Jan 6 2009
Octillion Corp. (OTCBB: OCTL), a next-generation alternative and renewable energy technology developer, today announced the appointment of energy-capture experts and engineers, Mr. Stuart Brown, PhD, MBA, and Mr. Brian S. Hendrickson, to the Company’s Advisory Board.
Dr. Stuart Brown and Mr. Brian S. Hendrickson are published authorities in the field of energy harvesting, and are credited with numerous inventions, innovations, and patents in several engineering applications, including the capture of wasted energy for generating electricity -- a key objective in Octillion’s research and development of technologies to generate electricity from the wasted energy of moving vehicles.
Engineers envision that wasted kinetic energy from the movement of an estimated 6,000,000 trucks and 250,000,000 cars on America’s roadways could serve as a potential source for generating valuable electricity, the fastest growing form of end-use energy in the world. Octillion’s engineering teams have designed specific systems and patent-pending technologies to enable the capture of such wasted energy of vehicles in motion for converting it into electricity.
In recent weeks, the Company has accelerated its engineering efforts and unveiled early details of its designed energy capture systems, which engineers anticipate are manufacturable, reliable, and resistant to damage from vehicles, road debris or weather. Among key feature considerations of the systems are the important ability to:
- Adapt to the unique characteristics of different vehicles to optimize the amount of energy captured;
- Reduce or avoid potentially undesirable effects on safety, comfort of vehicle occupants, and the stability of cargo;
- Adaptively monitor or regulate the speed or acceleration (or deceleration) of vehicles.
Incorporating these important features, Octillion recently filed several patents with the United States Patent and Trademark Office as part of the Company’s initiative to build its intellectual property portfolio and protect its future commercial rights as inventor-developer of these new technologies.
“As an early inventor, innovator, and commercial player in this space, we’re committed to making every effort to successfully advance our transformational energy harvesting technologies towards prototyping, and ultimately, along the commercialization path,” stated Mr. Meetesh V. Patel, Esq., President and CEO of Octillion Corp.
“In order to meet our goals, we’ve recently accelerated our engineering efforts, undertaken the aggressive build-out of our intellectual portfolio, and now bolstered our Advisory Board with the addition of energy-capture experts, Dr. Stuart Brown and Mr. Brian Hendrickson. I’m honored to welcome them to our team.”