DGAP-News: Dyesol Limited: Father of DSC Awarded 2012 ALBERT EINSTEIN World Award of Science

DGAP-News: Dyesol Limited: Father of DSC Awarded 2012 ALBERT EINSTEIN World Award of Science

ID: 120960

(firmenpresse) - DGAP-News: Dyesol Limited / Key word(s): Miscellaneous/Miscellaneous
Dyesol Limited: Father of DSC Awarded 2012 ALBERT EINSTEIN World Award
of Science

02.03.2012 / 06:48

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Father of DSC Awarded 2012 ALBERT EINSTEIN World Award of Science

Sydney, Australia - 29 February 2012 - A substantial validation of the
power of Dye Solar Cell (DSC) technology to significantly impact the
world's renewable energy supply has come from the World Cultural Council as
it awards the father of the dye solar cell (DSC), Professor Michael
Grätzel, the prestigious 2012 ALBERT EINSTEIN World Award of Science for
his outstanding achievements in inventing and developing the Grätzel
Cell, the Dye-sensitised Solar Cell (DSC), that is regarded by many as
the single most important breakthrough in the development of sustainable
energy.

The Interdisciplinary Committee of the World Cultural Council
(www.consejoculturalmundial.org) has selected Professor Grätzel, Director
of the Laboratory of Photonics and Interfaces at Ecole Polytechnique
Federale de Lausanne (EPFL) in Switzerland, because of DSC's capability to
significantly increase the spread of sustainable, renewable energy
throughout the world and make a major impact in renewable energy
distribution across the globe.

'Not only is this a tremendous mark of respect for Professor Grätzel by the
global scientific world, it is also an overwhelming vote of confidence in
Dyesol and the future of DSC applications,' Dyesol Director, Mr. Gordon
Thompson, explained.

'Dyesol has strong ties to Professor Grätzel. Professor Grätzel is the
chairman of Dyesol's Technology Advisory Board, and Dyesol is a pioneer
licensee of the DSC technology developed at EPFL. Our team has been
developing this invention to a range of commercial product solutions since




1994.

'Today, Dyesol is at the cutting edge in the photovoltaic industry as the
leading global supplier of DSC materials, technology and know-how to
multinational manufacturing partners and researchers across the globe. Our
DSC photovoltaic technology enables metal, glass and polymeric based
products in the building, transport and electronics sectors to generate
energy and to improve energy efficiency. These are exciting times for the
company.' Mr Thompson said.

The 29th World Cultural Council Award Ceremony will be held in Denmark on
the 18th of April 2012.


About the World Cultural Council
The World Cultural Council is an international organization, based in
Mexico, whose objectives are to promote culture, values and goodwill
throughout the world. The 'Albert Einstein World Award of Science' and the
'JoséVasconcelos World Award of Education' and the 'Leonardo da Vinci
World Award of Arts' are one means to this end. These awards honour
outstanding personalities whose work has had a significantly positive
impact on the cultural legacy of mankind. The members of the Council
include several Nobel laureates. Since its foundation in 1981, the
dedicated work of our members has produced a long list of distinguished
award-winners, selected on the basis of a careful evaluation of their
merits.

The Company - DYESOL Limited
Dyesol is a global supplier of Dye Solar Cell (DSC) materials, technology
and know-how. DSC is a photovoltaic technology enabling metal, glass and
polymeric based products in the building, transport and electronics sectors
to generate energy and improve energy efficiency. Dyesol partners with
leading multinational companies who possess significant market share and
established routes-to-market. The company is listed on the Australian
Stock Exchange (DYE), the German Open Market (D5I), and is trading on the
OTCQX (DYSOY) through its depositary BNY Mellon. Learn more:
www.dyesol.com Subscribe to Mailing List and eNewsletter here.

The Technology - DYE SOLAR CELLS
DSC technology can best be described as 'artificial photosynthesis' using
an electrolyte, a layer of titania (a pigment used in white paints and
tooth paste) and ruthenium dye deposited on glass, metal or polymer
substrates. Light striking the dye excites electrons which are absorbed by
the titania to become an electric current. Compared to conventional silicon
based photovoltaic technology, Dyesol's technology has lower cost and
embodied energy in manufacture, it produces electricity more efficiently
even in low light conditions and can be directly incorporated into
buildings by replacing conventional glass panels or metal sheets rather
than taking up roof or extra land area.

- Ends -

Media&Investor Relations Contacts:

Australia Viv Hardy, Callidus PR Tel: +61 (0)2 9283 4113 or +61
(0)411 208 951
Germany&Eva Reuter, DR Reuter Investor Relations Tel: +49 177
605
Europe 8804
USA&the Josh Seidenfeld, Antenna Group Tel: +1 415 977 1953,
Americas dyesol(at)antennagroup.com
Dyesol Angela Geary, Dyesol Brand Manager Tel: +61 (0)2 6299
Headquarters 1592, ageary(at)dyesol.com


End of Corporate News

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02.03.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Datum: 02.03.2012 - 06:48 Uhr
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