BSRC BioSolar's BioBacksheet May Revolutionize the Solar Power Industry, According to Media Reports
BioSolar,
Inc. (OTCBB:BSRCstock news) has introduced “a robust protective backing for
solar cells derived from cotton and castor beans, which may possibly
revolutionize the solar power industry as we know it today,” according
to a June 3, 2009 article on Green
Energy News.
The article notes that BioSolar is “the primary initiator of this
resilient bio-based plastic, which substantially reduces solar
manufacturing costs and entirely ceases any need for petroleum
exploitation.”
BioSolar’s line of proprietary BioBacksheet™ protective coverings are
designed to replace expensive and hazardous petroleum-based film with a
bio-based one derived from cotton and castor beans, creating a more
environmentally-friendly and cost-effective solar panel component.
“With the market for solar power already in explosive growth mode,
BioSolar is singularly positioned to lead the development of truly
sustainable and cost-effective solar technology,” according to YESWECANSOLVEIT
Blogspot.
Dr. David Lee, Chairman and CEO of BioSolar, recently announced that the
BioBacksheetTM-C will be the company’s first product to be
commercially available during the second half of 2009. The announcement
follows BioSolar’s recent news that two of its products are currently in
the preproduction stage and nearing qualification for full production.
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.
Press Contact: Avalanche
Strategic Communications Denyse Dabrowski, 201-488-0049 denyse@avalanchepr.com or Investor
Relations Contact: BioSolar, Inc. Tom Becker,
877-904-3733 ir@biosolar.com
