To Our Valued Shareholders,
We’re pleased to share with you that the company’s Chief Technology Officer, Robert Wendt, was invited by the National Renewable Laboratories “NREL” to address senior thin-film experts at the Material Research Society Spring Meeting in San Francisco, California, CA on April 28, 2011, http://www.mrs.org/s11program-d/.
Mr. Wendt presented an “Industrial Perspective” on the Program Topic: “How to Achieve the Sunshot Goal of $0.50/watt at the Module Level Using Compound Semiconductors?” His presentation was designed to address the major issues associated with the DOE’s Sunshot program based upon currently available PV technologies, a-Si, CdTe, CIGS, x-Si. Topics considered by the Sunshot program and addressed by Mr. Wendt included:
· What are the major costs in PV?
· Is this an achievable and realistic goal?
· Identify areas/components of high cost and ideas to lower those costs. What needs to happen?
· What can material scientists do to reach the goal?
A copy of his presentation is available on the XsunX website’s Technology section website at:
The Material Research Society Spring Meeting in San Francisco, California, CA attracts highly respected solar industry professionals including manufacturers, investors, engineers, scientists, project developers, researchers and key service providers looking to push the thin-film industry forward.
As always, if you have any questions in the meantime, please contact our Investor Relations desk at [email protected] or (888) 797-4527.
Joseph Grimes, President and COO, XsunX, Inc.
Safe Harbor Statement: Matters discussed in this shareholder newsletter contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this shareholder newsletter, 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