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New Green Technologies Outlines How Their Technologies Fit the New Administration's Energy Policy

Tue. December 16, 2008; Posted: 11:23 AM
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TAMPA, Fla., Dec 16, 2008 (BUSINESS WIRE) -- NGRN | Quote | Chart | News | PowerRating -- New Green Technologies, Inc., (OTCBB:NGRN) announced that it has three main technology areas for the creation of energy which will fit into the priorities of the new Presidential administration's energy policy for America. That policy includes the goal that 10 percent of the electrical needs of America should be met by renewable energy by 2012. New Green is able to make fuels, and create electricity, from all three of its technologies. New Green's three unique technologies include: oil and gas production from waste, which is usually land filled; a plasma technology that can take hazardous waste fluids and make energy rich gases; and third, a piston driven system which takes waste flows of gas and liquid to create electricity. Through the use of these technologies, New Green will help America, and the world reach the goal of carbon emissions reduction.

As stated in President-Elect Obama's energy policy, "it summons the nation to face one of the great challenges of our time: confronting our dependence on foreign oil, addressing the moral, economic and environmental challenge of global climate change, and building a clean energy future that benefits all Americans."

"New Green has acquired and developed technologies which fit numerous roles for the creation of clean sources of renewable energy," stated New Green CEO and Chairman, Craig A. Huffman. "We will be able to succeed in large market entry with technologies that will help fulfill the goals of America and the President-Elect."

With the commercially proven Catalytic Activated Vacuum Distillation (CAVD) system, New Green has positioned itself to be a major player in the waste to energy industry. New Green can sell CAVD or own plants for large scale energy production of oil and gas from numerous waste products, such as automobile waste, carpet waste, bio wastes (tobacco, citrus, wood, etc.) and other wastes such as plastics, carpet, municipal, and other sources. The system has been proven by CRT, a private company which owns all tire use of the technology. CRT has been using the technology to breakdown tires for the past three years and sell the gas or carbon to various industries. The CAVD system takes the waste sources and turns them into real renewable energy either in raw form, or converted to electricity.

New Green's plasma-based technology splits apart the complex molecular bonds of water and hydrocarbon wastes to produce the clean burning, hydrogen-based fuel. The plasma system compares favorably with conventional combustion technologies used in the disposal of liquid wastes in several significant areas. Preliminary tests have indicated that passing PCB laden liquids through a plasma arc similar to that found in the plasma converters results in the destruction of the PCB molecules. The plasma system has been used on waste oils, waste antifreeze and other toxic materials.

New Green's Energy Commander is a patented technology utilizing waste water, fluid or gas flow from any source where flow pressure is present, and yet wasted, to create electricity. While NGRN concentrates its efforts on its other waste to energy technologies, the Energy Commander will be developed through third parties to use the technology to take in the wasted pressure flows of gas wells to create electricity for use at the wells, to power filters and power needed at the well sites, including pumps.

"All three of New Green's energy technology areas are not only profitable in all models, but will make clean and efficient energy, and help reach the goals of America and the new administration," stated Huffman.

About New Green Technologies, Inc.

New Green Technologies, Inc. (OTCBB: NGRN). New Green Technologies is currently focused on using its newly acquired technology to move forward in the bio-fuel and waste flow industries. With revolutionary technology, the Company can now make significant impact in the newly emerging bio-fuel and other waste industries. New Green Technologies primary technology is the Catalytic Activated Vacuum Distillation (CAVD) system which is an exclusively patented technology which allows waste products, such as DDG, carpet waste, algae, citrus waste, tobacco waste, municipal waste, and others, to be converted into a bio-fuel and gas. The Company has also acquired a plasma arc to energy technology along with a patented technology using waste water, fluid or gas flows to create electricity. New Green's unique hydro and gas technology is being licensed to other parties for development.

Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statement of NGRN officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future NGRN actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and NGRN has no specific intention to update these statements.

SOURCE: New Green Technologies, Inc.

For New Green Technologies, Inc. C Jones Consulting Allen Jones, 727-771-9500

For full details for NGRN click here.

    


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