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Monday, January 14, 2008

Press Release For BioSolar

New Research Update on BioSolar Inc. Issued by Beacon Equity Research
Wednesday January 9, 7:00 am ET

DALLAS--(BUSINESS WIRE)--New research update has been issued on BioSolar Inc. (OTCBB: BSRC - News) with a revised price target of $1.37 by Beacon Equity Research Analyst, Victor Sula, PhD.
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The full report is available at http://www.BeaconEquityResearch.com

Anyone interested in receiving alerts regarding BioSolar Inc. research should email members@beaconequityresearch.com with “BSRC” in the subject line.

In the report, the analyst writes, “Since our initial report, BSRC’s share price has surpassed our price target and now rests above $1.00. In addition the Company has increased its visibility within the investment community and improved trading volume and liquidity. The latest industry trends and Company developments discussed in the report are reasons we are raising our price target for BioSolar, Inc. to $1.37 and reiterating our Speculative Buy rating. BSRC’s stellar growth in recent months reflects the Company’s rapid progress towards commercializing its products and technology and industry trends that favor solar energy deployment.”

Other companies in the solar development market include Suntech Power Holdings (NYSE: STP - News), First Solar Inc. (NASD: FSLR - News), Trina Solar (NYSE: TSL - News), and Evergreen Solar (NASD: ESLR - News).