BioSolar Expands BioBacksheet Product Line for Entire Solar Panel Market

Company Is Nearing Completion of Commercializing Its Breakthrough Eco-Friendly Solar Module Component

SANTA CLARITA, Calif.--(BUSINESS WIRE)--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 announced that the company is nearing the completion of the commercialization of its BioBacksheet™ product and enters pre-production stage on new versions to address the entire flat solar panel market.

“We will continue to provide more information in the future as the product continues to evolve.”

“Contrary to common belief, commercialization of renewable energy technologies such as BioSolar’s BioBacksheet is quite complex and requires both a comprehensive understanding and analysis of its potential, as well as the development of innovative models to help it gain market penetration,” said Dr. David Lee, CEO of BioSolar.

“BioSolar is nearing completion of the commercialization process, and we continue our mission to develop new products that utilize our proprietary manufacturing and materials process to enhance the characteristics of traditional bio-based materials and turn them into robust and durable materials for solar applications,” said Lee.

Backsheets, the bottom-most layer of nearly all photovoltaic solar cell modules, are currently made from petroleum and designed to protect the solar cell from environmental hazards like moisture and UV rays. BioSolar’s BioBacksheet™ is a protective covering made from renewable plant sources and is expected to cost substantially less than traditional petroleum-based backsheets.

BioSolar recently announced its plans to expand the company’s technology to accommodate copper-indium-gallium-selenide (CIGS) and cadmium telluride (CdTe) thin-film modules, as reported by Doris DeGuzman, the associate editor for ICIS Chemical Business, a global chemical trade magazine on her blog, Green Chemicals, in The Industry Standard and in Power Management DesignLine Europe, an EE Times Europe publication. Just recently, EarthToys.com, the online alternative energy magazine, drew attention to BioSolar by detailing a recent press release on their website.

“Today, BioSolar is pleased to announce that two BioSolar products are currently in the Pre-Production stage and nearing qualification for full production,” said Lee. “The BioBackSheet-L™, an enhanced performance backsheet for demanding PV applications, is nearing qualification for production and the BioBackSheet-C™, designed for cost sensitive, economical PV modules, is making excellent progress in pre-production development and testing.”

“BioBackSheet-A™ with ‘Absolute Moisture Barrier’ is also doing well in the late research and development stage,” said BioSolar Chief Technology Officer Dr. Stanley Levy. “We will continue to provide more information in the future as the product continues to evolve.”

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.

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