Press Release

Power Efficiency Corporation Develops and Commercializes E-Save Technology(R) Based on NASA Efficiency Technology

By SpaceRef Editor
June 20, 2009
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NASA Creates Video Documenting Technology Development

-Power Efficiency Corporation (OTCBB:), a clean tech company focused on energy efficiency technologies for electric motors, announced today that the National Aeronautical and Space Administration (NASA) has created a video about the development of Power Efficiency’s energy saving technology, its roots in NASA research, and its importance for the nation’s climate and energy challenges. The video is a NASA Innovative Partnership Program (IPP) Hallmark of Success story. These videos feature companies and the successful technologies developed through NASA’s partnerships with outside entities. The video will be viewable from multiple websites, including NASA’s IPP website and Power Efficiency’s home page.

The video covers many topics related to the development of the energy saving technology, including a background on the NASA engineer that developed the initial technology, Power Efficiency’s additional patented and patent-pending inventions to create E-Save Technology(R), an interview with Power Efficiency’s CEO, and a demonstration of the product’s motor control and energy saving features.

The video also covers the relevance of the technology today for climate change issues and electricity cost savings. According to the Environmental Protection Agency, electricity generation creates more greenhouse gas emissions than any other economic sector in the U.S., including transportation. Saving energy is therefore critical for reducing emissions.

The U.S. House of Representatives Energy and Commerce Committee recently approved the American Clean Energy and Security Act (ACES), which seeks to put in place a cap-and-trade global warming reduction plan, effectively putting a price on harmful emissions. If this or similar legislation is signed into law, the motor efficiency technology begun by NASA and further developed and commercialized by Power Efficiency could help companies and other emitters save money two ways – by reducing energy bills and reducing CO2 emissions.

“We are very proud to have built upon this NASA technology to improve the efficiency of electric motors and provide a means for reducing greenhouse gas emissions,” said Steven Strasser, Power Efficiency’s Chairman and CEO. “Starting with the NASA technology as the core concept, we have added patented and patent-pending innovations to create E-Save Technology. Efficiency technologies like this are centerpiece solutions for many of our most pressing national concerns, including reducing energy and future CO2 emission costs, improving our national energy security, and improving our environment.”

Link to View Video

Power Efficiency Home Page:

About Power Efficiency Corporation

Power Efficiency Corporation is a clean tech company focused on efficiency technologies for electric motors. Power Efficiency is incorporated in Delaware and is headquartered in Las Vegas, Nevada. The Company has developed a patented and patent-pending technology platform, called E-Save Technology, which has been demonstrated in independent testing to improve the efficiency of electric motors by up to 35% in appropriate applications. Electric motors consume over 25% of the electricity in the U.S. and many operate inefficiently. E-Save Technology can be licensed to motor, controls and equipment manufacturers. Power Efficiency’s products, based on E-Save Technology, include an Industrial Motor Efficiency Controller for three phase applications, such as escalators, crushers, granulators, mixers, saws and MG elevators, and a new Appliance Motor Efficiency Controller for small single phase applications such as residential and light commercial appliances. For more information, go to

As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; acceptance of the Company’s products in the market; the Company’s success in technology and product development; the Company’s ability to execute its business model and strategic plans; and all the risks and related information described from time to time in the Company’s SEC filings, including the financial statements and related information contained in the Company’s SEC filing. Power Efficiency assumes no obligation to update the information in this release.

SpaceRef staff editor.