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XsunX Business and Technology Newsletter

Technology & Multi-Chamber System Update


Date: 04/24/2012

Good morning,

This week, in addition to a progress update on the build of our CIGSolarTM system, we have some exciting news to share. The utility patent application for our evaporation technology was completed and we plan to file with the US Patent Office this week. This is the next step in the development of intellectual property surrounding our new technology and we are excited to be moving forward.

Progress with the build of our CIGSolarTM system is entering new phases too. In the last week, the material feed-in systems located at each end were attached to the vacuum load locks and the process of cold automation testing was begun.

The cold automation testing process is used to make any necessary adjustments to components while the system is open and prior to encasing wire assemblies and installing the cover panels.  The focus throughout this process is on sequencing and operation of components to ensure accuracy throughout. Please take a look at the progress by clicking over to our CIGSolar project update page.

Next, the system will be prepared to undergo vacuum leak checks and the heating system will be installed. Then a final series of acceptance tests will occur prior to preparing the tool for shipment to XsunX. Our patent pending thermal evaporation crucible systems will be one of the last components to be installed into the CIGSolarTM system and we plan to complete that on-site at XsunX.

Over the last several months, many of the parts and sub-assemblies have moved from the storage shelves and testing benches into the CIGSolarTM evaporator. The system has begun to morph from an empty steel box into what we believe will be the next step in the evolution of CIGS evaporation technology.  We are excited to share this progress with you and look forward to providing more updates soon.

Thanks again for your time, support, and interest. Have a great week.

The XsunX Team

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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.


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