BOULDER, Colo., March 21, 2006 (PRIMEZONE) -- Energy Conservation Technologies, Inc. (Pink Sheets:ENYC), a landmark technology company ("Econ"), announces a new patent filing that will make HID ballasts and fluorescent electronic ballasts, and other energy savings power products cost less to produce and provide superior performance in commercial applications. This patent involves major new inventions and extends ECON's original U.S. patent Number 6,359,395, granted in 2002.
The patent will protect all primary aspects of high and low wattage, low and high frequency HID ballast circuitry and becomes the primary foundation for the commercially available ECON HID electronic ballasts. Fazle Quazi, Econ Chairman and Director of Engineering stated, "We are confident that our technological foundation is the most advanced, energy efficient, reliable and cost effective HID ballast available now and in the foreseeable future."
Fazle Quazi further indicated, "Under this patent, many power products including HID ballasts and fluorescent electronic ballasts can be built at a much lower cost while providing superior performance in their usage. Other power products are AC-DC power supplies and DC-AC inverters commonly used in battery backup applications, such as the telecommunications industry."
This new patent is the foundation to begin ECON's commercialization and the necessary protection required to produce cost effective products with superior performance and compete in the estimated ten billion dollar national and international marketplace utilizing HID lighting.
About Energy Conservation Technologies, Inc.
Energy Conservation Technologies, Inc. holds patents and has patent pending status for technology developed by its founder, Fazle Quazi. These cover 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, significantly reducing ballast weight and saving an estimated 25 to 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.
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.