Global Warming Solutions, Inc. (Pink Sheets:GWSO) � a developer of technologies aimed at mitigating the effects of global warming � today announced a collaboration agreement with Solar Wind, Ltd. (http://www.solwind.ru/), a leading supplier of double-sided silicon solar cells. Coupled with Global Warming Solutions� Light Electric and Thermal Generator � LETG � Solar Wind�s double-sided cells will be able to substantially boost power output, thus increasing the efficiency and reducing the cost of producing electricity via solar power. �These cells are an ideal match for LETG, since our LETG solar modules are designed to utilize both direct and reflected sunlight,� said Dr. Alexander Kornaraki, Chief Operating Officer of Global Warming Solutions. �Heat and electricity are generated not only by the front but also by the reverse side of the LETG panels.� The collaboration is significant because, while technologies for collecting and producing solar power are abundant, making them cost-effective has been elusive. Global Warming Solutions and Solar Wind together represent the potential to greatly alter the economics of solar power and make it more cost effective and easily available. Separately, Global Warming Solutions is continuing negotiations with Motech Industries, Inc., (www.motech.com) the leading Taiwanese manufacturer of highly efficient polysilicon solar cells. Use of the Motech Industries polysilicon cells would allow for the construction of LETG modules with the lowest achievable price per installed kilowatt. About Global Warming Solutions, Inc. Global Warming Solutions develops and commercializes technologies that help mitigate Global Warming and its effect on our planet. The Company targets three areas that help reduce the extent of Global Warming and fight issues that have risen in consequence: Clean Energy, Carbon Control, and Water Purification. Current climate models predict that global temperatures will rise sharply over the next century. The increase in temperatures can be slowed or eliminated by decreasing the amounts of greenhouse gases released into the Earth�s atmosphere. Global Warming Solutions seeks to leverage its experience�and management to help make a difference in the fight for climate control. For more information visit the company website: http://www.globalwarmingsolutions.com The information contained in this press release may include forward-looking statements. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the company's uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The company's actual results could differ materially from those discussed herein. About Solar Wind Solar Wind Co. was founded in 1992 by Russian photovoltaic professionals with the extensive experience in the high-tech and space programs. Scientists and engineers of the company have developed unique technologies for space-based solar energy conversion systems; some of those technologies were later used for terrestrial PV applications. In recent years the Solar Wind�s world sale volume has increased by factor of ten. About Motech Industries Motech Industries, Inc. of Taiwan is known globally for high quality instruments, crystalline silicon solar cells, and other solar electricity products. Utilizing modern technology and creative minds, the company believes strongly in working to build a sustainable world.
Global Warming Solutions (PK) (USOTC:GWSO)
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