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BioSolar Hailed as a “True Green” Solar Technology in the “Homestretch of its Commercialization,” According to Recent RECHARGE News Report

Business Wire
posted: 174 DAYS 17 HOURS AGO

BioSolar, Inc. (OTCBB:BSRC) is touted in the May 19 edition of RECHARGE, a news source for the global renewables industry, as a company on a “mission of nothing less than developing plant-derived polymers that could replace the petroleum-based plastics used in the production of the majority of photovoltaic (PV) cells and modules.”

The article continues, “BioSolar is in the home stretch of its commercialisation of a range of ‘sustainable’ backsheets designed as an alternative to reflective film materials such as mylar or tedlar that are conventionally applied to the back of crystalline silicon (c-Si) solar modules.”

Dr. David Lee, Chairman and CEO of BioSolar sums up the company’s long-term plans in the feature article, “Our goal is to make it [our backsheet] as durable as the tedlar-based backsheets, but more affordable for solar-module manufacturers — and also one that is a 100% green product.” BioSolar’s line of proprietary BioBacksheet™ protective coverings are designed to replace expensive and hazardous petroleum-based film with a bio-based one, creating a more environmentally-friendly and cost-effective solar panel component.

“The robustness of BioSolar’s backsheet comes from its make-up,” according to RECHARGE News. “Within its combination of materials is a cellulosic component — based on recycled cotton — that provides structure, and a nylon-polymer derived from castor-bean oil.”

The company 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 Pre-Production stage and nearing qualification for full production.

The global news resource, RECHARGE (www.rechargenews.com), is focused on the entire renewables industry, rather than one sector, delivering must-read news of wind, solar, hydro, biofuels, wave & tidal and geothermal power on a weekly basis through Recharge – the tabloid newspaper – and on a continuous basis through RechargeOnline.

To learn more, please visit www.biosolar.com, or read an in-depth interview with Dr. Lee on the Clean Techies blog. CleanTechies was recognized as a “Best Business Blog” by the Weblog Awards and as “Best Blog of the Day” by the Blog of the Day Awards in 2009.

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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