XsunX Featured in Solar Research Report
Date: 10/16/2007

Press Release Source: XsunX, Inc.

XsunX Featured in Solar Research Report

Laguna Research Partners Initiates Coverage

ALISO VIEJO, Calif., Oct. 16 /PRNewswire-FirstCall/ -- XsunX, Inc. (XSNX), a solar technology company preparing to launch the build-out of its planned multi-megawatt thin film photovoltaic (TFPV) solar module manufacturing facilities, announced today that Laguna Research Partners, a business intelligence and investment research firm, has initiated coverage and released a research report on the Company.

The report from Laguna Research Partners presents insight and a comparative industry analysis of XsunX's plans to build a solar module manufacturing facility and introduce its new line of thin-film amorphous silicon solar modules.

Mr. Tom Djokovich, XsunX's CEO, stated, "We have worked hard this year to prepare our planned business expansion and we are very close to initiating the first phase of our planned build out." He continued, "I believe that the analysis report prepared by Laguna Research helps to shed light on the importance of solar electric energy in the economies of today and tomorrow, and how XsunX, with its plans to build solar modules, is positioning itself to play a part in the growth and popularity of solar as a primary energy source."

The report, released by Laguna Research Partners, can be accessed at that firm's Web site at http://www.lrponline.net .

About XsunX

Based in Aliso Viejo, Calif., XsunX is developing and commercializing new thin film photovoltaic (TFPV) solar cell technologies and manufacturing processes to service expanding global energy demands. The Company has made plans to build a multi-megawatt solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, XsunX plans to grow its capacities to 100 megawatts. The Company is working to complete site selection, and reviewing appropriate financing opportunities for the capital costs associated with the build out of the proposed new facilities.

About Laguna Research Partners, LLC.

Founded in 1998, Laguna Research Partners (http://www.LRPonline.net) is a privately held business intelligence and research firm that produces company, industry, economic, and geoeconomic research, analysis, and forecasting. The firm's primary objective is to provide its research users and business intelligence clients with proprietary, actionable insights. Since 2004, Laguna Research Partners has advised U.S.-based companies entering Asia and Asia- based companies entering the U.S.


Laguna Research Partners has been compensated U.S. six-thousand five- hundred dollars by XsunX, Inc. for an Update Research Report. Payment was made in full prior to issuance of those reports. No Laguna Research Partners owner, officer, or employee holds a position in and/or engages in transactions with respect to the securities of XsunX, Inc. Full disclosure information can be accessed at http://www.LRPonline.net.

Safe Harbor Statement: Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.

Source: XsunX, Inc.