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Aliso Viejo, CA, November 17, 2005 – XsunX, Inc. (OTC BB: XSNX), developer of Power Glass® -- an innovative solar technology that allows glass windows to produce electricity from the power of the sun, announced today the company was named 2005 World Technology Award winner in the energy category.
At a gala ceremony held on November 15 at San Francisco City Hall, the World Technology Network announced the 2005 World Technology Award winners, new individual WTN Fellows and Corporate Members (in 20 individual categories and 10 corporate categories) The awards were announced by James P. Clark (Chairman, the World Technology Network) and Daniel Sieberg (Host, "Next@CNN" television show).
The World Technology Network (WTN) is a global meeting ground, a virtual think tank, and an elite club whose members are all focused on the business and science of bringing important emerging technologies of all types (from biotech to new materials, from IT to new energy sources) into reality. The WTN's membership is comprised of over 700 individuals and organizations from more than 50 countries, judged by their peers to be the most innovative in the technology world.
Based in Aliso Viejo, California, XsunX is the developer of Power Glass - an innovative solar technology that allows glass windows to produce electricity from the power of the sun. 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
CONTACT:
XsunX, Inc.
Media Relations
(949) 330-8060
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.
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