SwissINSO Begins Collaboration with the Solar Energy Laboratory and Building Physics Laboratory of the Ecole Polytechnique Fédérale De Lausanne (EPFL), Switzerland

Tue Oct 27, 2009 9:27am EDT
 
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Open House at the Ecole Polytechnique Fédérale of Lausanne to be held on
Tuesday, November 3rd from 5 pm to 7 pm
NEW YORK--(Business Wire)--
SwissINSO, an innovative company offering turn key industrial applications
powered by solar energy (OTCBB:PASH), is pleased to announce a collaboration
with the Solar Energy Laboratory and Building Physics Laboratory (LESO-PB) of
the Ecole Polytechnique Fédérale de Lausanne (EPFL), Switzerland. The two
entities will hold an Open House at EPFL on November 3rd, 2009 from 5- 7 pm at
the LESO-PB laboratory in Lausanne, Switzerland. For more information and to
register to attend, please visit www.swissinso.com/openhouse/. 

Under the terms of a technology transfer and research agreement signed by
SwissINSO, the company has access to a new process to coat glazing for solar
thermal collectors by vacuum magnetron sputtering deposition of a colored layer
opaque to the eye but transparent to solar energy. The agreement includes
intellectual property rights on future developments made by the LESO-EPFL in
this field. The technology transfer is now becoming effective and collaboration
has started. 

Professor Jean Louis Scartezzini, Director of the Solar Energy and Building
Physics Laboratory of EPFL, commented, "The LESO-PB/EPFL has developed new
technologies for the glazing that is applied to solar thermal collectors, and
wishes that this technology is transferred to industry in order to benefit the
public. This revolutionary proprietary nanotechnology was developed by Dr.
Andreas Schueler and his team over the last 7 years, and it represents over
several million dollars spent on research and development to bring it to the
market. Indeed, three full scale solar thermal collectors have already been
manufactured using commercial vacuum-based magnetron sputtering systems for
depositing nanocomposites in varying thickness and layers." 

Dr. Andreas Schueler states, "These solar thermal collectors are innovative in
that we can manufacture them in various color patterns using nanotechnology.
This is a major breakthrough, allowing architects to use solar thermal
collectors on the curtain wall of glazed buildings while enhancing the aesthetic
appearance of their architecture. We are looking forward to working in close
association with SwissINSO as they commercialize this innovative product and its
application to the solar cooling of buildings." 

Dr. Yves Ducommun, CEO of SwissINSO said, "We are very pleased to be associated
with such a prestigious educational institution as the LESO-PB at EPFL. This is
a true partnership between the academic and commercial worlds. We are excited
about the future collaboration potentials and synergies between SwissINSO and
the LESO, and we have already received numerous inquiries from architects and
major construction companies about this revolutionary solar energy product. The
alternative energy field is forecasted to grow significantly over the
foreseeable future, and we are keen to bring these cutting-edge products to
market and thus contribute to this expansion." 

About EPFL: Ecole Polytechnique Fédérale de Lausanne (EPFL), is one of the
premier academic institutions in Switzerland and Europe. Charged with three
missions - education, research and technology transfer at the highest
international level - EPFL is associated with several specialized research
institutes, and combined with its sister institution in Zurich, the schools are
among the pre-eminent educational and applied research establishments in the
world. The EPFL has always nurtured a spirit of adventure and is dedicated to
pursuing innovative projects that are combining fundamental and applied research
to the advancement of Science. 

About SwissINSO: SwissINSO SA, a Swiss corporation located in Lausanne,
Switzerland, utilizes its intellectual property assets to provide
environmentally friendly, innovative solar energy solutions and related
technology to meet growing global needs. The company`s goal is to become a world
leader in turn-key solutions using renewable energy for the purification and
desalination of water and the air cooling of buildings. Additional information
can be found at http://www.swissinso.com. 

Safe Harbor Statement: A number of statements contained in this press release
are forward-looking statements made pursuant to the safe harbor provisions of
the Private Securities Litigation Act of 1995. These forward-looking statements
involve a number of risks and uncertainties, including our ability to raise
capital when needed and on acceptable terms and conditions, the intensity of
competition and general economic factors. The actual results SwissINSO, recently
acquired by Pashminadepot.com, may achieve could differ materially from any
forward-looking statements due to such risks and uncertainties. SwissINSO
encourages the public to read the information provided here in conjunction with
its most recent filings, which may be viewed at www.sec.gov.

SwissINSO
Yves Ducommun, +41 22 310 86 08
contact@swissinso.com



Copyright Business Wire 2009

 

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