New Energy Appoints Chief Operating Officer, Mr. Andrew T. Farago

Columbia, MD – December 21, 2010 – New Energy Technologies, Inc. (OTCBB: NENE) today announced the appointment of its Chief Operating Officer, Mr. Andrew T. Farago, who brings specific expertise with nurturing growth companies, building corporate partnerships, clean-tech finance, hedge-fund management and operations, and environmental law. Mr. Farago has 16 years of investment, hedge fund,…