The company intends to use the proceeds from the Financing for general working capital purposes, including the further advancement of its previously announced manufacturing, marketing and product fabrication initiatives for its electricity-generating glass products for commercial buildings.

COLUMBIA, Md.--(BUSINESS WIRE)--SolarWindow Technologies, Inc. (OTCQB: WNDW) is pleased to announce that the company has completed a private placement financing for approximately $2.6 million (the "Financing") from four investors, three of whom have been long-term shareholders and supporters of SolarWindow. The company intends to use the proceeds from the Financing for general working capital purposes, including the further advancement of its previously announced manufacturing, marketing and product fabrication initiatives for its electricity-generating glass products for commercial buildings.

"With this round of financing in hand and a Process Integration and Production Agreement with Triview Glass Industries, an award-winning custom glass fabricator, were moving forward with turning our first-ever inventions into first-ever electricity-generating windows," states John Conklin, President and CEO of SolarWindow Technologies.

Targeting commercial buildings, such as tall towers and skyscrapers, which consume almost 40% of all the electricity generated in the U.S., the companys electricity-generating windows could reduce electricity costs by 30%-50% and shows a one-year financial payback for building owners, which is the industrys fastest published financial return according to independently-validated company power and financial modeling.

The Financing consisted of the issuance by the company of 821,600 units at a purchase price of $3.11 per unit, with each unit consisting of 1 share of common stock and 1 share purchase warrant, having an initial exercise price of $3.42 and a five-year term. The securities sold in the Financing have not been registered under the United States Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the U.S. absent registration or an applicable exemption from registration requirements. As part of the Financing, the company has agreed to file a resale registration statement on Form S-1 with the United States Securities and Exchange Commission within 30 days of the closing of the Financing for purposes of registering the resale of the shares of common stock issued or issuable in connection with the Financing. All securities issued in the Financing are subject to a statutory hold period of four months plus a day from the date of the consummation of the Financing.

This notice does not constitute an offer to sell or the solicitation of an offer to buy the securities, nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state. Any offering of the securities under the resale registration statement will only be by means of a prospectus.

About SolarWindow Technologies, Inc.

SolarWindow Technologies, Inc. creates transparent electricity-generating liquid coatings. When applied to glass or plastics, these coatings convert passive windows and other materials into electricity generators under natural, artificial, low, shaded, and even reflected light conditions.

Our liquid coating technology has been presented to members of the U.S. Congress and has received recognition in numerous industry publications. Our SolarWindow™ technology has been independently validated to generate 50-times the power of a conventional rooftop solar system and achieves a one-year payback when modeled on a 50-story building.

For additional information, please call Briana Erickson at 800-213-0689 or visit: www.solarwindow.com.

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