"Thin-film solar modules, like those based on cadmium-telluride and CIGS, require backsheets with a water vapor transmission rate of nearly zero, which presented a manufacturing challenge and growth barrier to the solar energy industry. BioSolar has successfully broken through this challenge with a near absolute moisture barrier in the initial pilot run of BioBacksheet(TM)-A, a bio-based backsheet for the thin-film solar cell market," BioSolar's CEO Dr. David Lee. Currently, the company's complete line of bio-based backsheets meet or exceed the characteristics of various testing and performance standards for the PV industry and are expected to cost significantly less than petroleum-based backsheets currently in use by the majority of solar module manufacturers today. "BioSolar also houses an Instron(R) tester to measure tensile strength and elongation, which provides data expected to be included on product specification sheets," added Lee. "As we switch into commercial production mode, instruments such as these in our analytical laboratory are critical to ensure quality control." This new testing and analytical equipment adds to the company's suite of other equipment, such as damp heat and temperature cycling testing, and prepare the company for commercial production of BioBacksheets. 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. SOURCE: BioSolar, Inc. Press Contact: Beckerman Public Relations Eric Fischgrund, 201-465-8008 efischgrund@beckermanpr.com or Investor Relations Contact: BioSolar, Inc. Tom Becker, 877-904-3733 ir@biosolar.com For full details for BSRC click here.
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