DALLAS, Aug. 19, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring New Energy Technologies Inc. (OTCBB:NENE). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The investment report on New Energy Technologies Inc. (OTCBB:NENE) should be of particular interest to energy technologies companies: Arrowhead Research Corp. (Nasdaq:ARWR), Ascent Solar Technology Inc. (Nasdaq:ASTI), DayStar Technologies Inc. (Nasdaq:DSTI) and First Solar Inc. (Nasdaq:FSLR).
It is available at: http://www.beaconequity.com/i/NENE
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New Energy Technologies Inc. (NENE) is engaged in the research, development and commercialization of new technologies of transportation infrastructures and systems. The Company develops systems to capture kinetic energy as part of a broader goal of sustainable alternative energy to fossil fuels.
In the report, the analyst notes:
"The Company's two patent-pending ultra-low profile technologies named MotionPower include converting energy from vehicles into electricity, and a first-of-its-kind roadway embedded peristaltic action vehicle energy harvest for larger vehicles such as tractor trailers, buses, trucks and other large vehicles. The Company has filed nine patents protecting its novel technologies that convert kinetic energy to usable stored electrical energy.
"On July 28, NENE announced its expansion of its latest MotionPower(tm) device designed to generate electricity through kinetic energy. The MotionPower will be evaluated at the Holiday Inn Express Baltimore where the device will undergo durability tests from the movement of cars and light trucks at the hotel. A Hillside, New Jersey Burger King drive-through is another site recently chosen for the MotionPower prototype."
To read the entire report visit: http://www.beaconequity.com/i/NENE
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