To Our Valued Shareholders,
XsunX continues to make great strides in the media, overseas with potential partners, and at home in the laboratory where our technologists are working on the development of our cross-industry HDD/CIGS technology. With this letter, Id like to brief you on our latest progress and events in these areas.
I recently had the pleasure of being a featured guest on Groks Science Show, a globally syndicated radio program that takes an in-depth look at current events and developments in the world of science and technology, and how these innovations affect our daily lives.
With that in mind, program hosts Dr. Charles Lee and Dr. Frank Ling asked me to discuss not only XsunXs own new technology, but also, more generally, how using solar technology can financially benefit individual consumers under new net metering policies.
If you missed it, please click here:
While I hit the radio waves, XsunX COO Joe Grimes attended the 24th European Photovoltaic Solar Energy Conference in Hamburg, Germany. From September 21 through 25, Mr. Grimes networked with potential investors and future licensees of the hybrid technology we are developing, laying the groundwork and developing channels through which we hope to develop our JV manufacturing relationships in the future.
Meanwhile back at home, our technologists led by CTO Robert Wendt continue to work on the development of our new CIGS manufacturing technology. Our technologists are laying the ground work and engineering for adaptation of certain solar processing technologies to the HDD equipment while also working with existing HDD systems to establish baseline process parameters for the use of these tools in the manufacture of the conductive layers of the solar thin films. Our goal is to establish increased thin-film solar efficiency, manufacturing output and overall affordability of XsunXs unique approach.
I thank you for your ongoing support of XsunX and look forward to sharing our continuing progress. If you have any questions in the meantime, please contact our Investor Relations desk at or (888) 797-4527.
Tom M. Djokovich, CEO
Safe Harbor Statement: Matters discussed in this shareholder news letter contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this shareholder news letter, 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.