Engineer, technology expert and successful executive, Mr. John Beakes, Jr., joins advisory board to advance Company’s MotionPower™ technologies for generating electricity from vehicles in motion.
Washington, DC – April 20, 2009 – New Energy Technologies, Inc. (Symbol:NENE),a next-generation alternative and renewable energy developer, today announced the appointment of Mr. John Beakes, Jr. to its Advisory Board, in order to further advance the development of the Company’s recently prototyped MotionPower™ technology for generating electricity from otherwise wasted energy from cars in motion.
Mr. Beakes has many years of experience in engineering projects, and is a proven business executive, having previously served as President and Co-Founder of RWD Technologies, Inc. and Executive Vice President and Chief Operating Officer of General Physics Corporation. Mr. Beakes’ assignments at both General Physics and RWD Technologies were during their formative periods, and he was involved in senior leadership positions as the organizations grew to greater than 1,000 employees, expanded to international markets, and had successful Initial Public Offerings.
A former Officer in the United States Navy’s nuclear submarine force, Mr. Beakes holds a M.S. degree in Environmental Engineering and B.S. with concentration in Nuclear Science.
“I am pleased to welcome Mr. Beakes to our team,” stated Meetesh V. Patel, Esq., President and CEO of New Energy Technologies, Inc. “Recently, we announced development of our early MotionPower™ technology prototype. Now it’s time to propel our MotionPower™ energy harvesting technology along the advanced prototyping and commercialization pathway, and I’m confident that John’s engineering experience and business savvy will help us do so.”
Recently, New Energy Technologies, Inc. announced that engineers have successfully engineered and built the Company’s first prototype MotionPower™ energy harvesting device – a novel, modular, mechanical system, engineered to exploit the energy traditionally wasted by moving cars and light vehicles in order to generate electricity. Engineers are in the process of further optimizing the efficiency of the MotionPower™ device in preparation for installations at high traffic locations such as toll booths, traffic intersections, rest areas, travel plazas, border crossings, and neighborhoods with traffic calming zones.
The device has been engineered to be easy to manufacture and be resistant to damage from weather, vehicles, and road debris. Moreover, the prototype’s modular design allows for ease of installation and maintenance and also provides installers with the flexibility of shortening or lengthening the MotionPower™ energy harvester in order to customize the system based on site conditions while maximizing power output.
Once installed, engineers anticipate that MotionPower™ devices may be used to augment or replace conventional electrical supplies for powering roadway signs, street and building lights, storage systems for back-up and emergency power, and other electronics, appliances, and devices in homes and businesses.
“With nearly 250 million cars travelling America’s roadways, our MotionPower™ technology could serve as a clean source of valuable electricity. This is a transformational technology and I’m excited to see it move towards advanced development and commercialization with Mr. Beakes assistance,” concluded Mr. Patel.
Mr. John Beakes, Jr: Proven Executive, Business Strategist & Engineer
Mr. Beakes earned his M.S. degree in Environmental Engineering from Johns Hopkins University and his B.S. degree with a concentration in Nuclear Science from the United States Naval Academy.
After serving as an Officer in the United States Navy’s nuclear submarine force, in 1974 Mr. Beakes joined General Physics Corporation during its formative years, and served in positions of increasing responsibility as the company grew from a startup organization that was narrowly focused on nuclear power plant training to a diversified technical services firm providing training, operations and engineering services to a wide variety of industry and government customers. He was promoted to Executive Vice President and Chief Operating Officer in 1986, and led its operations while it grew to 1,800 employees.
In 1988, Mr. Beakes co-founded RWD Technologies and served as its President and Chief Operating Officer as it grew to be a 1,200 person, diversified, global technical services firm. He retired from RWD at the end of 2000. He presently serves as Chairman of the Boards of Next Century Corporation and Exemplary Performance, LLC; as an Executive Vice President of General Physics Corporation; and as President of Operational Performance Solutions, Inc. In each of these assignments, Mr. Beakes focuses on providing experienced input on corporate strategy, technology assessment, and business expansion.
SolarWindow Technologies, Inc. is a developer of next generation, transparent electricity-generating SolarWindow™ coatings.
SolarWindow™ coatings generate electricity on see-through glass and flexible plastics with colored tints popular to skyscraper glass. Unlike conventional systems, SolarWindow™ can be applied to all four sides of tall towers, generating electricity using natural and artificial light conditions and even shaded areas. SolarWindow™ uses organic materials, which are dissolved into liquid, ideal for low-cost high-output manufacturing; and is the subject of a patent pending technology.
The company’s Proprietary Power Production & Financial Model (Power & Financial Model) uses photovoltaic (PV) modeling calculations that are consistent with renewable energy practitioner standards for assessing, evaluating and estimating renewable energy for a PV project. The Power & Financial Model estimator takes into consideration building geographic location, solar radiation for flat-plate collectors (SolarWindow™ irradiance is derated to account for 360 degree building orientation and vertical installation), climate zone energy use and generalized skyscraper building characteristics when estimating PV power and energy production, and carbon dioxide equivalents. Actual power, energy production and carbon dioxide equivalents modeled may vary based upon building-to-building situational characteristics and varying installation methodologies.
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