New Energy Technologies, Inc. (OTCQB: NENE), developer of see-through
coatings capable of generating electricity on glass and flexible
plastics, announced that, effective today, March 9, 2015, the Company’s
name is “SolarWindow Technologies, Inc.” Visit our new Company identity
and website at: www.solarwindow.com.
The company’s stock ticker will change, pending Financial Industry
Regulatory Authority (FINRA) approval. SolarWindow™ will announce the
use of its new ticker symbol upon FINRA approval. Until then, shares of
stock continue to be traded as OTCQB: NENE.
About SolarWindow Technologies, Inc.
SolarWindow Technologies, Inc. is a developer of next generation
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.
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. As a result,
we are able to benefit from leading edge research while employing
significantly less capital than conventional organizations.
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 3600 building
orientation and vertical installation), climate zone energy use and
generalized skyscraper building characteristics when estimating PV power
and energy production, and carbon dioxide (CO2) equivalents.
Actual power, energy production and CO2 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: www.solarwindow.com.
To receive future press releases via email, please visit: http://solarwindow.com/investors/investor-information/.
To view the full HTML text of this release, please visit: http://solarwindow.com/media/news-events/.
For media inquiries, please contact Jerry Schranz at Solarwindow@antennagroup.com,
or visit our Media Relations page for additional contact information: http://solarwindow.com/media/media-relations/.
For answers to frequently asked questions, please visit our FAQs page: http://solarwindow.com/investors/faqs/.
Legal Notice Regarding Forward-Looking Statements
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 SolarWindow Technologies, Inc. (the “Company” or
“SolarWindow 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. The
reader is cautioned not to put undue reliance on these forward-looking
statements, as these statements are subject to numerous factors and
uncertainties, including but not limited to adverse economic conditions,
intense competition, lack of meaningful research results, entry of new
competitors and products, adverse federal, state and local government
regulation, inadequate capital, unexpected costs and operating deficits,
increases in general and administrative costs, termination of contracts
or agreements, technological obsolescence of the Company's products,
technical problems with the Company's research and products, price
increases for supplies and components, litigation and administrative
proceedings involving the Company, the possible acquisition of new
businesses or technologies that result in operating losses or that do
not perform as anticipated, unanticipated losses, the possible
fluctuation and volatility of the Company's operating results, financial
condition and stock price, losses incurred in litigating and settling
cases, dilution in the Company's ownership of its business, adverse
publicity and news coverage, inability to carry out research,
development and commercialization plans, loss or retirement of key
executives and research scientists, changes in interest rates,
inflationary factors, and other specific risks. There can be no
assurance that further research and development will validate and
support the results of our preliminary research and studies. Further,
there can be no assurance that the necessary regulatory approvals will
be obtained or that SolarWindow Technologies, Inc. will be able to
develop commercially viable products on the basis of its technologies.
In addition, other factors that could cause actual results to differ
materially are discussed in the Company's most recent Form 10-Q and Form
10-K filings with the Securities and Exchange Commission. These reports
and filings may be inspected and copied at the Public Reference Room
maintained by the U.S. Securities & Exchange Commission at 100 F Street,
N.E., Washington, D.C. 20549. You can obtain information about operation
of the Public Reference Room by calling the U.S. Securities & Exchange
Commission at 1-800-SEC-0330. The U.S. Securities & Exchange Commission
also maintains an Internet site that contains reports, proxy and
information statements, and other information regarding issuers that
file electronically with the U.S. Securities & Exchange Commission at http://www.sec.gov.
The Company undertakes no obligation to publicly release the results of
any revisions to these forward looking statements that may be made to
reflect the events or circumstances after the date hereof or to reflect
the occurrence of unanticipated events.
Copyright Business Wire 2015