"By participating in globally-recognized events such as Principal Voices, we hope to highlight not only on solar energy, but viable thin film photovoltaics that we feel will drive the future of power." Tom Djokovich, President and CEO of XsunX, Inc.
XsunX Invited Guest Participant: Principal Voices Alternative Energy Roundtable
CNN, FORTUNE and TIME Magazines to Host
ALISO VIEJO, Calif., Nov. 27, 2006 ——XsunX, Inc. (XSNX), developer of advanced manufacturing systems and cell structures for solar energy, has been invited to participate in an alternative energy roundtable discussion known as Principal Voices December 5 in San Francisco, CA.
The event is aimed at stimulating discussion on some of the major challenges facing the world today, including environment, economic development, urbanization, and the collaborative corporation.
Tom Djokovich, CEO of XsunX, accepted the invitation to specifically participate in the alternative energy roundtable.
The featured presenters in this roundtable are Ms. Wangari Maathai, who won a Nobel Peace Prize in 2004 for her work on environment, sustainable development and human rights; Mr. Amory Lovins, alternative energy expert and co-founded the Rocky Mountain Institute, one of the world's leading research and education organizations on energy and resource use; and, Mr. David Hales, president of the College of the Atlantic, a U.S. college known for its ecologically-centered approach.
It is anticipated that discussion in this roundtable will include the latest developments in the alternative energy sector, the growing funding environment for new energy sources and the general implications for a sustainable energy future.
"We welcome the opportunity to discuss alternative energy, especially solar power and the tremendous innovation thin film photovoltatics will afford our future," Djokovich said. "With unprecedented global growth in the demand for electricity, limiting supplies of conventional fuels, and homeland security concerns, looking to the sun for affordable, sustainable and safe power has never been more important."
XsunX is committed to participating in forums such as Principal Voice that highlight the benefits of alternative energies and showcase the firm's advanced solar technologies and equipment.
"By participating in globally-recognized events such as Principal Voices, we hope to highlight not only on solar energy, but viable thin film photovoltaics that we feel will drive the future of power," said Djokovich.
Principal Voices events have been held in London, and after next week's event in San Francisco, will be held in New Delhi and Sydney, finishing in 2007. Findings and white papers from all events are expected to be posted online at www.principalvoices.com for global comment.
Based in Aliso Viejo, Calif., XsunX is developing and commercializing innovative new thin film photovoltaic (TFPV) solar cell technologies and manufacturing processes to service expanding global energy demands. The Company has focused its efforts on lowering the cost per watt of solar power and making solar cell technology easier to use in a wide variety of applications. XsunX provides new manufacturing techniques that can significantly lower production costs and allow for easier additions to production capacities and technology upgrades to manufacturers without their having to re-build and re-tool. Together, XsunX design and production innovations offer manufacturers of solar products exciting new application opportunities and reductions to the cost per watt of solar power.
More information can be found at the Company's multi-lingual website: 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.
For more information, contact Investor Relations at XsunX, Inc. (888) 797-4527; Media Relations (949) 330-8065.