XSNX Research Links:
- News and Stock Info
Company Website
http://www.xsunx.com/
Contact Us
Aurelius Consulting Group, Inc.
500 Winderley Place
Suite 100
Orlando, FL 32751
Phone (407) 644-4256
Fax (407) 644-0758
www.runonideas.com
info@runonideas.com
To unsubscribe, simply click here and enter the email address which received this message.
Tuesday October 7, 6:00 am ET Company Anticipates Strong Module Sales Interest as Eight Year Extension of the Federal ITC Re-Invigorates Multi-Megawatt and Residential Solar Projects
ALISO VIEJO, Calif., Oct. 7 /PRNewswire-FirstCall/ -- XsunX, Inc.
(OTC Bulletin Board: XSNX - News), a solar technology company engaged in the
build-out of its multi-megawatt thin film photovoltaic (TFPV) solar
manufacturing facilities, announced today that it will be exhibiting at the
Solar Power International 2008 Conference and Trade Show in San Diego,
California from October 14-16.
The San Diego conference, the largest solar show in the U.S.A., traditionally has attracted large groups of domestic and international buyers representing utilities, power purchase associations ("PPA"), and solar installers. XsunX has scheduled numerous sales meetings for the show and, with the recent passage of an eight year extension to the Federal Investment Tax Credit ("ITC"), XsunX anticipates strong sales interest for its thin film amorphous modules as the ITC re-invigorates multi-megawatt and residential solar projects nationwide.
"We've seen the passage of the eight year extension to the ITC for renewables breath life back into at least five solar power projects, and most likely more that we were not aware of, that were placed on hold due to the lack of clarity on the future of the ITC from the government," stated Mr. Joe Grimes, COO of XsunX. "Now that an eight year extension has been enacted, we anticipate the flow of investments into utility scale solar projects to once again pick up steam," concluded Mr. Grimes.
The Company will be exhibiting in Main Exhibit Hall of the San Diego Convention Center, Booth 632. For a schedule and directions to the show, please go to the following link, http://www.solarpowerconference.com/conference/schedule .
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.
The San Diego conference, the largest solar show in the U.S.A., traditionally has attracted large groups of domestic and international buyers representing utilities, power purchase associations ("PPA"), and solar installers. XsunX has scheduled numerous sales meetings for the show and, with the recent passage of an eight year extension to the Federal Investment Tax Credit ("ITC"), XsunX anticipates strong sales interest for its thin film amorphous modules as the ITC re-invigorates multi-megawatt and residential solar projects nationwide.
"We've seen the passage of the eight year extension to the ITC for renewables breath life back into at least five solar power projects, and most likely more that we were not aware of, that were placed on hold due to the lack of clarity on the future of the ITC from the government," stated Mr. Joe Grimes, COO of XsunX. "Now that an eight year extension has been enacted, we anticipate the flow of investments into utility scale solar projects to once again pick up steam," concluded Mr. Grimes.
The Company will be exhibiting in Main Exhibit Hall of the San Diego Convention Center, Booth 632. For a schedule and directions to the show, please go to the following link, http://www.solarpowerconference.com/conference/schedule .
For more information about XsunX, please visit http://www.XsunX.com
Contact: For XsunX, Inc. Investor Relations Tel: (888) 797-4527
Contact: For XsunX, Inc. Media Relations Tel: (949) 330-8065
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 Further Information, Contact:
Aurelius Consulting Group, Inc., Century Bank Building,
500 Winderley Place, Suite 100, Orlando, FL 32751, (407) 644-4256,
Fax: (407) 644-0758, info@aurcg.com
Aurelius Consulting Group, Inc., Century Bank Building,
500 Winderley Place, Suite 100, Orlando, FL 32751, (407) 644-4256,
Fax: (407) 644-0758, info@aurcg.com
Have a question about XSNX?
To unsubscribe, simply go to http://www.runonideas.com/press/remove.asp and enter the email address which received this message.
Disclaimer: XsunX, Inc. is a client of the Aurelius Consulting Group, Inc. and of RedChip Visibility, a division of RedChip Companies. XSNX paid RedChip Visibility $30,000 for the RedChip Visibility Research Program, which includes this report. RedChip Visibility, a division of RedChip Companies, Inc., has been contracted by XSNX to increase investor awareness of XSNX to the small-cap equity community. These services may include investor conferences and digital and print distribution of XSNX investor related materials. In the purview of Section 17(b) of the Securities Act of 1933 and in the interest of full disclosure, we call the reader's attention to the fact that RedChip receives a monthly fee of $12,500 in cash for investor relations services.