SALEM, Ohio, Nov. 10, 2014 /PRNewswire/ -- Ray Woods, Founder and CEO of P.E.S.E. Technologies, possesses the patent pending protected design of a Potential Energy Storage Engine (P.E.S.E) designed to store energy until it is utilized. This engine does not idle or combust continually as does the combustible rotary engine that is only 35% efficient. Every time a P.E.S.E. cylinder fires, the energy is harnessed within the engine. The P.E.S.E is invented to use vaporized or nebulized fuels. This is advantageous because various fuels can power the engine. Vaporized gasoline combusts more quickly and completely where liquid gasoline burns. The P.E.S.E. provides the ability to conserve fossil fuels and potentially eliminate the use of fossil fuels altogether.
Ray Woods is offering for sale, in a silent auction, the P.E.S.E. design enabling technological industries the capability of offering the most energy efficient transportation. This design could have an immediate impact on the way power is produced. Selling this design to a company with the means to further develop it will speed its entrance into the market. "The easiest way to save money is to waste less energy," said President Obama. Due to the government's request for the engineering of new energies and machinery to relieve the dependency on oil, it is necessary to offer this new technology that proposes mileage well into the 100's of mpg. While oil and gas companies will not profit as they have in the past, Ray Woods, Inventor of the P.E.S.E. design said, "The auto company that offers a vehicle with the most mpg will win the race." The P.E.S.E.'s simplistic design is more economical for the manufacturer to build than the rotary combustion engine. P.E.S.E. Technologies prides itself in the vision of clean breathing globally for generations to come.
This company was founded in 2014 after more than 15 years of research and development in energy conserving technology. P.E.S.E. Technologies' staff is comprised of diverse, goal driven entrepreneurs who are conservation conscience. This company was solely created with the intent of bringing to market the most efficient combustible engine known globally. The P.E.S.E. harnesses the potential energy from within the engine without using a battery for storage and the energy can be applied to limitless applications.
Mr. Woods and P.E.S.E. Technologies strive to provide the world's demand for energy efficient technology that all consumers benefit from. If the winner desires, Mr. Woods would be honored to assist in building and further development of the P.E.S.E. under contract for a period of twelve months. Bids can be submitted to P.E.S.E. Technologies, P.O. Box 1003, Salem, Ohio 44460. The minimum bid is set at $10,000,000.00 US Dollars with Mr. Woods retaining 10% royalties (non-negotiable). All bids must be received in writing by 5:00 PM EST on December 5th, 2014. The winner will be contacted on Monday, December 8th, 2014 at 9:00 AM EST.
SOURCE P.E.S.E. Technologies