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XsunX Named 2005 World Technology Award Winner Thursday November 17, 6:00 am ET Company Captures First Place in Energy Category at Gala Event in San Francisco
ALISO VIEJO, Calif., Nov. 17, 2005 (PRIMEZONE) -- XsunX, Inc. (OTC BB:XSNX.OB - News), developer of Power Glass(r) -- an innovative solar technology that allows glass windows to produce electricity from the power of the sun, announced today the company was named a 2005 World Technology Award winner in the energy category. ADVERTISEMENT
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).
About the World Technology Network
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.
About XsunX
Based in Aliso Viejo, California, XsunX is the developer of Power Glass -- an innovative Building Integrated Photovoltaic 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: 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 (949) 330-8060
Posts: 439 | Registered: Apr 2005
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yeah, but gonna wait till after some profit taking happens. Already on the 3rd day of the run so some correction will take place. May actually have to take a small long position on the side however!
Posts: 680 | From: san francisco | Registered: Aug 2005
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XsunX , Inc. has developed Power Glass™ – an innovative solar energy technology that allows glass windows to produce electricity from the power of the sun. XsunX has focused on the development of very thin semi-transparent coatings and films that create large area monolithic solar cell structures that you can see through.
XSNX Transparent Solar Cell on Thin-Film Plastics Moves Closer to Ushering in a New Generation of Energy Efficient Buildings- http://biz.yahoo.com/pz/050608/79599.html
Tom M. Djokovich, PR/CEO/DIR XSUNX, Inc. 65 Enterprise Aliso Viejo, CA 92656 United States Phone: 949-330-8060 Fax: 949-330-8061 __________________
Posts: 439 | Registered: Apr 2005
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"I knew the Market was going to trend higher... Day Traders got in this a.m., but seems they're pretty well flushed out now... it's 12:20 p.m.,.... it also looks like some of them are only selling off their original investment and holding onto the diff. in stock..... this is extremely positive, when even the Day Traders recognize the potential of a stock.
IMO... I think this one will keep trending higher over the next few weeks, with possibly a few more days of 20%+ gains, until we start leveling off at $1.00 to $1.30.... then the Big Boys will get their sniff and trend XSNX to possibly $2.00 before year end.
Everyone is hungry for energy savings and production.... it's true, the Japanese already have their version of this, but the solar micro waving effect of gas, in between two sheets of glass is expensive, but my understanding is, that it pays for itself in electrical savings by 20% to 25% per year... depending on the amount of sunlight. Only problem with this is... one crack or break in the seal, and the gas is gone, which renders that panel useless.... XSNX uses a laminate that doesn't go anywhere, it's as clear as glass and even if it gets scratched, it doesn't compromise the energy production... the only thing that will fail over time, is the electrical energy capturing component and my understanding is, that it's as easy to change as a fuse... the glass panel itself lasts as long as a regular window. A side bonus, is that if the glass ever gets impacted by say, a bird, wind driven debris, kids throwing stones, etc... The hit will only produce an impact crator... the laminate is flexable and will help keep the glass from falling/breaking into pieces... like most vehicles today.
XSNX uses a new technology of a 'Highbred' photocell process, that is laminated onto sheets of glass.... exactly the same as the shatter proofing laminate (Safe-T-Glass) that's on almost all vehicle windows today. That's why the company originally wanted to take the Royalties/Leasing option to Companies already in the industry... but instead, XSNX is going to produce the laminate itself and provide the material and energy capturing electronics to the glass industry... may as well, because that industry already has the buyers and distribution in place, globally.
This is highly exciting... the next step then will be towards homes, cars, hell... anything with glass... also, this laminate, I believe is around 50% as efficient as a Solar Cell, but only 10% the cost. I know people in the Plastics and Resin Films industry... the base material is sold by the lb. and is produced into a laminate that is only .003 to .005 thickness.... I do know, that the base material is a HDPE mix, but the other compounds, percent ratio of them, the production via heating/cooling, final chemical bonding/atom set-up & orientation is the TM and Patent to XSNX's process.
Good Luck to all.... this is just the beginning for this Company and other emerging from this Technology. Of course, there will be some break-outs in the glass & building industies that get into this new Technology as well...
Posts: 439 | Registered: Apr 2005
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Veyr nice morning ! Nice little gap then fileld the gap and now consolidating. Very good entry point imo
Posts: 439 | Registered: Apr 2005
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