Aliso Viejo, CA – May 6, 2014 – XsunX, Inc. (OTCQB: XSNX), a solar energy solutions provider, today announced that it is expanding its sales force and adding new financing options for commercial solar projects in the lucrative Southern California market. The Los Angeles, Orange County, Riverside, San Bernardino, and San Diego areas represent the fastest growing market for solar systems in the U.S.
“Our goal is to achieve 1 megawatt (MW) per month in commercial system sales this year,” stated XsunX CEO, Tom Djokovich. “The fastest path to achieving that goal is through increasing our direct marketing and sales efforts with in-field sales executives offering our exceptional PV system technologies and financing solutions to the thousands of commercial properties throughout Southern California.”
The company’s effort to expand its direct sales force comes in support, and on the heels, of recently added project finance solutions which include an exceptional lease-to-own program that can provide meaningful and immediate cost savings for customers and a Power Purchase plan tailored to the special needs of non-profit organizations.
Mr. Djokovich continued, “We offer exceptional system design, technologies, and pricing, yet the key to sales is providing the ideal financing solution for our clients. We have had non-profits, such as churches and homeowner associations (HOA), approach us interested in switching to solar. Up until now, without the Power Purchase option, it has been difficult to monetize the tax benefits and deliver a cost effective solution to non-profits.”
With the addition of the lease-to-own program for business owners, and the Power Purchase plan for non-profits, XsunX is adding executive sales agents and sales engineering staff to support field canvassing and direct sales efforts targeting the major Southern California commercial markets.
XsunX provides solar energy solutions with the greatest bottom-line financial benefits for commercial and industrial users. Our background and experience spans virtually all aspects of solar, including technology assessment, design and development. We have a deep passion for solar and have worked to pioneer new technologies and solar solutions that make solar power an affordable energy option. For more information, please visit our website at xsunx.com.
Safe Harbor Statement
Matters discussed in this release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts included in this press release are forward-looking statements. These statements relate to future events or to the Company's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Such risks, uncertainties and other factors, which could impact the Company and the forward-looking statements contained herein, are included in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Tom Djokovich, President and CEO