"We are delighted with the recognition" says Joe Grimes, COO of XsunX, "for the efforts we have made to work with state and local governments, local utilities and community colleges as well as being an advocate for continued growth in the solar sector." 
 
 
Mayor David Fuller states " Wood Village is a city that believes in strong partnerships with its local businesses.  We are very pleased with the cooperation that exists between XsunX, City staff and the Council of Wood Village.    We are pleased to receive the Business Development Success Story award and thank the Portland Development Commission's nomination of Wood Village for this prestigious award.  We see a bright future with XsunX adding significant jobs and growth to the local economy.”
 

 

 

 

 

XsunX Press Release
Date: 11/28/2007

 

XsunX CEO Interview Available Online
Provides Update to the Build-Out of Thin Film Solar Module Manufacturing Infrastructure

ALISO VIEJO, Calif., Nov. 27 -- XsunX, Inc. (OTC Bulletin Board: XSNX - News), a solar technology company engaged in the build-out of its multi-megawatt thin film photovoltaic (TFPV) solar module manufacturing facilities, announced today that the Company's CEO, Mr. Tom Djokovich, recent interview by Laguna Research Partners, a business intelligence and investment research firm, is available online at http://www.lrponline.net.

The interview with Laguna Research Partners focuses on four topics: 1) how the Company is working to build the necessary infrastructure for its first thin film solar module production plant in the US; 2) the product that XsunX plans to produce in that plant; 3) early indications of interest from customers; and, 4) the anticipated ramp-up in production for the plant.

The interview, and an earlier report, released by Laguna Research Partners, can be accessed at that firm's Web site at http://www.lrponline.net . A direct link to the interview can be accessed at http://www.lrponline.net/XSUNX_CEOInterview_2007-11-20_LRP_FINAL.pdf .

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.

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.

Disclosure

Laguna Research Partners was compensated six-thousand five-hundred dollars by XsunX, Inc. to issue one Update Report and payment was made prior to the issuance of that report. Laguna Research Partners was also compensated six- thousand dollars by XsunX, Inc. for six months of Research Coverage regarding the Company, and payment was made in full prior to the commencement of coverage. 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.