SOURCE: Kenergy Scientific, Inc.

April 19, 2011 11:51 ET

Kenergy Scientific, Inc. (Formerly SpeechSwitch, Inc.) (PINK SHEETS: KNSC) Patent Progress/Store Progress

FLEMINGTON, NJ--(Marketwire - Apr 19, 2011) - Ken Glynn, President and CEO of GreenSmart Stores and Kenergy Scientific, Inc. (PINKSHEETS: KNSC), today reported that a licensing/sales program was initiated to sell or provide licenses regarding the Company's now issued U. S. Patent pertaining to vehicle-based wind turbine rechargers with vehicle braking enhancement (U. S. Patent No. 7,808,121 B2). The invention is particularly relevant to buses, trucks, vans and trains, and more than 100 manufacturers and other entities are being contacted. One state department of transportation has expressed a preliminary interest.

Ken also stated that a number of patent applications have advanced to the filing stage and will be filed over the next three weeks, including a solar powered camera invention and a solar greenhouse with counterweighted solar rotating panels.

On the storefront efforts, the Company announced that the Flemington NJ GreenSmartStore is still scheduled for a July, 2011 opening. A GreenSmart Store kiosk location is being scouted in Orlando, Florida. Also, meetings will take place this week regarding a second store in the Morristown NJ EcoCenter. This project is supported in part by Sustainable Business Incubator Group, the Morristown Office of Sustainability and the Geraldine Dodge Foundation. The EcoCenter will include a 5000 sq ft restaurant, a Community Center all purpose hall for the arts and other activities, a produce exchange, an incubator business center for new green businesses, an R & D center, a ring of small green business booths, a 10,000 sq ft greenhouse and an anchor store. Ken is negotiating for the GreenSmart Store to be the anchor store, and for one of the Kenergy greenhouse turbine inventions to be installed in the greenhouse. This is a project that may create a model for hundreds of towns around the country.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

  • Contact:
    Kenergy Scientific, Inc. (formerly SpeechSwitch, Inc.)
    Ken Glynn
    CEO and President
    908 788 0077