XsunX Sees Increase in Sales and Requests for Creative Solar Canopy Designs


Market and Applications for Solar Canopies Rapidly Expanding

ALISO VIEJO, CA , March 27, 2018 (GLOBE NEWSWIRE) -- XsunX, Inc. (OTC:XSNX), a leading solar and energy saving technologies provider, announced today that sales and interest for its popular solar car/truck port configurations are outpacing all other technologies the company offers.

“For some time now, we’ve been telling commercial and industrial customers to start looking at every square foot of land to unlock cash and operating savings using solar canopies.” stated Tom Djokovich, CEO of XsunX, Inc. “It looks like the message is resonating and we are making sales, providing quotes, and working with clients to help solve unique application requirements. We are seeing a definite change in client perception to think outside of the box to solve their power needs.”

While the Company continues to make sales with its cost-efficient standard solar parking canopies and rooftop solar, they were recently selected for a project where its design of a solar canopy overcame the limiting shade conditions of being placed adjacent to tall commercial buildings. This allowed XsunX to add over 88,000 kWh of energy production to the project total – a 27% boost for the customer. 

At another location, the client’s energy needs far outpaced the power production available from the potential of a 780kW rooftop solar system. XsunX has offered the client an additional 195kW of energy production, nearly 350,000 additional kWh per year of solar energy, by utilizing custom solar canopies to overcome difficult site conditions stemming from extreme heavy truck traffic. 

And, working with another group, the company is helping to develop a concept design for massive solar canopies 60 feet in height and collectively covering acres of high truck traffic commercial storage. 

“We see the market for solar canopy applications of all types rapidly expanding,” continued Mr. Djokovich.  “That is why XsunX is continuously focused on delivering results through creative solar canopy designs that often make the difference necessary for the economic feasibility of a project,” concluded Mr. Djokovich. 

About XsunX: 

XsunX specializes in the sale, design, and installation of solar photovoltaic power generation (PV), energy storage, and energy efficiency technologies to provide our clients long term savings, predictability, and control of their energy costs. Making solar energy a sound investment for our clients is our mission.

For more information, please visit the Company's website at www.xsunx.com, or to learn more about the benefits of solar energy for your business or home schedule a free PV project assessment.

Safe Harbor Statement: Matters discussed in this release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts included in this press release are forward-looking statements. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. These statements relate to future events or to the Company's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Such risks, uncertainties and other factors, which could impact the Company and the forward-looking statements contained herein, are included in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.


            

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