BioSolar, Inc. (OTCBB:BSRC)

Turning Pennies into dollars: BioSolar, Inc. (OTCBB:BSRC)

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BioSolar, Inc. (OTCBB:BSRC) announced recently that it will exhibit its BioBacksheet™ solar cell technology at the International Green Energy Expo, and event organized by EXCO, The Korea Energy News, expected to draw more than 30,000 visitors from over 17 countries April 8-10 at the Daegu Exhibition & Convention Center in Korea. The company’s BioBacksheet™ protective covering for photovoltaic solar cells replaces expensive and potentially hazardous petroleum-based film with renewable biobased materials, creating a more environmentally-friendly and cost-effective solar panel component expected to be instrumental in driving down the cost per watt of photovoltaic solar power.

“We have successfully demonstrated that functional photovoltaic backsheets can be produced from sustainable resources. Our bio-based materials – both individually and in combination – meet or exceed the characteristics of various testing and performance standards for the photovoltaic industry,” said David Lee, BioSolar’s chairman and CEO.

“The BioBacksheet™ will not only reduce the costs associated with photovoltaic modules, but also make a global contribution to a source of true green energy,” said K. M. Suh, president of Shin Ha, Inc., BioSolar’s new Korean marketing partner. “BioSolar’s innovative use of sustainable and recyclable natural resources will undoubtedly be adopted into PV modules by leading manufacturers throughout Korea and globally.”

Designed to replace existing petroleum-based backsheets for silicon (c-Si) photovoltaic solar panels, the first commercially available BioBacksheet™ is a highly water resistant and high dielectric strength bio-based material combined with cellulosic film. Ongoing expansion of the patent-pending BioBacksheet™ technology is also expected to accommodate copper-indium-gallium-selenide (CIGS) and cadmium telluride (CdTe) thin-film photovoltaic panels.

“Solar power produces clean energy, but in order for it to be considered truly sustainable, we need to ensure we are environmentally sensitive in the production and disposal process as well,” said Lee. “Whether solar cells are produced using crystalline silicon, amorphous silicon or other solar technologies, BioSolar can help reduce the cost per watt through the use of its lower cost bio-based materials by removing petroleum from solar cells, making solar energy a true green source of energy.”

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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