SmallCapSentinel.com: The Better Solar Mousetrap


LAS VEGAS, March 4, 2010 (GLOBE NEWSWIRE) -- It can be argued as to whether interest sparks ingenuity, or conversely if ingenuity drives interest. Regardless, the better mousetrap idea generally earns and deserves attention.

A release just moments ago by Magnolia Solar Corporation (OTCBB:MGLT) should affirm the emerging solar equity's position as a unique innovator, a firm with the ability to turn not just the heads of those interested in all things in the solar arena, but also to turn the egg-heads of academia who generally know the difference between game-changer technology and fertilizer.

It is with this in mind that Magnolia's announcement this morning that it received a $1 million award from the New York State Energy Research and Development Authority (NYSERDA) to develop advanced thin-film solar cells in partnership with the College of Nanoscale Science and Engineering ("CNSE") of the University at Albany is a big, big deal.

More than simply a million dollars, this is an important alliance with credible academia, with a prestigious university with a reputation it greatly values. This isn't two microcaps cutting deals with each other to look good. This is a top young solar company being embraced by world-class intellectuals at CNSE's Albany NanoTech Complex.

More importantly, the best may as yet be to come. What will be the product of this synergy? Already, Magnolia's technology to capture a broader spectrum of the sun's energy and to reduce energy losses due to reflection is intriguing. Now, a technology that uses non-toxic materials on low-cost substrates to produce high-efficiency, low-cost solar cells could be enhanced by the university's nanotech acumen.

Perhaps then Magnolia will have further improved what was already a better solar mousetrap.

Read everything being said on the web about MGLT at www.BoardMark.com

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Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results. SmallCapSentinel.com is property of Integrity Media Inc. (IMI). IMI provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience. The subject companies haven't always approved the statements made in this report. This report is neither a solicitation to buy nor offer to sell securities and is for information purposes only and shouldn't be used as basis for investment decisions. IMI isn't an investment advisor, analyst or licensed broker dealer and this report isn't investment advice. IMI has been paid $5,000 by Hanover Financial Services for this report and promotional services related to MGLT. Paid reports constitute a conflict of interest as to IMI's ability to remain objective in communication regarding subject companies.


            

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