New Energy to Test System for Generating Electricity from Motion of Trucks at Industrial Park Servicing America’s Third Largest Seaport

MotionPower™ technology for generating electricity from trucks and big rigs to be field-tested at high-traffic 8.7 million square foot industrial park, servicing largest maritime cargo center on the East Coast and located on nation’s fifth busiest toll-road.

Heller’s 8.7 million square foot flagship Industrial Park located in Edison NJ at New Jersey Turnpike Exit 10.

Burtonsville, MD – May 17, 2010 – New Energy Technologies, Inc. (OTCBB:NENE), developer of MotionPower™ technologies for generating sustainable electricity from the kinetic energy of moving vehicles and SolarWindow™ technologies capable of generating electricity on see-thru glass windows, today announced plans to initiate first-ever field tests of the Company’s recently prototyped MotionPower™-Heavy technology with Heller Industrial Parks’ flagship industrial park in metropolitan New York, in one of the largest contiguous foreign-trade zones in the United States.

“We’re eager to field test the MotionPower™-Heavy system in real world settings 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,” stated Mr. Meetesh V. Patel, President and CEO of New Energy Technologies, Inc.

“I’m proud to announce that our first-ever field tests of this brand new technology will take place with Heller, one of America’s largest and most respected privately-held owners and developers of industrial real estate and commercial distribution sites.  I’m especially excited that our tests will be conducted at Heller’s flagship location, servicing the East Coast’s largest maritime cargo center and the third largest port in the nation.  We couldn’t ask for a better location!”

“New Jersey is strategically centered between Boston and Washington, D.C., with a strong highway network. Having warehouses close to the port enables distributors to decrease handling time and labor costs on products,” explained Mr. Jeffrey J. Milanaik, President of Heller Industrial Parks, Inc.

“Our clients not only demand superior locations, but state-of-the-art facilities.  Heller has a long history of being ahead of the curve when it comes to innovation and we are constantly looking for ways to provide clients with enhanced energy efficiency. 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.”

New Energy conducts in-house testing on MotionPower™-Heavy System for generating electricity from large commercial vehicles.

.MotionPower™-Heavy: Discreetly Capturing Kinetic Energy to Generate Sustainable Electricity

Engineers consider high traffic installation sites, such as the Heller location, ideal for harvesting the excess ‘kinetic’ energy of commercial trucks and big rigs to generate sustainable electricity using New Energy’s first-of-its-kind MotionPower™-Heavy technology. Excess kinetic energy is produced similar to the energy present when a bicycle continues to roll even after a cyclist has stopped pedaling.

New Energy’s discreet, low-profile MotionPower™ systems are designed to capture the unused kinetic energy of slowing heavy commercial vehicles only at points where they are required to slow down or come to a stop, thus ensuring that moving vehicles are not ‘robbed’ of energy otherwise required to accelerate.  Once captured, the Company’s MotionPower™ technology creatively converts this excess kinetic energy into sustainable electricity.

Click here to view a video demonstration of the MotionPower™-Heavy commercial-scale prototype, unveiled last month:
www.NewEnergyTechnologiesInc.com/HeavyVideo

Click here to read New Energy’s April 29, 2010 press release, announcing completion of the MotionPower™-Heavy prototype:
http://www.newenergytechnologiesinc.com/NENE20100429

Having completed the Company’s first commercial-scale MotionPower™-Heavy prototype, New Energy engineers will conduct field-tests of the technology in real world settings, such as Heller’s industrial distribution site in Edison, New Jersey.

The MotionPower™-Heavy system will be tested at Heller’s 8.7 million square foot flagship Industrial Park located in Edison, NJ, designated a part of a fully certified United States Foreign Trade Zone (FTZ) 49 – one of the largest contiguous foreign-trade zones in the United States.  The site is located at interchange 10 at the New Jersey Turnpike, the nation’s 5th busiest toll road in the heart of the Northeast Corridor, midway between Boston and Washington, D.C. and between New York City and Philadelphia with direct links to Newark Liberty International Airport, Philadelphia Airport and the Port of New York and New Jersey, the third-largest seaport in North America and the largest maritime cargo center on the East Coast.

As one of the largest private owners of distribution space in the country, Heller boasts an inventory of over 16 million square feet of space in six states including over 12 million square feet concentrated in New Jersey’s heavily traveled Northeast corridor, 1.5 million square feet in the Dallas/Ft. Worth area, 420,000 square feet in rapidly expanding Houston, and 2 million square feet in Pennsylvania, Illinois, Indiana, Kentucky and Florida.

Engineers envision installation of MotionPower™-Heavy systems across the nation, at active warehousing-distribution centers, cargo loading areas, ports of entry, border crossings, toll booths, weigh scales, rest stops, and other sites where large commercial trucks and big rigs are required to slow down or come to a stop.

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About Heller Industrial Parks, Inc.::

Loading docks at Heller's Industrial Park located in Edison NJ.

Founded 1966, Heller Industrial Parks is one of the nation’s largest privately held industrial park owner and developers, specializing in the building, leasing and management of strategically located distributions centers. The company’s success lies in its ability to locate and reposition overlooked development opportunities. Heller owns more than 12 million square feet of space in New Jersey, concentrated in the state’s heavily traveled Northeast corridor, as well as 1.5 million square feet in the Dallas/Ft. Worth area, 420,000 square feet in the rapidly expanding Houston market, and a total of 2 million square feet in Pennsylvania, Illinois, Indiana, Kentucky and Florida. While industrial distribution centers are the core of the company’s business, Heller’s future includes high-density residential and mixed-use development, as well as renewable energy farming. For more information, visit www.hellerpark.com.

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SolarWindow Technologies, Inc. creates transparent electricity-generating liquid coatings. When applied to glass or plastics, these coatings convert passive windows and other materials into electricity generators under natural, artificial, low, shaded, and even reflected light conditions.

Our liquid coating technology has been presented to members of the U.S. Congress and received recognition in numerous industry publications. Our SolarWindow™ technology may generate 50-times the power of a conventional rooftop solar system and may achieve a one-year payback when installed on all four sides of a 50-story building, according to independently-validated power and financial modeling.

Power and Financial Model Disclaimer

The company's Proprietary Power Production & Financial Model (Power & Financial Model) uses photovoltaic (PV) modeling calculations, which 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 degrees 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.

For additional information, please call Ms. Briana L. Erickson toll­ free at 1­-800­-213­-0689 or visit: 
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