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XsunX Achieves Improved Solar Cell Efficiency Tuesday February 14, 2:02 pm ET
ALISO VIEJO, Calif., Feb. 14, 2006 (PRIMEZONE) -- XsunX, Inc. (OTC BB:XSNX.OB - News), developer of Power Glass(tm) -- an innovative solar technology that is intended to allow glass windows to produce electricity from the power of the sun, announced today that continued product development success has produced improved solar cell efficiencies. This represents a milestone for the Company in efforts under its Phase III development program to perfect a scalable manufacturing method for large area solar cells on inexpensive thin film plastics. ADVERTISEMENT
The efficiency improvements were the result of efforts to increase the band gap properties of the cell structure. An increase to the band gap properties allows the cell to capture and convert a larger portion of the available solar energy into electricity. Another area of improvement associated with this effort was the increase of the open circuit voltage capabilities of the solar cell structure. Combined, these improvements produced thinner, more transparent cell structures than previous base lines, and conversion efficiencies of 5% on glass in lab tests. The Company is now working to transfer these results into its large area thin film cells on flexible plastics.
``While we are working to complete our scalable manufacturing process for Power Glass films, we have continued to work on efficiency improvements of the solar cell itself,'' stated Tom Djokovich, CEO of XsunX. ``An improvement to the band gap properties of solar cell materials is an area of industry wide effort. Improved band gaps allow the same materials to produce more power. This translates into low per watt costs and is why there is so much work being done in this area. Making the cell thinner, more transparent, and more efficient may allow us to use these gains to help improve yield and throughput under mass production conditions,'' concluded Mr. Djokovich.
About XsunX
Based in Aliso Viejo, California, XsunX is the developer of Power Glass -- an innovative Building Integrated Photovoltaic thin film solar technology that is intended to allow 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: http://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
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XsunX Development Team Adds Nano-Crystalline Specialists Wednesday April 5, 7:00 am ET Development Team Adds New Scientists to Next Generation Nano-Crystalline Thin-Film Solar-Cell Development
ALISO VIEJO, Calif., April 5, 2006 (PRIMEZONE) -- XsunX, Inc. (OTC BB:XSNX.OB - News), developer of Power Glass(r) -- an innovative solar technology that is intended to allow glass windows to produce electricity from the power of the sun, today announced the expansion of its development team to include additional senior scientists specializing in nano-crystalline thin-film technology. The expansion of the development team comes as the Company prepares to complete the addition of nano-crystalline development chambers to existing R&D systems as part of the development of a new hybrid solar-cell design employing a patent pending 4-terminal approach. The design combines aspects of the Company's Power Glass thin-film technology with that of nano-crystalline solar-cell design, which the Company believes holds the promise of lower cost, higher-efficiency, flexible and lighter-weight solar cells. ADVERTISEMENT
In the development of both Power Glass and the new nano-crystalline solar technologies, the Company is responding to the dramatically growing opportunity for thin-film solutions to expanding energy demands. A recent study by NanoMarkets, a Virginia-based research firm, outlined the potential U.S. market for thin films to approach $2.3 billion by 2011. A large portion of the market is expected to go to devices based on amorphous silicon, the XsunX specialty, with additional opportunities in building-integrated systems that represent the principal XsunX market.
XsunX recently announced that it had begun the manufacture of its first mass production system for delivery of its innovative thin-film solar cells. These manufacturing systems will be sold to licensees of the Company's proprietary thin-film solar technology, Power Glass. According to Tom Djokovich, CEO of XsunX, Inc., ``Our entire team is working hard toward the development of our first licensable product, Power Glass films, and the beginning of our marketing efforts. We hope to be able to soon invite potential licensees into the labs to demonstrate both the technology and the manufacturing systems. The incredible potential of this market makes both our team and our investors anxious for this important step. We are on target in the timing of our developments and we have promised our investors that we will go to market with absolute credibility and quality. The steps we take today will play a key role in the future of power.''
About XsunX
Based in Aliso Viejo, California, XsunX is the developer of Power Glass -- an innovative Building Integrated Photovoltaic thin film solar technology that is intended to allow 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: http://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.
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I didn't catch it that low...but it was low .30...to bad I didn't know such a short time ago how high it would go so quickly...but it's a great swing/daytrade for now...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
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