glass was made possible. Additionally, John A. Conklin, President and CEO of New Energy Technologies, Inc. will be among the event’s hosts.

New Energy researchers have developed a working prototype of the Company’s SolarWindow™ technology in preparation for eventual full-scale production. Low production costs, improved manufacturability, and increased power performance are among important, recently announced objectives researchers are now targeting. hp pavilion dv6000 Akku Key to these advances is the development of new methods and technologies for applying NewNotebook Akku Energy’s electricity-generating coatings to see-thru glass surfaces. New Energy’s working prototype serves as a model for future advancements to various surface coating techniques and methodologies for applying SolarWindow™ coatings to see-thru glass.

“The public demonstration of our novel SolarWindow™ technology is a very exciting milestone for all our stakeholders, including the research team, management, and shareholders HP Compaq Akkuof New Energy,” stated Mr. John A. Conklin, President and CEO of New Energy Technologies,hp pavilion dv9000 Akku Inc. “We’re eager to demonstrate how far we have come in developing the first-ever technology of its kind with the potential to radically change the way in which we power the estimated 80 million detached homes and 5 million commercial buildings in America, and throughout the world.”

Electrical power is generated on see-thru glass when New Energy’s SolarWindow™ coatings are sprayed onto surfaces using commercially available technologies. This patent-pending process enables researchers to spray SolarWindow™ coatings ontoAcer Aspire 5935 Akku glass at room temperature, eliminating expensive and often cumbersome high-temperature or high-vacuum production methods hp compaq nx7400 Akkucommonly used by current solar manufacturers.

Until now, solar panels have remained opaque with the prospect of creating a see-thru glass window capable of generating electricity limited by the use of metals and various expensive processes which block visibility and prevent light from passing through glass surfaces.

We applaud Dr. Jiang for her ongoing work and collaboration of the research team at the hp compaq 6710b Akku Physics lab at the University of South Florida for helping us develop an early scale working prototype of Dell Vostro 1710 Akku SolarWindow™ along with significant breakthroughs with transparency and the production of electricity on see-thru glass,” commented Mr. Conklin. “A new day is dawning for us and the general public as we look forward to combating escalating energy costs and concerns over the environment.

Researchers are also working to bolster the electrical power output of SolarWindow™, Dell Latitude D620 Akkugenerated from both natural sunlight and artificial sources such as fluorescent lighting typically installed inside commercial offices and incandescent bulbs inside residential homes. Unlike conventional solar technologies, New Energy’s SolarWindow™ generates electricity from both natural and artificial light sources, outperforming today’s commercial solar and thin-film technologies by as much as 10-fold under low-intensity irradiance.

New Energy Technologies, Inc., Acer Aspire 5730ZG Akkutogether with its wholly owned subsidiaries, is a developer of next generation alternative and renewable Acer Aspire 5930 Akkuenergy technologies. Among the Company’s technologies under development are:

MotionPower™ roadway systems for generating electricity by capturing the kinetic energy produced by moving vehicles – a patent-pending technology, the subject of nine patent applications in the United States and two international patent filings. An estimated 250 million registered vehicles drive more than six billion miles on America’s roadways, Acer Aspire 5735 Akkuevery day; and
SolarWindow™ technologies which enable see-thru windows to generate electricity by ‘spraying’ their glass surfaces with New Energy’s electricity-generating coatings. These solar coatings are less than 1/10th the thickness of ‘thin’ films and make use of the world’s smallest functionalAcer Aspire 5735Z Akku solar cells, shown to successfully produce electricity in a 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 ourAcer Aspire 5920G Akku business model is the use of established research infrastructure owned by the various institutionsAcer Aspire 5739 Akku 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.

The University of South Florida isAcer Aspire 5920 Akku one of the nation's top 63 public research universities and one of only 25 public research universities nationwide with very high research activity that is designated as community engaged by the Carnegie Foundation for the Advancement of Teaching. USF was awarded $394.1 million in research contracts and grants in FY 2009/2010. Acer Aspire 5930G AkkuThe university offers 232 degree programs at the undergraduate, graduate, specialist and doctoral levels, including the doctor of medicine. The USF System has a $1.8 billion annual budget, an annual economic impact of $3.2 billion, and serves more than 47,000 students on institutions/campuses in Tampa, St. Petersburg, Sarasota-Manatee and Lakeland. Acer Aspire 5920-6661 AkkuUSF is a member of the Big East Athletic Conference.

No statement herein should be considered an offer or a solicitation of an offer for the purchase or sale of any securities. This release contains forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although New Energy Technologies, Inc. (the “Company” or “New Energy Technologies”) believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. Forward-looking statements, which involve assumptions and describe our future plans, strategies, and expectations, are generally identifiable by use of the words “may,” “will,” “should,” “could,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” or “project” or the negative of these words or other variations on these words or comparable terminology.