Global Warming Solutions and Solar Wind Provide Update on Joint Testing
April 14 2008 - 12:47PM
Business Wire
Global Warming Solutions, Inc. (Pink Sheets:GWSO) � a developer of
technologies aimed at mitigating the effects of global warming �
today provided an update on the progress of its joint testing with
Solar Wind, Ltd. Solar Wind and Global Warming Solutions have
carried out joint testing of a solar cell prototype that promises
to be very competitive on the solar market. Silicon solar wafers
produced by Solar Wind were combined with a revolutionary
luminescent polymer coating developed by Global Warming Solutions,
and then tested in the laboratory of the Physics Institute of
Odessa University, Odessa, Ukraine. Efficiency measurements of
these prototypes showed a 15-20% growth of electrical power. �These
are exciting results,� said Global Warming Solutions COO Dr.
Kornaraki. �Considering the low price of the luminescent polymer
coatings we can project that the coatings will have a very large
market.� Global Warming Solutions is also updating its shareholders
on the progress with its previously mentioned OTCBB listing. �We
have completed our Form 10 filling which includes our audit for the
last two years,� said Dr. Vladimir Vasilenko, CEO of Global Warming
Solutions. �We project the Form 10 will be filed with the SEC over
the next few days and with that our graduation process to the OTCBB
will have been initiated.� 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.
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