New Energy Advances Commercial-Use Power Production Model of SolarWindow™ Following Validation by Independent Expert, Dr. Steven S. Hegedus

Columbia, MD – December 15, 2010 – New Energy Technologies, Inc. (OTCBB: NENE) today announced that successful independent corroboration of early power modeling for the Company’s SolarWindow™ has spurred active development of advanced ‘commercial-use’ models for calculating power production and energy savings for the first-of-its-kind technology capable of generating electricity on glass while remaining see-thru. Once…