| | News Release
Fortune
100 Executive and Renewable Energy Innovator Joins
SolarWindow |
| | Columbia, MD - August 9, 2017
- SolarWindow
Technologies, Inc. (OTCQB: WNDW), developer of electricity-generating windows for tall towers and
skyscrapers, is pleased to announce the Advisory Board appointment of Mr. David
Gralnik, an accomplished senior executive with worldwide renewable energy
experience at multiple Fortune 100 companies, including Edison Energy, LLC
(Edison), Jones Lang LaSalle (JLL), Honeywell, PG&E and Johnson Controls. |
|  | Mr. David Gralnik, Advisor,
SolarWindow Technologies, Inc.
Mr. Gralnik joins a growing SolarWindow team which
has expertise in: joint-ventures and licensing; large scale energy-products
manufacturing; project finance; glass and energy products sales and
marketing. He brings 30 years’
experience in 14 countries, negotiating the purchase and sale of conventional
and renewable energy systems for large commercial buildings such as shopping
centers, institutional clients, ex-military bases, and skyscrapers.
Consuming
almost 40% of all the electricity generated in the U.S., these commercial
buildings are ideal customers for the company's electricity-generating windows,
which could reduce electricity demand by 30%-50% in tall towers and have a
one-year financial payback, according to independently-validated engineering
modeling.
"As
we'll highlight in our upcoming September 7th production update, the specific
expertise of Mr. Gralnik will help us market our electricity-generating windows
to the estimated 5 million commercial buildings in the U.S. and eventually to
the tens of millions of commercial buildings around the world,” stated Mr. John
Conklin, President and CEO of SolarWindow Technologies, Inc.
From initiating
and closing a first-of-it-kind $300 million biogas contract with one of the
nation's largest utilities (while at Honeywell International), to advising on
energy microgrid installations for retired military bases and renewable energy
strategies for major technology companies (while at Edison and JLL), Mr. Gralnik
is a highly regarded and respected renewable energy executive with over 30
years of experience.
As
Senior Vice President, Global Director of Renewable Energy Services at JLL, he
founded and expanded their renewable energy advisory services practice to 12
countries and won the da Vinci Award for Innovation. JLL is an international
leader in providing advisory and real estate services that include the
purchase, sale, and management of commercial real estate and iconic
skyscrapers, with over 70,000 employees and a 250-year strong history in 80
countries.
Mr.
Gralnik holds a B.A. in business administration from California State
University at Northridge, is Six Sigma certified, and has been quoted in
numerous articles and presented at the World Energy Engineering Conference,
among others. |
| | | | | About SolarWindow Technologies, Inc.
SolarWindow Technologies, Inc.
creates transparent electricity-generating liquid coatings. When applied to
glass or plastics, these coatings convert passive windows and other materials
into electricity generators under natural, artificial, low, shaded, and even
reflected light conditions.
Our liquid coating technology has
been presented to members of the U.S. Congress and has received recognition in
numerous industry publications. Our SolarWindow™ technology has been
independently validated to generate 50-times the power of a conventional
rooftop solar system and achieves a one-year payback when modeled on a 50-story
building.
For additional information, please call Ms. Briana L. Erickson toll-free at 1-800-213-0689 or visit: www.solarwindow.com.
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Media Contact: TrendLogic PR 800-992-6299
contact@trendlogicpr.com
Power and Financial Model DisclaimerThe company’s Proprietary Power Production & Financial Model (Power & Financial Model) uses photovoltaic (PV) modeling calculations that are consistent with renewable energy practitioner standards for assessing, evaluating and estimating renewable energy for a PV project. The Power & Financial Model estimator takes into consideration building geographic location, solar radiation for flat-plate collectors (SolarWindow™ irradiance is derated to account for 360 degree building orientation and vertical installation), climate zone energy use and generalized skyscraper building characteristics when estimating PV power and energy production, and carbon dioxide equivalents. Actual power, energy production and carbon dioxide equivalents modeled may vary based upon building-to-building situational characteristics and varying installation methodologies.Social Media Disclaimer
Investors
and others should note that we announce material financial information to our
investors using SEC filings and press releases. We use our website and social
media to communicate with our subscribers, shareholders and the public about
the company, SolarWindow™ technology development, and other
corporate matters that are in the public domain. At this time, the company will
not post information on social media could be deemed to be material information
unless that information was distributed to public distribution channels first.
We encourage investors, the media, and others interested in the company to
review the information we post on the company’s website and the social media
channels listed below:
• Facebook
• Twitter
*This list may be updated from time to time.
|
| Legal Notice Regarding Forward-Looking Statements
No statement herein should be considered an offer or a solicitation of an offer for the purchase or sale of any securities. This release contains forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although SolarWindow Technologies, Inc. (the “company” or “SolarWindow Technologies”) believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. Forward-looking statements, which involve assumptions and describe our future plans, strategies, and expectations, are generally identifiable by use of the words “may,” “will,” “should,” “could,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” or “project” or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to adverse economic conditions, intense competition, lack of meaningful research results, entry of new competitors and products, adverse federal, state and local government regulation, inadequate capital, unexpected costs and operating deficits, increases in general and administrative costs, termination of contracts or agreements, technological obsolescence of the company's products, technical problems with the company's research and products, price increases for supplies and components, litigation and administrative proceedings involving the company, the possible acquisition of new businesses or technologies that result in operating losses or that do not perform as anticipated, unanticipated losses, the possible fluctuation and volatility of the company's operating results, financial condition and stock price, losses incurred in litigating and settling cases, dilution in the company's ownership of its business, adverse publicity and news coverage, inability to carry out research, development and commercialization plans, loss or retirement of key executives and research scientists, changes in interest rates, inflationary factors, and other specific risks. There can be no assurance that further research and development will 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 SolarWindow 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-Q and Form 10-K filings with the Securities and Exchange Commission. These reports and filings may be inspected and copied at the Public Reference Room maintained by the U.S. Securities & Exchange Commission at 100 F Street, N.E., Washington, D.C. 20549. You can obtain information about operation of the Public Reference Room by calling the U.S. Securities & Exchange Commission at 1-800-SEC-0330. The U.S. Securities & Exchange Commission also maintains an Internet site that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the U.S. Securities & Exchange Commission at http://www.sec.gov. The company undertakes no obligation to publicly release the results of any revisions to these forward looking statements that may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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