Intense Media Focus on Cleantech Industry Expands Market Opportunities for BioSolar and Other Green Companies

"As a company on the cusp of emerging from the research and development stage to commercialization, sustained media penetration has been essential in building BioSolar's profile prior to production," said Lee. "In today's tough economic environment, companies across green segments are competing to increase visibility among key audiences, and we are pleased that we have been able to leverage our technological leadership to create a groundswell of media attention around our technological advances and commercialization plans."

Hailed as a technology that "will reduce the cost of solar cells," in a recent Printed Electronics World article, BioSolar recently filed a new patent application for its proprietary BioBacksheet(TM)-A, a bio-based backsheet featuring an absolute moisture barrier for the thin-film photovoltaic cell market, as reported in Semiconductor Today.

In a two-part Question and Answer with Energy Boom, Lee explains, "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."

BioSolar's backsheets are expected to cost significantly less than petroleum-based films currently in use by most solar module manufacturers. The BioBacksheet(TM)-C, designed for the traditional C-Si PV modules, will be the company's first commercial product.

"Despite current economic conditions, the media is tapping into the growing public and investor interest in alternative energy technologies and helping innovative startups in the green energy space. Companies, like BioSolar, are rapidly coming to market with cost-efficient and environmentally friendly products that will fundamentally change the world."

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.

Beckerman Public Relations 
Press: 
Eric Fischgrund, 201-465-8008 
efischgrund@beckermanpr.com 
or 
BioSolar, Inc. 
Investor Relations: 
Tom Becker, 877-904-3733 
ir@biosolar.com