New Energy Innovations Announces Crowd Funding For Stage 3 of The TPRESTM (Traffic Powered Renewable)

HOFFMAN ESTATES, Ill., Sept. 13, 2017 /PRNewswire-iReach/ -- New Energy Innovations announces stage 3 of the TPRESTM (Traffic Powered Renewable Energy System).  After its completion of their prototype, press coverage by Fox News, and the recent feasibility study at the University of Illinois at Chicago Mechanical and Industrial Engineering department, NEI is now launching its Indiegogo Crowd Funding Campaign on September 8th, 2017.

NEI hopes to raise the necessary funds to complete Stage 3 "The First Production Size Unit" for installation in the USA.  Ralph A. Black Founder, President, & CEO says "It's been a long and trying road to find the right financial partner willing to work with a startup and provide the funding needed to finalize our TPRES for production.  The world should not have to wait any longer for this technology to start making earth a greener space, so we decided to use Indiegogo crowd funding to complete Stage 3 and finish the production size TPRESTM."

Mr. Black went on to say "We need to raise $244,790.00 which is an ambitious number by crowd funding standards, but I am confident in our ability to get there.  We already have several cities in the USA that are wanting to be the first installation city for the TPRESTM as well as now three other countries that have shown serious interest.  All we have to do now is complete the R&D and build it.  With the help of the average person and their small donation to our campaign we can all make the world a better and cleaner place to live."

Fox News 2/5/15 called the TPRESTM Patented system "Unique".

While New Energy Innovations, Corp crowd funding campaign is aggressive and some of the small single digit donations have some interesting perks, the one that Mr. Black is especially proud of is the Gold Level $800.00 donation that upon completion of the 1^st full scale unit, the first 25 people who donate at that level, their name will be placed on the first installed unit "Talk about being on the ground floor of a revolutionary product and being a big part of saving our environment at the same time, how great is that?"  He goes on to explain "With engineering, manufacturing and assembly partnerships already set up we are ready to run with the ball once it's handed off at the end of the campaign.  It's been an exciting ride so far and it's all about to get really fun. I can't wait.  Be sure to go to Indigogo.com search TPRES and fund our campaign starting on September 9^th, 2017.  Once this product is complete there will be more energy innovations already set to follow."

For more information on the TPRESTM visit www.newenergyinnovations.com

About New Energy Innovations

New Energy Innovations is a privately held corporation owned by Ralph A. Black and business partner Joe Viverito, the company's Vice President. Their crowd funding efforts begin this spring with the intent to be manufacturing the TPRESTM for installation by summer at Classic Sheet Metal, Inc., a sheet metal fabrication and assembly company in Franklin Park, IL. Agreements are in place with WT Engineering in Hoffman Estates, IL to provide additional civil engineering expertise and surveys needed for installations to take place. Heading the project at WT Engineering is Keith Mandoske.

Media Contact: Al Maag, New Energy Innovations, 480 272 7671, [email protected]

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SOURCE New Energy Innovations