New Energy Appoints Proven Executive to Introduce Novel Electricity-Generating Technologies to Industry

New Energy Technologies, Inc. announced plans to introduce the company’s novel electricity-generating technologies to commercial interests and industry participants with the appointment of J. Patrick Thompson as its vice president of business and technology development.

Thompson is an accomplished industry executive and glass manufacturing-process engineer who brings particular expertise in solar, plastics and film, glass, and solar-glass segments – all important areas of commercial interest and technology development for New Energy’s SolarWindow.

Previously, Thompson served as vice president of Asahi Glass Company’s Solar Business Unit, where he’s credited with the development and commercial introduction of 11 new products in 2010 alone. Thompson developed AGC’s solar glass division from the ground up, achieving more than $200 million in revenues and growing sales to commanding 70% market share in North America. Asahi Glass Company is a global glass leader reporting nearly $16 billion in 2010 sales.

“Patrick has a proven track record with Fortune 100 companies in industry segments most important to the future development and eventual commercial launch of our novel technologies,” explained John A. Conklin, president and CEO of New Energy Technologies, Inc. “In the past few months, while serving on our Board of Advisors, Patrick’s advice and counsel have been invaluable. I’m proud to now welcome Patrick to our management team during this very exciting time, especially in light of the important development progress we’ve made with SolarWindow in recent months.”

Recently, the company has achieved significant milestones in the development of its novel SolarWindow technology, capable of generating electricity on see-through glass. Notably, in March, 2012, New Energy Technologies, Inc. and the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) announced the development of ‘invisible wires’ for transporting electricity on SolarWindow. Weeks earlier, New Energy and NREL fabricated the institute’s largest-ever organic photovoltaic device.

“The ability to generate electricity on glass windows while remaining see-through is a truly disruptive industry breakthrough which could stand to change the way in which we power our homes, offices, and commercial businesses,” explained Thompson. “I’m excited to be part of advancing New Energy’s SolarWindow towards commercialization and very much look forward to helping introduce our technology to industry and commercial interests.”

In addition his efforts at Asahi Glass Company, Thompson previously worked to examine and improve product sales and marketing efforts at GE Plastics. He identified the single largest sales opportunity in the company’s history, earning him the organization’s MVP award for sales and marketing.

At Ciba Specialty Chemicals, Thompson worked with multinational companies, including Texas Instruments, Mitsubishi Semiconductor, Lockheed Martin and Harris Semiconductor on global applications, achieving an increase in total divisional sales by 39%, the highest of any division. Recently, he served as Business Development Consulting Engineer with Siemens AG Renewable Energy.

Thompson earned his mechanical undergraduate degree from Clemson University and completed the Dynamic Leadership program at International Management Development in Lausanne, Switzerland.