New Energy Announces Name Change, New Stock Symbol, and Exclusive Focus on SolarWindow™

Date: 6 March 2015

New Energy Technologies, Inc. (OTCQB: NENE; SOLW, SOLW.D-temporary), developer of see-through coatings capable of generating electricity on glass and flexible plastics, today announced that, effective March 9, 2015, the Company’s name will be “SolarWindow Technologies, Inc.” and shares will trade on the OTCQB market under the stock symbol “SOLW”. Today’s name change follows last week’s news that SolarWindow™ achieves the industry’s fastest-ever financial payback of less than one calendar year when installed on commercial towers, according to newly released financial modeling results.Engineers estimate that SolarWindow™ systems could generate up to 50-times the power of conventional rooftop solar systems while delivering 15-times the environmental benefits.

To produce the equivalent amount of power with conventional solar systems would require at least 5-11 years for payback and at least 10-12 acres of valuable urban land.

“Our most recent payback breakthrough marks a very significant boost for eventual commercialization of SolarWindow™ products. Moving forward, we are devoting all development efforts exclusively to SolarWindow™ products using our see-through electricity-generating coatings,” stated Mr. John Conklin, President and CEO of New Energy Technologies, Inc.

The Company’s name change to “SolarWindow Technologies, Inc.” and redesigned logo aligns its corporate identity with its core product. A new website and marketing collateral aligns the corporate brand with New Energy’s focused development of SolarWindow™ products, important for future customers, development partners, and investors. On March 9, 2015 the Company’s new website will be launched at www.SolarWindow.com.

New Energy’s development efforts will be exclusively directed to SolarWindow™ products for the estimated 85 million commercial buildings and detached homes in the United States. Intellectual property and related ‘know-how’ assets from legacy technologies, such as MotionPower™, will continue to be retained by the Company.

600450

www.newenergytechnologiesinc.com

2015-03-06T12:00:00

New Energy Announces Name Change, New Stock Symbol, and Exclusive Focus on SolarWindow™ glassonweb.com

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