BioSolar Prepared for Industry Growth Following Obama Inauguration Highlighting Dramatic 'Green Energy' Agenda.SANTA CLARITA Santa Clarita, city (1990 pop. 110,642), Los Angeles co., S Calif., suburb 30 mi (48 km) NW of downtown Los Angeles, on the Santa Clara River; inc. 1987. Situated in the Santa Clara valley and nearby canyons, Santa Clarita includes the former towns of Canyon Country, , Calif. -- BioSolar, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BSRC BSRC Build Spacecraft Real-Time Command ), developer of a breakthrough technology to produce bio-based materials from renewable plant sources that reduce the cost of photovoltaic The generation of voltage by a material that is exposed to light in the visible and invisible ranges. See photoelectric and photovoltaic cell. solar cells, continues to sustain media attention for its cost-saving and environmentally-friendly BioBacksheet[TM] solar module component. BioSolar "is ushering in Noun 1. ushering in - the introduction of something new; "it signalled the ushering in of a new era" first appearance, introduction, debut, entry, launching, unveiling - the act of beginning something new; "they looked forward to the debut of their new product line" the inherent benefits of biomass by leading a pioneering effort to reduce the costs of solar modules by replacing petroleum-based solar panel components with durable biomass-based materials," according to a web exclusive article posted December 10, 2008 on the website of BioMass Magazine and the January 9 edition of Energy Weekly News. "With the new administration ready to push for legislation requiring the use of more alternative energy, solar energy companies, finishing a year of record growth in 2008, are expected to gain even more momentum," said Dr. David Lee, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of BioSolar. "Companies like BioSolar are uniquely poised for growth in this climate." With growth and investment in the solar industry, manufacturers are constantly looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. ways to reduce solar module costs and increase efficiencies. Currently being readied for production, the BioBacksheet is expected to cost less than its petroleum-based counterpart used in solar panels. In addition, BioSolar recently developed a new material configuration and manufacturing technique to produce another patent-pending version of BioBacksheet that can potentially deliver a dramatic reduction in cost in the future. 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 Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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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