ALISO VIEJO, Calif., Dec. 13, 2004 (PRIMEZONE) -- XsunX, Inc. (OTC BB:XSNX.OB - News), developer of Power Glass(TM) -- an innovative solar technology that allows glass windows to produce electricity from the power of the sun, today announced the launch of the company's new Website.
Power Glass technology represents the potential for significant advancement of the Building Integrated Photovoltaics (BIPV) industry. Power Glass may provide an ideal solution for the wide scale integration of real energy producing products into living and working environments -- all without causing disruptive and costly changes to lifestyles.
"Advancing the development and testing of our processes for use on thin-film plastics is the culmination of a tremendous year for us and we are bullish on our prospects for bringing Power Glass(TM) to the market in 2005,'' commented Tom Djokovich, CEO of XsunX. ``In 2004 we took our idea and created working prototypes, expanded our R&D capabilities and leveraged our results to create a plan to commercialize Power Glass(TM). We have some momentum now and our continued efforts in 2005 should bring us new success and opportunities,'' added Mr. Djokovich.
Among its milestones in 2004, XsunX appointed renowned Dr. Arun Madden to the company's Scientific Advisory Board; entered into a collaborative venture with Colorado-based MVSystems to expand the company's R&D capabilities; added to the company's intangible assets through the acquisition of new patents and trademarks; and gained critical analyst and media coverage.
To review the company's Analyst Report, please visit: http://www.gaskinsco.com/linkto-xsunx.shtml
To listen to an in-depth interview with CEO Tom Djokovich, please visit: http://www.worldtalkradio.com/archive.asp?aid=2940
Based in Aliso Viejo, California, XsunX is developing its patented process to produce solar electric vision glass. This proprietary process is intended to allow manufacturers to apply a transparent and photovoltaic glazing to glass and other transparent substrates. When XsunX glazing is exposed to light, the light energy is converted into electrical energy for use as a power source. XsunX believes that its solar electric glazing technology has a number of major market opportunities in the worldwide architectural glass, optical film and plastics markets. Please visit the Company's website for more information: https://XsunX.com
Tom Djokovich, CEO
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.