New Energy Expands Advisory Board to Advance Technologies to Generate Electricity from Vehicles in Motion

Engineer, technology expert and successful executive, Mr. John Beakes, Jr.,
joins advisory board to advance Company`s MotionPower technologies for
generating electricity from vehicles in motion
WASHINGTON--(Business Wire)--
New Energy Technologies, Inc. (OTCBB: NENE), a next-generation alternative and
renewable energy developer, today announced the appointment of Mr. John Beakes,
Jr. to its Advisory Board, in order to further advance the development of the
Company`s recently prototyped MotionPower technology for generating electricity
from otherwise wasted energy from cars in motion.

Mr. Beakes has many years of experience in engineering projects, and is a proven
business executive, having previously served as President and Co-Founder of RWD
Technologies, Inc. and Executive Vice President and Chief Operating Officer of
General Physics Corporation. Mr. Beakes' assignments at both General Physics and
RWD Technologies were during their formative periods, and he was involved in
senior leadership positions as the organizations grew to greater than 1,000
employees, expanded to international markets, and had successful Initial Public
Offerings.

A former Officer in the United States Navy`s nuclear submarine force, Mr. Beakes
holds a M.S. degree in Environmental Engineering and B.S. with concentration in
Nuclear Science.

"I am pleased to welcome Mr. Beakes to our team," stated Meetesh V. Patel, Esq.,
President and CEO of New Energy Technologies, Inc. "Recently, we announced
development of our early MotionPower technology prototype. Now it`s time to
propel our MotionPower energy harvesting technology along the advanced
prototyping and commercialization pathway, and I`m confident that John`s
engineering experience and business savvy will help us do so."

Recently, New Energy Technologies, Inc. announced that engineers have
successfully engineered and built the Company`s first prototype MotionPowerTM
energy harvesting device-a novel, modular, mechanical system, engineered to
exploit the energy traditionally wasted by moving cars and light vehicles in
order to generate electricity. Engineers are in the process of further
optimizing the efficiency of the MotionPowerTM device in preparation for
installations at high traffic locations such as toll booths, traffic
intersections, rest areas, travel plazas, border crossings, and neighborhoods
with traffic calming zones.

The device has been engineered to be easy to manufacture and be resistant to
damage from weather, vehicles, and road debris. Moreover, the prototype`s
modular design allows for ease of installation and maintenance and also provides
installers with the flexibility of shortening or lengthening the MotionPowerTM
energy harvester in order to customize the system based on site conditions while
maximizing power output.

Once installed, engineers anticipate that MotionPowerTM devices may be used to
augment or replace conventional electrical supplies for powering roadway signs,
street and building lights, storage systems for back-up and emergency power, and
other electronics, appliances, and devices in homes and businesses.

"With nearly 250 million cars travelling America`s roadways, our MotionPower
technology could serve as a clean source of valuable electricity. This is a
transformational technology and I`m excited to see it move towards advanced
development and commercialization with Mr. Beakes assistance," concluded Mr.
Patel.

Mr. John Beakes, Jr: Proven Executive, Business Strategist & Engineer

Mr. Beakes earned his M.S. degree in Environmental Engineering from Johns
Hopkins University and his B.S. degree with a concentration in Nuclear Science
from the United States Naval Academy.

After serving as an Officer in the United States Navy's nuclear submarine force,
in 1974 Mr. Beakes joined General Physics Corporation during its formative
years, and served in positions of increasing responsibility as the company grew
from a startup organization that was narrowly focused on nuclear power plant
training to a diversified technical services firm providing training, operations
and engineering services to a wide variety of industry and government customers.
He was promoted to Executive Vice President and Chief Operating Officer in 1986,
and led its operations while it grew to 1,800 employees

In 1988, Mr. Beakes co-founded RWD Technologies and served as its President and
Chief Operating Officer as it grew to be a 1,200 person, diversified, global
technical services firm. He retired from RWD at the end of 2000. He presently
serves as Chairman of the Boards of Next Century Corporation and Exemplary
Performance, LLC; as an Executive Vice President of General Physics Corporation;
and as President of Operational Performance Solutions, Inc. In each of these
assignments, Mr. Beakes focuses on providing experienced input on corporate
strategy, technology assessment, and business expansion.

About New Energy Technologies, Inc.

New Energy Technologies, Inc., together with its wholly owned subsidiaries, is a
developer of next generation alternative and renewable energy technologies.

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validate and support the results of our preliminary research and studies.
Further, there can be no assurance that the necessary regulatory approvals will
be obtained or that New Energy Technologies, Inc. will be able to develop
commercially viable products on the basis of its technologies. In addition,
other factors that could cause actual results to differ materially are discussed
in the Company's most recent Form 10-QSB and Form 10-KSB filings with the
Securities and Exchange Commission. These reports and filings may be inspected
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New Energy Technologies Inc.
Briana Erickson
Tel: 1-800-213-0689
Email: BRIANA@newenergytechnologiesinc.com
www.newenergytechnologiesinc.com

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