XeroCoat(R) Industry-Leading Anti-Reflective Coating Technology Receives Patent Grants

REDWOOD CITY, CA, Oct 07 (MARKET WIRE) --
XeroCoat, Inc., a venture-backed Silicon Valley company in the solar
energy industry, today announced that the company has received notice of
issuance of three separate patents for its method of production and
morphology control of silica and silica-like films. Initial patent grants
have been received from Singapore and Australia. Additional patent grants
from the United States, Europe, Japan, China, Canada, India, Mexico, and
New Zealand are anticipated over the next 18 months. The issuance of
these three patents is a significant milestone for the company in its
endeavor to provide cost-effective, anti-reflective coatings to the
photovoltaic industry. Solar module manufacturers will soon be able to
license XeroCoat's anti-reflective coating technology and integrate it
into their module manufacturing process, thereby achieving both supply
chain savings and increased module efficiency. The XeroCoat
anti-reflective coating technology has application to the entire range of
solar energy technologies, including crystalline and thin-film
photovoltaics, concentrating photovoltaics, and solar thermal.

"XeroCoat's patents mark the first significant breakthrough in decades in
the field of anti-reflective coatings," stated Dr. Michael Harvey, CTO at
XeroCoat, and the inventor of the XeroCoat technology. "For our customers,
quality is as important as cost and module efficiency. By licensing our
patented technology and integrating it into their manufacturing process,
solar module makers now have a no-compromise anti-reflective coating
solution where they have control over the quality, cost, and energy
efficiency."

Targeting the solar thermal and photovoltaic segments, XeroCoat's
anti-reflective coating technology significantly increases conversion
efficiency and, consequently, the power output of solar systems in a
cost-effective manner. The combination of a single-layer optical coating
and graded low-refractive index enables XeroCoat's anti-reflective coating
to achieve the highest attainable optical performance for any type of
solar cover glass. Utilizing XeroCoat's coating, solar module makers can
expect a 3% increase in power output on a peak watt basis and a 4%
increase in energy produced on a kWhr basis. Unlike other anti-reflective
technologies, for example, that require a high-temperature sintering
process to form a porous silica structure, XeroCoat's patented technology
utilizes a single layer coating step followed by a low-temperature curing
process that integrates directly into the module manufacturing process.

"The roadmap for solar photovoltaics shows that reducing the cost of the
solar module is of paramount importance," stated Tom Hood, president and
CEO at XeroCoat. "Solar module manufacturers can now confidently deploy
the patented XeroCoat technology themselves and benefit from a two-fold
advantage: an increase in revenue and an increase in energy efficiency,
while protecting their competitive advantage. With our strong emphasis on
research and development in the field of anti-reflective coatings, we
believe that XeroCoat is well-positioned to become a preferred partner to
solar module manufacturers worldwide."

XeroCoat executives will be available at Solar Power International 2008,
October 13-16 to meet with customers and potential partners. For more
information contact Beth McAllister, Vice President, Business Development
at bmcallister@xerocoat.com or visit www.xerocoat.com.

About XeroCoat

XeroCoat is a venture-funded Silicon Valley company that designs and
manufactures a high-performing anti-reflective coating for solar energy
systems. XeroCoat's innovative technology delivers greater solar energy
affordability today by decreasing manufacturing costs for solar module
makers and increasing energy returns for solar system owners. Founded in
Queensland, Australia and headquartered in Redwood City, California,
XeroCoat has an international team of world-class optical materials and
solar energy scientists and engineers who are focused on continuous
innovation of coatings for the solar energy industry. For more
information, visit www.xerocoat.com.

Company Contact:
Beth McAllister
Vice President, Business Development
(650) 362-6306
Email Contact

Agency Contact:
Uma Subramaniam
marcom360
(408) 981-8712
Email Contact

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