BOULDER, Colo., July 26, 2005 (PRIMEZONE) -- Energy Conservation Technologies, Inc. (Pink Sheets:ENYC), a landmark technology company ("Econ"), submitted a draft application for a new patent to Patton Boggs after the July 4th holiday, which is a continuation of a recent patent application including Econ's landmark U.S. patent #6,359.395 granted in March 2002.
The new patent application involves a broad area of advanced power conversion topology and products such as HID and fluorescent electronic ballasts as well as power supplies, inverters, battery chargers for telecommunications, automobiles, specialty lighting, solar and wind power generators, and fuel cells. Several new breakthrough inventions and improvements under this patent will make these power products highly energy efficient, compact and cost competitive.
Econ Chairman and Director of Engineering, Fazle Quazi stated, "During the past three months, we have generated new patent applications in the following areas: (1) a novel invention for constant power control in electronic ballasts that will cost only a fraction to produce over the competition's current technology; (2) a unique ballast housing design that is revolutionary and much cheaper to produce than any known product in the marketplace that also has amazing heat dissipation properties and; (3) the latest patent application which will solidify, strengthen and significantly improve our existing technological foundation for years to come. We truly have a superior product that can be produced at a significant savings over competing products."
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 and 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.