BioSolar Ready to Begin Shipping BioBacksheet

Company completes all technical UL certifications and can now begin manufacturing to fill orders from solar manufacturers

SANTA CLARITA, Calif.--()--BioSolar, Inc. (OTCBB: BSRC), developer of a breakthrough technology to produce bio-based materials from renewable plant sources that reduce the cost of photovoltaic (PV) solar modules, today announced that it has completed all technical UL certifications necessary to begin shipping BioBacksheet to solar manufacturers.

Dr. David Lee commented, “I am pleased to report that we have finally completed all the UL certifications required for the commercial sale of BioBacksheet. This includes UL’s 130-degree C Relative Thermal Index (RTI) recognition, where BioBacksheet far surpassed the performance of competitive products at the conclusion of the 14 month long test. RTI is the temperature below which a material will not be compromised by long term thermally induced chemical degradation. Passing this last test means that we are ready to accept orders from solar panel manufacturers for high volume production of BioBacksheet.

“During the first half of this year, we increased our customer pipeline and are now working closely with several key solar manufacturers to integrate BioBacksheet into their panels,” Dr. Lee added. “As we previously reported, BioSolar has entered into a contract manufacturing agreement with Stevens Urethane, a high quality, high volume commercial manufacturer, to produce BioBacksheet. This gives us the capacity to ship orders of virtually any size. For the balance of this year, we will focus on expanding our sales program and aggressively marketing the unique cost cutting and performance enhancing features of BioBacksheet.”

BioSolar’s patented BioBacksheet is the world’s first UL certified solar panel backsheet made from renewable materials and features two distinct benefits that are unmatched by existing backsheets. First, BioBacksheet’s high thermal conductivity rapidly draws heat away from the solar cells, which can increase the power output of the entire solar panel. Second, BioBacksheet’s USDA BioPreferred Certification allows solar panels to be marketed as more sustainable and socially responsible, and preferred by U.S. government agencies.

In order for solar panels containing BioBacksheet to be sold in the general marketplace, full panel samples must be submitted to UL for UL 1703 certifications. This is the last technical step before commercial orders. BioSolar reports that one potential customer has already received this panel level UL 1703 certification.

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.

Contacts

Investor Relations Contact:
BioSolar, Inc.
Tom Becker, (877) 904-3733
ir@biosolar.com

Release Summary

BioSolar completes all technical UL certifications and can now begin manufacturing to fill orders from solar manufacturers.

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Contacts

Investor Relations Contact:
BioSolar, Inc.
Tom Becker, (877) 904-3733
ir@biosolar.com