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Mon, February 9, 2009

BioSolar Progresses to Next Stage of Pre-Production Citing Positive and Consistent Test Results


Published on 2009-02-09 04:12:54, Last Modified on 2009-02-09 04:13:51 - Market Wire
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SANTA CLARITA, Calif.--([ BUSINESS WIRE ])--BioSolar, Inc. (OTCBB:BSRC), developer of a breakthrough technology to produce bio-based materials from renewable plant sources that reduce the cost of photovoltaic solar modules, reports that results of testing on BioBacksheet™ samples from the first pre-production runs have been consistent and satisfactory; which gets the company one step closer to full scale commercial production.

The BioBacksheet™, a protective covering for photovoltaic solar cells made from renewable plant sources, rather than the expensive petroleum-based film currently in use, is expected to cost less than traditional petroleum-based backsheets. Backsheets are used in virtually all solar panels.

"Aside from cost and environment-friendly advantages, BioBacksheets™ can now be manufactured in various colors," said Dr. David Lee, CEO of BioSolar. "This feature will further differentiate BioBacksheet™ from existing petroleum-based backsheets since this is not even an option for them. Photovoltaic module manufacturers often favor color adaptation to maintain aesthetic consistency for their current solar panel."

BioSolar has been in a pre-production stage for its BioBacksheet™ for the last several months, and has conducted extensive quality control tests on samples of each pre-production run.

"The test covers material properties, mechanical properties, electrical properties, and appearances before and after the long term durability tests which include a 1,000-hour damp heat oven test, simulating more than 20 years of real world extreme conditions," said Lee.

BioSolar's backsheet technology was featured in a January edition of the Technology and Business Journal, as well as Energy Weekly News.

About BioSolar, Inc.

BioSolar, Inc. has developed a breakthrough technology to produce bio-based materials from renewable plant sources that will reduce the cost per watt of solar cells. Most of the solar industry is focused on photovoltaic efficiency to reduce cost. BioSolar is the first company to introduce a new dimension of cost reduction by replacing petroleum-based plastic solar cell components with durable bio-based materials. To learn more about BioSolar, please visit our website at [ http://www.biosolar.com ].

Safe Harbor Statement

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.

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