Octillion Announces Appointment of Nanostructured Inorganic Photovoltaic Researcher to Advisory Board
Auburn Hills, MI – June 26, 2008 – Octillion Corp. (OTCBB: OCTL), a next-generation alternative and renewable energy technology incubator, today announced the appointment of nanostructured photovoltaic and sustainable materials expert Dr. Jeffrey R. S. Brownson of the Penn State University to the Company’s Advisory Board.
Enhancing the Company’s ongoing development of a spectrally selective, nanosilicon-enabled inorganic photovoltaic for use in glass windows and skylights, Dr. Brownson brings highly relevant industry experience with the Cardinal Coated Glass Company, exceptional proficiency in the synthesis, characterization, and deposition of photovoltaic and photocatalytic nanomaterials, and unparalleled access to equipment and resources through the National Nanotechnology Infrastructure Network (www.nnin.org), the Materials Research Institute (www.gonano.psu.edu), and the Penn State Institutes of Energy and the Environment (http://www.environment.psu.edu).
“Dr. Brownson brings an unusually complementary set of values, skills, and experiences to the Octillion team,” stated Mr. Nicholas S. Cucinelli, President and CEO of Octillion Corp. “His views on sustainability and ‘environmental premeditation’ in materials synthesis are entirely consistent with our efforts to use one of the most abundant materials in the Earth’s crust silicon to produce a truly transparent photovoltaic window with a high net-energy ratio, excellent optical properties, and sound economics.”
Dr. Brownson’s widely published research and leadership efforts include the innovative science blog Nanomech in Photovoltaics (http://nanoparis.blogspot.com), which is dedicated to the “interdisciplinary exploration of third generation photovoltaics, environmental technology, and scientific philosophy.” He is the faculty director for the 2009 Penn State Solar Decathlon team, Natural Fusion (www.solar.psu.edu) and author of several highly relevant papers such as “FTIR Study of Methanol and Ethanol Interactions with Anatase Surfaces with Respect to UV Irradiation” (Journal of Physical Chemistry B, 2006) and “Electrophoretic Deposition of Template-Free ZnO Nanorod Films” (ECS Transactions 2007).
“It has been a great pleasure to get to know Mr. Cucinelli and learn about Octillion’s substantial efforts toward creating a transparent nanostructured solar device,” stated Dr. Brownson. “I’m honored to join the exceptional team Mr. Cucinelli is assembling; critical thinkers with diversified backgrounds who can add context to the significant energy challenges at hand.”
Dr. Brownson continued, “Octillion resonates with me and the bright young minds I work with for pursuing basic materials research within a context of building integrated photovoltaic (BIPV) design. The PV window concept is exciting from an energy and architectural standpoint, and there is ample work to be done in developing a figure of merit that accurately quantifies the value of the viewscape, daylighting, energy production, and solar heat gain control attributes of such a product. Furthermore, Mr. Cucinelli’s vision for a truly novel, sustainability-oriented business model is exactly suited to the mind set of the current generation of researchers and students.”
Before joining the faculty at The Pennsylvania State University in 2007, Dr. Brownson completed two Post-Doctoral programs: one with Cardinal Glass CG (Spring Green, WI), where he developed photocatalytic thin films on glass, synthesized nanostructured metal oxides for inorganic solar cell devices, and assembled and characterized quantum dot solar cell devices; and a second at the Institut de Chimie et Mat€riaux de Paris-Est, CNRS (Centre National de la Recherche Scientifique), Thiais, France where he synthesized metal chalcogenide and metal oxide/hydroxide thin films on transparent conductive electrodes, electrodeposited light-absorbing nanoparticles over mesoporous TiO2 thin films for inorganic-sensitized photovoltaic cells, and synthesized inorganic fullerines by ultrasonic spray thermolysis.
Mr. Cucinelli continued, “I expect Dr. Brownson’s prior experience with Cardinal Glass and CNRS, his access to the Penn State Materials Research Institute and broader resources of the NNIN, and his hands-on work with the 2009 PSU Solar Decathlon team to significantly enhance and further inspire our ongoing research. Dr. Brownson’s collaborative and interdisciplinary approach to scientific research and problem solving is a perfect fit within the growing Octillion team.”
Dr. Brownson holds a PhD in Environmental Chemistry and Technology and an M.S. degree in Geology, both from the University of Wisconsin, Madison, where he specialized in the synthesis and characterization of metal oxide nanoparticles for high surface area applications, ultrasonic spray delivery for thin-film deposition, and surface characterization using High Resolution Transmission Electron Microscopy (HRTEM). He also holds a B.S. in Geology (Magna cum laude) from the University of North Dakota.
SolarWindow Technologies, Inc. creates transparent electricity-generating liquid coatings. When applied to glass or plastics, these coatings convert passive windows and other materials into electricity generators under natural, artificial, low, shaded, and even reflected light conditions.
Our liquid coating technology has been presented to members of the U.S. Congress and received recognition in numerous industry publications. Our SolarWindow™ technology may generate 50-times the power of a conventional rooftop solar system and may achieve a one-year payback when installed on all four sides of a 50-story building, according to independently-validated power and financial modeling.
Power and Financial Model Disclaimer
The company's Proprietary Power Production & Financial Model (Power & Financial Model) uses photovoltaic (PV) modeling calculations, which are consistent with renewable energy practitioner standards for assessing, evaluating and estimating renewable energy for a PV project. The Power & Financial Model estimator takes into consideration building geographic location, solar radiation for flat-plate collectors (SolarWindow™ irradiance is derated to account for 360 degrees building orientation and vertical installation), climate zone energy use and generalized skyscraper building characteristics when estimating PV power and energy production, and carbon dioxide equivalents. Actual power, energy production and carbon dioxide equivalents modeled may vary based upon building-to-building situational characteristics and varying installation methodologies.
For additional information, please call Ms. Briana L. Erickson toll free at 1-800-213-0689 or visit:
To receive future press releases via email, please visit:
To view the full HTML text of this release, please visit:
For answers to frequently asked questions, please visit our FAQs page:
Social Media Disclaimer
nvestors and others should note that we announce material financial information to our investors using SEC filings and press releases. We use our website and social media to communicate with our subscribers, shareholders and the public about the company, SolarWindowTM technology development, and other corporate matters that are in the public domain. At this time, the company will not post information on social media that could be deemed to be material information unless that information was distributed to public distribution channels first. We encourage investors, the media, and others interested in the company to review the information we post on the company's website and the social media channels listed below:
* This list may be updated from time to time.
No statement herein should be considered an offer or a solicitation of an offer for the purchase or sale of any securities. This release contains forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although SolarWindow Technologies, Inc. (the "company" or "SolarWindow Technologies") believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. Forward-looking statements, which involve assumptions and describe our future plans, strategies, and expectations, are generally identifiable by use of the words "may," "will," "should," "could," "expect," "anticipate," "estimate," "believe," "intend," or "project" or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to adverse economic conditions, intense competition, lack of meaningful research results, entry of new competitors and products, adverse federal, state and local government regulation, inadequate capital, unexpected costs and operating deficits, increases in general and administrative costs, termination of contracts or agreements, technological obsolescence of the company's products, technical problems with the company's research and products, price increases for supplies and components, litigation and administrative proceedings involving the company, the possible acquisition of new businesses or technologies that result in operating losses or that do not perform as anticipated, unanticipated losses, the possible fluctuation and volatility of the company's operating results, financial condition and stock price, losses incurred in litigating and settling cases, dilution in the company's ownership of its business, adverse publicity and news coverage, inability to carry out research, development and commercialization plans, loss or retirement of key executives and research scientists, changes in interest rates, inflationary factors, and other specific risks. There can be no assurance that further research and development will validate and support the results of our preliminary research and studies. Further, there can be no assurance that the necessary regulatory approvals will be obtained or that SolarWindow Technologies, Inc. will be able to develop commercially viable products on the basis of its technologies. In addition, other factors that could cause actual results to differ materially are discussed in the company's most recent Form 10-Q and Form 10-K filings with the Securities and Exchange Commission. These reports and filings may be inspected and copied at the Public Reference Room maintained by the U.S. Securities & Exchange Commission at 100 F Street, N.E., Washington, D.C. 20549. You can obtain information about operation of the Public Reference Room by calling the U.S. Securities & Exchange Commission at 1-800-SEC-0330. The U.S. Securities & Exchange Commission also maintains an Internet site that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the U.S. Securities & Exchange Commission at http://www.sec.gov. The company undertakes no obligation to publicly release the results of any revisions to these forward looking statements that may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.