SANTA CLARITA, Calif., Nov. 07, 2017 (GLOBE NEWSWIRE) -- BioSolar, Inc. (OTCQB:BSRC)(“BioSolar” or the “Company”), a developer of breakthrough energy storage technology and materials, today announced that the Company’s innovative Silicon Nanocomposite anode material technology was presented at the 232nd Electrochemical Society Meeting held in National Harbor, MD during the week of October 1, 2017.
The poster presentation entitled, “Ionically Enhanced SixFex/Li1.3Al0.3Ti1.7(PO4)3 Nanocomposite For High Performance Lithium-ion Batteries” was presented by Dr. Jong Soo Cho, a postdoctoral fellow with the North Carolina A&T State University technology team led by Prof. Sung Jin Cho who is internationally recognized in the field of lithium-ion battery development.
The Electrochemical Society is dedicated to advancing and practicing solid state & electrochemical science and technology. The Society holds meetings, publishes scientific papers, fosters training and education of scientists and engineers, and cooperates with other organizations to promote science and technology in the public's interest. As such, scientists, engineers and industry leaders come from around the world to attend this event.
BioSolar recently announced the development of an additive material made out of highly ionic silicon-lithium nanocomposites that improves the battery’s first cycle efficiency, capacity retention for long-term cycling, and power capability at different current rates. The Company believes that its proprietary additive has the potential to improve all types of silicon anode materials such as Si carbon composite, Si oxide type, and Si alloys.
"We are pleased to have Dr. Jong Soo Cho represent BioSolar and our collaborative technology efforts at this prestigious Electrochemical Society Meeting,” said Dr. David Lee, CEO of BioSolar. “Dr. Cho’s extensive knowledge and leadership in the field of micro-mechanical behavior during the charging and discharging in lithium-ion batteries has been instrumental to the development of our additive material technology that we believe will significantly improve performance of silicon anodes for next generation lithium-ion batteries.”
About BioSolar, Inc.
BioSolar is developing a breakthrough technology to increase the storage capacity, lower the cost and extend the life of lithium-ion batteries. A battery contains two major parts, a cathode and an anode, that function together as the positive and negative sides. BioSolar initially focused its development effort on high capacity cathode materials since most of today's Li-ion batteries are "cathode limited." With the goal of creating the company's next generation super battery technology, BioSolar is currently investigating high capacity anode materials recognizing the fact that the overall battery capacity is determined by combination of both cathode and anode. By integrating BioSolar's high capacity cathode or anode, battery manufacturers will be able to create a super lithium-ion battery that can double the range of a Tesla, power an iPhone for two days straight, or store daytime solar energy for nighttime use. Founded with the vision of developing breakthrough energy technologies, BioSolar's previous successes include the world's first UL approved bio-based back sheet for use in solar panels.
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 safe harbor provisions of the U.S. 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 with the Securities and Exchange Commission. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
CONTACT INFORMATION
Investor Relations Contact:
Tom Becker
BioSolar, Inc.
ir@biosolar.com
(877) 904-3733
For Media Inquiries:
Eric Fischgrund
FischTank Marketing and PR
eric@fischtankpr.com