BOULDER, Colo., Dec. 1, 2004 (PRIMEZONE) -- Energy Conservation Technologies, Inc. (Econ) (Pink Sheets:ENYC), a Nevada-based corporation originally founded in 2000, has retained the law firm of Patton Boggs, www.pattonboggs.com, an international and trade law firm with over 200 international clients from over 70 countries, to file its new patent applications.
Patton Boggs has participated in the formation of every major multilateral trade agreement considered by Congress and is a full-service firm with a national presence in every major area of legal representation. One of their clients is the country of Mexico, utilizing their Washington, DC office. James M. Graziano, a partner in the Denver, Colorado office, specializing in Intellectual Property, has 35 years of experience in the fields of communications technology, computer science, software, circuit and systems design and is familiar with Econ's technology, having drafted its current patent. He will be filing the additional patents for the Company's HID electronic ballast.
Econ's new patent filings are "extensions" of the landmark "power factor corrected electronic ballasts and power supplies" patent the Company received on March 19, 2002. Having this basis, Econ is comfortable on the patent's progress through the U.S. Patent Office.
About Energy Conservation Technologies, Inc.
Energy Conservation Technologies, Inc. holds a patent for "Control Circuit for power factor corrected electronic ballasts and power supplies," patent No: 6,359,395, granted on March 19, 2002 developed by its founder, Fazle Quazi. The current patent covers power factor corrections and controlling energy into bulbs and power supplies such as: computer servers, copy machines, compact fluorescent lamps, power supplies to the telecom industry, inverters used to convert DC power to AC power (120 Volts), automobiles specialty lighting, solar and wind power generators, and fuel cells.
New patent applications involving the lighting industry are now being drafted after extensive testing. These new designs will revolutionize the HID lighting industry, annually a $2 billion dollar market in the United States and over $10 billion on an international basis. Econ's HID electronic ballasts will be available at costs comparable to magnetic ballasts, reducing ballast weight by a factor of 10 and saving an estimated 35 percent of electrical energy over magnetic ballast usage.
Discussions are now in progress with a major lighting manufacturer in Mexico and with a Fortune 500 company regarding licensing our patents and future patent filings.
FORWARD LOOKING STATEMENT DISCLAIMER:
Statements describing objectives or goals or our future plans are forward-looking statements and are subject to certain risks and uncertainties, including among other factors our financial performance, our ability to market our new designs and the performance of those designs, the market for ballasts, other technological developments in ballasts and lighting in general, which could cause actual results to differ materially from those projected in this release.