"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.”
 

 

 

 

 

In case you missed it...
Date: 12/1/2007

 

XsunX Adds Experienced Business Development and Management Professional to Its Board of Directors

ALISO VIEJO, Calif., Nov. 12 -- 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 Mr. Oz Fundingsland has joined the Company's Board of Directors.

Mr. Fundingsland brings over 40  years of sales, marketing, executive business management, finance, and corporate governance experience to XsunX. His professional and business experience principally originated with his tenure at Applied Magnetics, a disk drive and data storage company. Prior to his retirement from Applied Magnetics in 1994, Mr. Fundingsland directed sales growth from $50 million to over $550 million. He also served for 10 years through 2003 as a member of the board of directors for the International Disk Drive Equipment Manufacturers Association "IDEMA" where he continues to serve as an advisor to the board. For the last 13 years, Mr. Fundingsland has provided consulting services assisting with sales, marketing, and management to a host of companies within the disk drive, optical, software, and LED industries.

"XsunX has been working to develop a business environment in which we could attract professionals such as Oz to our board of directors," stated Mr. Tom Djokovich, XsunX's CEO. "We are pleased to now have the added value of Oz's business and professional experience to draw on. As we move forward with our business development plans, I am looking forward to working with Oz to help guide and expand our opportunities in this dynamically growing industry," concluded Mr. Djokovich.

About XsunX

Based in Aliso Viejo, Calif., XsunX is developing and commercializing new amorphous silicon thin film photovoltaic (TFPV) solar cell technologies and manufacturing processes to service expanding global energy demands. The Company has initiated plans to build a multi-megawatt TFPV 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 manufacturing capacities to over 100 megawatts.

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.