2006-03-13 See all News
08:30:20 - Montag
XsunX Licensed Process Completes Successful Test
>ALISO VIEJO, Calif., March 13, 2006 (PRIMEZONE) -- XsunX, Inc. (OTCBB:XSNX),
developer of Power Glass(tm) -- an innovative thin film solar technology that is
intended to allow glass windows to produce electricity from the power of the
sun, announced today that a patented reel-to-reel thin film manufacturing
system, under license to XsunX, was used to successfully complete production of
amorphous thin film silicon samples on rolls of plastic film. The sample film
was produced using a development scale machine and the results of this process
will be incorporated into the Company's first commercial scale system currently
under construction.
"We are very excited about the results and progress made in the development of
this hybrid system architecture," stated Dr. Arun Madan, Chairman of the XsunX
Scientific Advisory Board. "We have taken our patented idea and successfully
reduced it to a working system providing the basis for system scalability and
the potential for reductions to per watt manufacturing costs that should be
welcomed by the industry."
Upon completion the commercial production system will incorporate the Company's
hybrid systems design based on technology under exclusive license from
MVSystems, Inc. This design combines the scalability of reel-to-reel processing,
and the use of flexible rolled substrates, with the exact processing
capabilities of cluster tool vacuum deposition systems. The Company believes
that through the selective integration of the better attributes of these
previously separate system types, the fabrication of an array of new and
efficient thin film devices on flexible substrates may be possible. The Company
plans to begin marketing its manufacturing systems and thin film technologies to
potential licensees in the spring.
About XsunX
Based in Aliso Viejo, California, XsunX is the developer of Power Glass -- an
innovative thin film solar technology that is intended to allow glass windows to
produce electricity from the power of the sun. This proprietary technology is
intended to allow manufacturers to apply a semi-transparent and photovoltaic
film to glass and other transparent surfaces. When XsunX films are exposed to
light, the light energy is converted into electrical energy for use as a power
source. The integration of energy producing materials into building materials is
known as Building Integrated Photovoltaics or "BIPV". Please visit the Company's
website for more information: www.XsunX.com
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.
CONTACT: XsunX, Inc.
Media Relations
(888) 797-4527