BioSolar, Inc.

BioSolar Hailed by Renewable Energy Focus as One of 10 “Companies To Watch” in the Solar Space

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Source: BioSolar, Inc.

International Trade Magazine Touts BioSolar as an industry “Mover and Shaker,” and an Example of How “Innovation is Happening in All Stages of The Solar Value Chain”

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 (PV) solar modules, was touted in “Movers and Shakers: 10 Companies To Watch In The Solar Space,” an October 20th feature article in Renewable Energy Focus, a well-known trade publication that offers in-depth coverage and incisive editorial on all areas of renewable energy.

The author details the technological advantages of the company’s BioBacksheet™, “The company's president and CEO David Lee explains that an important and groundbreaking difference between BioSolar’s single layer product and the standard 3 layer product in use today, is that there is no adhesive holding layers together.” The article continues, highlighting the “higher thermal conductivity than standard materials…allows the solar panels to run cooler which adds up to higher efficiency without surface treatment.”

“We appreciate the third-party recognition of our progress, particularly at a time where we are making great strides towards commercialization,” said Dr. David Lee, CEO of BioSolar.

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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