BioSolar to Unveil Details of Company’s Breakthrough BioBacksheet(TM) Solar Technology at North America’s Most Prestigious Optics and Photonics Conference
2008-08-05 05:05:00
BioSolar to Unveil Details of Company’s Breakthrough BioBacksheet(TM) Solar Technology at North America’s Most Prestigious Optics and Photonics Conference
Dr. Stan Levy, the Company’s CTO, to Speak
at SPIE, the Largest Optical Science and Technology Meeting in North
America in San Diego on Tuesday, August 12
SANTA CLARITA & SAN DIEGO, Calif.–(EMWNews)–BioSolar, Inc. (OTCBB:BSRC), developer of a breakthrough technology to
produce bio-based materials from renewable plant sources that reduce the
cost of photovoltaic solar cells, today reports that Chief Technology
Officer Dr. Stanley Levy will deliver a key oral presentation at the
SPIE Symposium on Solar Applications and Energy on August 12th
in San Diego, California. Dr. Levy will detail the various scientific
breakthroughs underlying the company’s
BioBacksheet™ product and its role in helping
the photovoltaic industry drive the cost per kilowatt hour to lower
levels.
Details regarding the development of BioSolar’s
Backsheet™, hailed by the daily news feature “Today’s
Green Minute” as a technology that “might
revolutionize the industry,” will be unveiled
during SPIE Optics+Photonics, the largest and most technically
prestigious optical sciences and technology meeting in North America.
The Solar Energy + Applications track of the conference is dedicated to
finding ways to move toward secure, affordable, and environmentally
sustainable energy to meet the world’s
accelerating energy needs.
BioSolar’s environmentally responsible
BioBacksheet™ is made from renewable plant
resources, rather than traditional and expensive petroleum-based
components making it much more cost competitive than petroleum-based
products. The resulting cost savings allows photovoltaic cell
manufacturers to reduce the cost of their finished product, thereby
reducing the cost per watt of solar electricity.
“We continue to receive positive feedback
from an elite group of PV module manufacturers in regards to key
durability and processing aspects of our BioBacksheet™,”
said Dr. David Lee, CEO of BioSolar, confirming the progress toward full
scale production of the company’s flagship
BioBacksheet™ product is on target. “This
feedback provides key verification data points, and contributes to a
growing sense of confidence in the company’s
progress toward full scale production.”
As previously reported, BioSolar is transitioning to full-scale
production of its BioBacksheet™ in a
state-of-the-art manufacturing facility operated by its contract
manufacturing partner, Rowland Technologies, Inc, a leading manufacturer
of plastic film and sheet.
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.
Press Contact: Strategic Communications Relations Contact: |
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