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BioSolar Files Patent for BioBacksheet-A Thin Film Photovoltaic Solar Module Component
Tuesday, August 18, 2009
Santa Clarita, CA -- BioSolar, Inc. (OTC BB: BSRC), developer of a breakthrough technology to produce bio-based materials from renewable plant sources that reduce the cost of photovoltaic solar modules, announced today that the company has recently filed a patent application to protect the innovations behind its proprietary BioBacksheet-A, a bio-based backsheet featuring an absolute moisture barrier for the thin-film solar cell market.
BioBacksheet-A is a three layer laminate film consisting of a 100 percent recyclable aluminum foil center core sandwiched between two outer layers of bio-based polymer films, making it a unique product in the industry.
"BioSolar's goal is to reduce the costs of solar modules and make solar energy greener by replacing petroleum-based module components with bio-based materials made from renewable plant sources," said Dr. David Lee, CEO of BioSolar. "Patent filing and protection of our intellectual property is an important milestone as we continue our journey toward full-scale commercial production for many of the company’s new products."
This patent filing follows the recent news that BioSolar has not only accepted the challenge of developing a backsheet with a water vapor transmission rate of essentially zero, which is necessary for thin film solar module components such as cad-telluride and CIGS, but also the initial pilot line run of this backsheet was highly successful. Testing of these samples continues as the company moves toward commercialization.
BioSolar’s complete line of backsheets meet or exceed the characteristics of various testing and performance standards for the photovoltaic industry and are expected to cost significantly less than petroleum-based films currently in use by the majority of solar module manufacturers today.
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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