BOULDER, Colo., June 21, 2005 (PRIMEZONE) -- Energy Conservation Technologies, Inc. (Pink Sheets:ENYC), a landmark technology company ("Econ"), has received the assignment of a patent pending docket number from the US patent office for a new patent to maintain constant power to a gas discharge lamp regardless of the electrical fluctuations in the power supply. Gas discharge lamps include fluorescent lamps and high-pressure sodium and metal halide lamps used in high ceiling lighting applications, such as warehouses and street lighting. In addition, the new technology will allow dimming and establish a significant cost advantage for Econ's HID electronic ballast.
Econ's new patent pending invention is a unique economical method that solves the problem of maintaining constant power to gas discharge lamps as they age or electrical power fluctuates. Less efficient, older gas discharge lamps require more energy to produce the same amount of light. Constant power maintenance into a gas discharge lamp means better lumen maintenance, that is, average light output remains the same throughout the life of the lamp.
Compared to magnetic ballasts, ECON's new invention will increase the operating life and performance of gas discharge lamps, especially HID lamps. It will also lower maintenance costs (labor costs to remove and install lamps and ballasts can exceed the actual lamp and ballast cost). The dimming feature will save additional electrical energy, when applied, adding to the cost savings and thus shorten the pay back period for the replacement of inefficient magnetic HID ballasts and the installations of ECON's electronic HID ballast.
Econ's new breakthrough technology for maintaining constant power into a lamp will cost only a fraction to manufacture relative to what is now available in the current marketplace. It will perform better at a lower price and increase the durability of a combined lamp-ballast operation.
Econ Chairman and Director of Engineering, Fazle Quazi stated that, "This invention will give us a competitive edge both from a performance and cost point of view for years to come. In addition, it will extend actual lamp operating life by saving significant amounts of electrical energy once it begins to be widely used in the United States and foreign countries."
About Energy Conservation Technologies, Inc.
Energy Conservation Technologies, Inc. holds a patent for "Control Circuit for power factor corrected electronic ballasts and power supplies," patent No: 6,359,395, granted on March 19, 2002 developed by its founder, Fazle Quazi. The current patent covers power factor corrections and controlling energy into bulbs and power supplies such as: computer servers, copy machines, compact fluorescent lamps, power supplies to the telecom industry, inverters used to convert DC power to AC power (120 Volts), automobiles specialty lighting, solar and wind power generators, and fuel cells.
New patent applications involving the lighting industry are now being drafted after extensive testing. These new designs will revolutionize the HID lighting industry, annually a $2 billion dollar market in the United States and over $10 billion on an international basis. Econ's HID electronic ballasts will be available at costs comparable to magnetic ballasts, reducing ballast weight by a factor of 10 and saving an estimated 35 percent of electrical energy over magnetic ballast usage. Econ has begun development of electronic ballasts for the new high-wattage compact fluorescent bulbs, scaling down its existing designs for this purpose.
Econ is committed to keep its technology on the cutting edge of both the HID electronic ballast world and emerging developments for high power compact electronic fluorescent bulbs that will replace incandescent bulbs and in some cases HID bulbs used for flood lighting, gymnasiums, high ceiling applications and specialty and architectural lighting.
Discussions are now in progress with a lighting manufacturer in Mexico and with a Fortune 500 company regarding licensing our patents and future patent filings.
FORWARD LOOKING STATEMENT DISCLAIMER:
Statements describing objectives or goals or our future plans are forward-looking statements and are subject to certain risks and uncertainties, including among other factors our financial performance, our ability to license or market our new designs and the performance of those designs, the market for ballasts, and other technological developments in ballasts and lighting in general, which could cause actual results to differ materially from those projected in this release.