SOURCE: BioSolar, Inc.

March 19, 2007 09:05 ET

BioSolar Adds Michael D. Wyrsta to Its Technical Team

Developer of Novel Materials Expected to Accelerate the Company's Development Efforts

SANTA CLARITA, CA -- (MARKET WIRE) -- March 19, 2007 -- BioSolar, Inc. (OTCBB: BSRC), developer of a breakthrough technology to produce thin film, flexible solar cells on bio-based plastic substrates, today announced that Michael D. Wyrsta has joined the company's technical team. As a technical consultant, Dr. Wyrsta will assist BioSolar with the development of its new bio-based substrate.

"We are very pleased to welcome Dr. Wyrsta to our technical team," said David Lee, the Company's President and CEO. "His extensive background in chemistry and novel materials is very impressive. His previous successes in establishing strategic business relationships will be extremely useful as BioSolar accelerates its development of a proprietary bio-based substrate."

Dr. Wyrsta has been part of several start-up ventures. Recently he served as a senior member of GRT, Inc., where his duties included the continued development of novel materials and catalysts for the conversion of natural gas to liquids and other chemicals. As the senior chemist, Dr. Wyrsta directed GRT's research and development efforts for a number of large customers in the chemical and petroleum businesses. He previously served as the Chief Technology Officer of SBA Materials, establishing strategic business contracts, guiding intellectual property development and breaking new ground in solid-state composite materials for the electronics, photonics and pharma industries.

Dr. Wyrsta holds a PhD in Materials from the University of California at Santa Barbara.

About BioSolar, Inc.

BioSolar, Inc. is developing a breakthrough technology to produce thin film, flexible solar cells on bio-based plastic substrates (patent pending). We believe that renewable energy sources, such as solar, are likely to play a major role in satisfying the global thirst for energy. The emerging market for thin film, flexible solar cells includes building materials, outdoor power, emergency power, mobile computer and communications and other sectors. 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.

Contact Information

  • Contact:
    BioSolar, Inc.
    David Lee
    (661) 251-0001