XsunX Unveils New Plan to Revolutionize the Solar Industry with Breakthrough Cross-Industry Technology

XsunX Unveils New Plan to Revolutionize the Solar Industry with Breakthrough Cross-Industry Technology

Mass Production Technology to Bridge Gap Between Inexpensive Thin-Film and Higher Efficiency Silicon Wafer Technologies

ALISO VIEJO, Calif., July 14 -- XsunX, Inc. (OTC Bulletin Board: XSNX), an established solar company, today announced that it is developing a breakthrough thin-film photovoltaic (TFPV) cross-industry technology that may soon utilize the excess manufacturing capacity of the mature hard disc drive (HDD) industry to mass produce high efficiency, low cost solar cells to truly capture the power of the sun.

Mr. Joseph Grimes, XsunX's President, stated, "XsunX is excited to announce its expanded plan for development. The breakthrough thin-film opportunity, which is described at our new web site www.xsunx.com, was developed from an initial idea last fall and has matured to a reality today. We are working rapidly with our strategic partners to commercialize this cross-industry technology. We believe that this breakthrough can overcome current solar technology manufacturing limitations and revolutionize the solar industry."

Current techniques for the production of solar cells based on the use of Copper Indium Gallium (di) Selenide (CIGS) thin films, a solar technology that holds the record for thin film efficiencies at nearly 20%, do not leverage stationary, small area, high rate, production technologies that allow for the precise control of thin film properties. Development and production of CIGS, and many other thin films, have focused on the use of large area substrates or continuous moving roll-to-roll deposition methods that result in lower efficiencies.

XsunX's revolutionary manufacturing method combines the higher cell efficiencies that can be achieved through small area processing techniques, approximately 5" square wafers, with the high rate processing techniques developed within the hard disc media industry. We believe that through the successful combination of these techniques, overall factory yields (total watts of production per day) will be increased resulting in lower production costs while still delivering the full energy and low cost potential that CIGS based devices offer.

These wafers, on stainless steel, are similar in size to silicon wafers used in nearly all solar modules manufactured today. High efficiency flexible CIGS solar cells provide an immense opportunity for use in multiple market segments. XsunX envisions these thin film wafers as the solar building blocks for a wide variety of applications including:

Replacing Existing Silicon Wafers: A virtual drop in replacement for the costly and unpredictable silicon wafer costs. This is a vast market opportunity to replace aging technology.
Utility Scale Solar Fields: Due to the modular building block aspect of using wafers, solar module size and power output can be tailored to deliver the needs of any size solar farm or application. The constraints of monolithic thin film technology no longer limit panel size.
BIPV Products: High performance thin film flexible CIGS wafers can be designed into an array of building products including roofing materials, building facades, and glass.
Residential Markets: Unlike lower performance thin film solutions, high performance CIGS modules deliver the energy density necessary to make residential applications economical.
Consumer Products: A growing array of consumer products, from hand held devices to vehicles and gadgets of all types, have begun to integrate solar. Thin film CIGS wafers can be sized to meet the needs of these rapidly growing market segments.

"We see this opportunity as a step forward for our company at a time when many solar companies are struggling to differentiate themselves within a market that has become increasingly filled with status quo technologies," stated Mr. Robert Wendt, Chief Technology Officer for XsunX. "Our approach to CIGS thin film, combining sophisticated high rate HDD equipment with proven CIGS processes that have been matured in the laboratory, offers XsunX an opportunity to differentiate by providing significant improvements and cost reductions for the use of solar power," concluded Wendt.

The Company sees tremendous opportunities to deploy this breakthrough technology within the well-established and very mature HDD industry. Due to the downturn of the global economy and evolving technology shifts, the HDD industry is in need of another way to use its excess manufacturing capacity. XsunX estimates that converting only one half of the HDD industry, which accounts for the production of over 600 million hard disks per year, would be the equivalent of adding nearly 3GWp per year of solar production capacity.

For more information about XsunX, please visit XsunX Web site:

http://www.XsunX.com

Contact:
For XsunX, Inc. Investor Relations Tel: (888) 797-4527
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.

Source: MoneyTV; Nexia Holdings, Inc.; Platinum Studios, Inc.; XsunX, Inc.; Cord Blood America, Inc.

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Solar Stocks News - Veeco Introduces “FastLine” Glass Coating Platform for Production of CIGS Thin Film Solar Cells

Solar Stocks News - Veeco Introduces “FastLine” Glass Coating Platform for Production of CIGS Thin Film Solar Cells

PLAINVIEW N.Y.-Veeco Instruments Inc. (Nasdaq: VECO), announced the introduction of its FastLine™ platform of Glass Coating Systems, leveraging Veeco’s proven PV-Series™ Thermal Deposition Sources. Veeco’s new FastLine platform is designed for high throughput, low cost of ownership production of CIGS (copper, indium, gallium and selenium) solar cells.

Piero Sferlazzo, Ph.D., Senior Vice President of Veeco’s Solar Equipment business, commented, “Veeco is now the only equipment company offering integrated production-scale solutions for CIGS manufacturing on glass using thermal evaporation sources for the CIGS/absorber layer. Customers can now choose Veeco to provide comprehensive, fully integrated equipment to manufacture CIGS solar cells, whether they choose to use our FastLine systems for glass or our FastFlex™ systems for flexible substrates.”

Thermal evaporation, as compared to other deposition methods, produces the highest efficiency thin film solar cells and has the lowest materials costs with high material utilization driving down the manufacturing cost per watt. Veeco’s FastLine systems can handle up to thirty 1.1m x 1.4m glass panels/hour. The modular architecture of the system allows customers to scale their output according to their needs.

The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) has claimed a world record for CIGS thin-film solar cell conversion efficiency of 19.9 percent. The conversion efficiency for CIGS is now close to that of multi-crystalline silicon-based solar cells, according to NREL. This achievement was hailed as an important milestone because the efficiency of thin film solar cells is now achieving its goal of matching silicon in performance.

About Veeco

Veeco Instruments Inc. manufactures enabling solutions for customers in the HB-LED, solar, data storage, semiconductor, scientific research and industrial markets. We have leading technology positions in our three businesses: LED & Solar Process Equipment, Data Storage Process Equipment, and Metrology Instruments. Veeco’s manufacturing and engineering facilities are located in New York, New Jersey, California, Colorado, Arizona, Massachusetts and Minnesota. Global sales and service offices are located throughout the U.S., Europe, Japan and APAC. http://www.veeco.com/

To the extent that this news release discusses expectations or otherwise makes statements about the future, such statements are forward-looking and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include the risks discussed in the Business Description and Management's Discussion and Analysis sections of Veeco's Annual Report on Form 10-K for the year ended December 31, 2008 and in our subsequent quarterly reports on Form 10-Q, current reports on Form 8-K and press releases. Veeco does not undertake any obligation to update any forward-looking statements to reflect future events or circumstances after the date of such statements.

Contacts Veeco Instruments Inc.InvestorsDeb Wasser, 1-516-677-0200 x 1472SVP Investor RelationsorTrade MediaFran Brennen, 1-516-677-0200 x 1222Senior Director of Marcom






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Thin Film Solar Company XsunX Provides Update to Manufacturing Facility Plans

XsunX Provides Update to Manufacturing Facility Plans
Company Plans to Reduce Budget Requirements by Two Thirds While Working to Service Existing Sales Agreements

ALISO VIEJO, Calif., March 4 -- XsunX, Inc. (OTC Bulletin Board: XSNX), a solar technology Company engaged in the build-out of its multi-megawatt thin film photovoltaic (TFPV) solar manufacturing facilities in Oregon, today provided updates to its thin film solar module manufacturing plans, and its review of the investment tax credits related to provisions of the American Recovery and Reinvestment Act of 2009.

"In January the Company began preparing modifications to its manufacturing plans that would require fewer manufacturing components and significantly less capital expenditures with the objective of providing sufficient manufacturing capacities of approximately 10 to 13 MW necessary to service our existing sales contracts," stated Tom Djokovich, CEO for XsunX. "Our plans include reducing budget requirements to approximately $13 million which is roughly one third our current budget. The majority of cost reductions can be attributed to the need for significantly fewer infrastructure improvements, initial staffing, equipment, and operations related to the cost of goods sold. We believe that this will allow us to continue to add future manufacturing capacities as sales develop and allow the Company to work within the limitations presented by the unanticipated volatility within the financial markets," concluded Mr. Djokovich.

The Company is also reviewing the renewable energy manufacturing investment credit provisions of the American Recovery and Reinvestment Act of 2009 which provides up to $2.3 billion to fund a 30 percent investment tax credit (ITC) for manufacturing assets used to produce alternative energy products. The bill also offers provisions in which developers of manufacturing facilities can apply for grants of up to 30% of the total cost of eligible projects in lieu of the ITC. These credits and grants apply to projects creating or retooling manufacturing facilities to make components used to generate renewable energy. These are areas in which XsunX is already carrying out activities. Upon completion of the review of the ITC provisions the Company may elect to apply for certain of these benefits.

For more information about XsunX, please visit www.XsunX.com .

For more information about XsunX, please visit XsunX Web site: http://www.XsunX.com

XsunX Web site: http://www.XsunX.com
Contact: For XsunX, Inc. Investor Relations Tel: (888) 797-4527

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.

Source: XsunX, Inc.

XsunX, Inc. is a featured Company on Green Investor Portal RenewableEnergyStocks.com and Investorideas.com

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Sector Close-Up on Solar Stocks; J.Peter Lynch Reports, “Solar Stocks have Surprised the Street and Beaten Estimates, Some by a Wide Margin”

Renewable Energy Stocks Sector Close-Up on Solar Stocks; J.Peter Lynch Reports, “Solar Stocks have Surprised the Street and Beaten Estimates, Some by a Wide Margin”

Canadian Solar Inc. Leads Sector with Earnings Report and Robust Market Demand for Products


POINT ROBERTS, WA and DELTA, BC—May 14, 2008 -- www.RenewableEnergyStocks.com,
a leading investor news and research portal for the renewable energy sector within www.Investorideas.com, presents a sector close-up on recent developments and trends in the solar industry and related solar stocks. Insight and commentary features: Canadian Solar Inc., Clear Skies Solar, Inc. (OTCBB: CSKH), XsunX Inc. (OTCBB: XSNX), J.Peter Lynch and Dr. Robert Wilder, CEO and Founder of The Wilderhill Clean Energy Index.

Solar Stocks Sector Close-Up:
*As of May 13, 2008

Canadian Solar Inc. was up $6.68 (19.59%) on reported preliminary unaudited US GAAP financial information for the first quarter ended March 31, 2008. Net revenues for the quarter were $171.2 million (including $2.2 million of silicon material sales), compared to net revenues of $17.5 million for the first quarter of 2007 (including $2.8 million of silicon materials sales) and $127.5 million for the fourth quarter of 2007 (including $2.4 million of silicon materials sales). Net income for the quarter was $19.0 million, or $0.61 per diluted share, compared to a net loss of $3.9 million, or $0.14 per diluted share, for the first quarter of 2007 and net income of $5.9 million, or $0.21 per diluted share, for the fourth quarter of 2007.

In a press release issued by the company, Dr. Shawn Qu, Chairman and CEO, commented,
" Our impressive performance in the first quarter was due to a result of robust market demand for our products, strong pricing, effective management of foreign exchange exposure, strong operational execution of our flexible vertical integration business model, and our balanced supply strategy, which allowed us to increase our product delivery despite a general market shortage of silicon materials.”

The Claymore/MAC Global Solar Energy ETF that tracks an index of 25 global solar companies was up $0.84 (3.16%) as of the end of trading.

Dr. Robert Wilder, CEO and Founder of the Wilderhill Clean Energy Index noted, “A couple of fairly different, conflicting factors are impacting solar power right now: in Europe the ongoing demand from Germany plus more recent entrants like Spain are helping push sales globally. On the other hand looking at the domestic picture, a key Federal tax credit for wind and solar that probably should have been passed in the U.S. some months ago has continued to be held up. Here the Bush Administration has opposed allowing the subsidies now given to oil, to instead be switched to renewables. So companies exporting solar panels from low-cost regions like China, to high demand Europe are faring rather well. By contrast the U.S., which once was the global leader in solar power continues to face headwinds with our domestic manufacturers finding better growth in technological innovation areas like thin films. There is some hope however that more favorable State policies, such as in California will begin to be embraced next year in a faster-evolving Federal solar policy at the national level. “

The Wilderhill Clean Energy Index was up $5.08 (2.30%) at the close May 13, 2008.

Tom Djokovich, CEO, of California based XsunX, Inc.(OTCBB: XSNX) reports , “This year we began executing plans developed last year, to build a thin film amorphous solar module manufacturing facility. Recently we secured a 90,000 sq. ft. facility in Portland OR, to house our first 25MW with over $1 million of nearly new manufacturing support infrastructure in place, and we’re working to finalizing several important material supply contracts. While we’ve been working to get our commercial production ready for first quarter 2009 it appears that the industry has begun to take notice of the superior solar absorbing qualities of amorphous silicon. Several other companies have begun announcing their move towards amorphous and I believe that this lends credibility to the path we have taken.”

CEO Ezra Green, provides insight from his solar company with, “At Clear Skies Solar (OTCBB:CSKH) we're seeing an increase in inquiries and business not only from large US Corporations who are looking for ways to minimize utility expenses, but also from countries such as Spain and Greece and developing countries like India seeking viable energy solutions. We are even being approached by commercial farmers trying to reduce their carbon footprints. In addition, with our own internal research and development department, we're also able to keep ahead of the curve in providing innovative technologies for solar energy users. Clear Skies Solar's XTRAX®, which delivers reliable autonomous data readings for solar energy systems around the United States, is just one example of the innovative new products we are bringing to market.”

Clear Skies Solar (OTCBB: CSKH) closed up 14.81 % at market close.

According to solar expert J.Peter Lynch, “Solar Stocks have again surprised the street and beaten estimates, some by a wide margin. I do expect that the industry will see some margin pressures in 2009, but for now solar stocks have regained momentum and are for the most part technically strong.”

“As you can see from the table below. Most of the stocks are above their short- term technical support (50 -day moving average) as well as, their longer term technical support (200 -day moving average). Momentum is strong and they appear to be coming back from their recent correction.”

US Photovoltaic Related Stocks:
*As of Market data May13, 2008

Name Recent Price 50 Day MA 200 Day MA

Akeena Solar, Inc. 5.2 6.658 6.797
Ascent Solar Technologies, Inc. 15.26 14.285 15.146
Canadian Solar Inc. 34.1 23.652 17.026
China Sunergy Company Ltd. 9.94 8.196 9.141
Distributed Energy Systems Corp. 0.44 0.478 0.601
DayStar Technologies Inc. 4.04 3.188 4.09
EMCORE Corporation 6.92 7.425 9.659
Energy Conversion Devices Inc 51.62 31.343 28.395
Evergreen Solar, Inc. 8.21 9.191 10.81
First Solar, Inc. 284.84 249.255 188.353
JA Solar Holdings Co., Ltd 22.1 19.963 17.732
LDK Solar Company Ltd. 37.46 29.619 40.254
ReneSola, Ltd. (United Kingdom) ADR 18.83 13.125 12.733
Solarfun Power Holdings Co. 14.94 12.925 15.319
Spire Corporation 13.71 14.753 15.806
Sunpower Corporation 84.4 78.013 89.574
Suntech Power Holdings 41.6 40.976 50.162
Trina Solar Limited 41.6 36.584 44.772
MEMC Electronic Materials, Inc. 67.44 74.049 70.417
Yingli Green Energy Holding Company Limited 22.58 19.429 24.074

For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.

Featured Showcase Solar Company: Clear Skies Solar, Inc. (OTC BB: CSKH) through its wholly owned subsidiary provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. More info can be found on the Investorideas.com Company Showcase, or the company website at www.clearskiesgroup.com.

Featured Showcase Solar Company: XsunX Inc.(OTCBB: XSNX) is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. More info can be found on the Investorideas.com Company Showcase, or the company website at http://www.xsunx.com/.

Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: XsunX and Clear Skies Holdings compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp

For more information contact:

Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: Investorideas.com, RenewableEnergyStocks.com, XsunX, Clear Skies Solar

XsunX Thin Film Solar Module Manufacturing Facility Sublease Approved and Renovations Underway

XsunX Thin Film Solar Module Manufacturing Facility Sublease Approved and Renovations Underway

ALISO VIEJO, Calif., May 12, 2008 - XsunX, Inc. (OTCBB: XSNX), a solar technology Company engaged in the build-out of its multi-megawatt thin film photovoltaic (TFPV) solar manufacturing facilities, announced today that the sublease of its new manufacturing facilities has been approved by the primary landlord, and that demolition work to remove unnecessary and obstructive infrastructure commenced the week of May 5th.

This demolition work is required to prepare the facility for XsunX improvements specific to its TFPV manufacturing processes. The Company has scheduled demolition to be completed in July with facility improvements scheduled to begin immediately thereafter.

The existing 90,000 square foot building, located in the City of Wood Village just east of Portland, Oregon, provides XsunX with extensive industrial manufacturing infrastructure including multiple clean air management systems, emergency power generation system, over 200 tons of water chilling capabilities, water purification and vacuum systems for substrate cleaning, and extensive air support systems to manage heat produced from TFPV manufacturing operations. XsunX has agreed to purchase these systems for approximately $112,000 along with a host of other industrial apparatus including support equipment such as office, networking, and telecommunications infrastructure.

"We are very pleased with the terms of our equipment purchase agreement and the capabilities of these relatively new systems." commented Mr. Joe Grimes, COO for XsunX. "We are continuing to benefit both financially and logistically from the selection of this manufacturing site. We have been busy moving our plans forward and in April, we completed architectural drawings outlining demolition requirements which received city building approval the week of May 5th. In conjunction, we are preparing our facility improvement plans which are scheduled to be completed by mid June. In an effort to achieve our growth plans, we have begun hiring staff in Oregon to supervise our facility renovations and to meet our staffing needs," concluded Grimes.

XsunX has hired an on-site Facilities Manager who is intimately familiar with the existing facilities and former operations. The Facility Manager will be an invaluable resource in supervising the preparation and subsequent operation of the facility for XsunX's TFPV manufacturing operations. The Company has also hired an on-site Human Resource Specialist to prepare and initiate hiring plans for adding a large number of employees to the XsunX team. The Company has also begun working with local community colleges to establish training programs and plans to announce on-site job fairs as work progresses.

For more information about XsunX, please visit 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.

XsunX, Inc. is a featured Company on RenewableEnergyStocks.com

For full details, click here: http://www.renewableenergystocks.com/CO/XSNX/Default.asp

Source: XsunX, Inc.