BioSolar, Inc.

BioSolar Launches BioBacksheet Volume Sampling Program

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Source: BioSolar, Inc.

Company to Assist Solar Manufacturers Obtain Panel Certification and Accelerate Full Commercial Production of Solar Panels with BioBacksheet

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, reported that the company recently launched a volume sampling program intended to shorten the preparation time for PV panel manufacturers prior to submitting their PV panels for Underwriters Laboratories Inc. (UL) certification or recertification under UL1703.

The BioBacksheet product has officially obtained UL material certification, and a long term test by UL to determine the relative thermal index (RTI) of the material is in progress. After RTI determination, PV manufacturers can then submit their full BioBacksheet solar panel for further certification. BioSolar’s volume sampling program enables manufacturers to start preparing their panels for certification early, thus allowing them to submit completed PV panel samples for UL certification more quickly.

“After confirmation of our UL material certification in February, there has been a surge in interest from PV panel manufacturers around the world that want to use BioBacksheet in their solar panels,” said Dr. Stanley Levy, Chief Technology Officer of BioSolar. “We have been busy fulfilling manufacturers’ requests for modest quantities of samples for internal testing.”

Dr. Levy commented further, “The results from the small sample testing have been very positive and manufacturers are now asking for larger quantities for use in their commercial production lines. This will reduce the time it takes to produce commercial quantities of BioBacksheet based solar panels after full panel UL certification. We anticipate that full panel UL certification will be merely procedural for the majority of manufacturers after UL publishes the preliminary RTI value for BioBacksheet.”

The company reports that a number of PV panel manufacturers are currently taking advantage of the volume sampling program and have started preparing their solar panels with BioBacksheet.

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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