Aliso Viejo, CA – January 28, 2014 – XsunX, Inc. (OTCQB: XSNX), a renewable energy technology, systems, and services company, today announced additional sales of commercial solar system design and installations in Southern California, and continuing momentum heading into what the Company sees as a productive 2014.
With a first year goal of reaching 1 MW per month in commercial PV installations, the Company sees unparalleled opportunities in the Southern California region towards achieving that goal.
“Our marketing efforts have attracted a large and diverse set of clients, and we are putting in long hours to keep up with project quote demand. We are also seeing tremendous diversity in project types and sizing requirements. It’s not uncommon to see one client with a high monthly electric bill that requires nearly 2,000 PV modules without enough open space to service all of their needs, and another client with enough room to easily service their needs,” stated XsunX CEO, Tom Djokovich.
The Company anticipated that a large number of the projects they would review and provide quotes for would require creative thinking to squeeze as much potential solar electric production as possible onto each site. Mr. Djokovich continued, “Obviously we like the ease of simple projects that can provide the most aggressive returns for our customers, but with management’s extensive design and building experience we are finding our ability to differentiate ourselves as an advantage on certain projects that require specialty applications or even new structures.”
Adding to the Company’s competitive position, they have established factory direct pricing for the major PV system components, and can offer zero down financing to clients. “We are aggressively executing our business plans, building our brand recognition in the region, and offering diverse solutions to meet our clients’ needs,” concluded Mr. Djokovich.
XsunX focuses on providing solar energy solutions that provide the greatest bottom-line financial benefits. The Company’s background and experience spans virtually all aspects of solar including technology assessment, design, and development. We have a deep passion for solar and have worked to pioneer new technologies and solar business solutions focused at making solar an affordable energy option. For more information, please visit the Company’s website at www.xsunx.com.
Safe Harbor Statement
Matters discussed in this release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts included in this press release are forward-looking statements. These statements relate to future events or to the Company's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Such risks, uncertainties and other factors, which could impact the Company and the forward-looking statements contained herein, are included in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Tom Djokovich, President and CEO