ALISO VIEJO, Calif., April 27, 2004 (PRIMEZONE) -- XsunX (OTCBB:XSNX): XsunX, Inc., developers of innovative transparent photovoltaic technologies that convert light into electrical energy, announced that it has developed working prototypes of its solar electric vision glass. The working models maintain a high degree of transparency allowing light to enter into buildings while still allowing occupants to easily see out.
This development moves XsunX closer to its goal of establishing a viable process for converting today's commercial structures, and their vast areas of modern architectural glass, into virtual power plants. The company believes that its transparent thin-film glazing may eventually provide one of the more efficient and practical means of producing electricity on-site, directly from the sun in the form of a building's vision glass.
"These first working models provide the basis for converting up to six percent of the sun's energy striking a window into usable electricity and we anticipate that the continued refinement of our processes coupled with a broader range of transmittance filtering factors will yield even greater conversion rates," stated Tom Djokovich, CEO of XsunX, Inc. "We are very excited about our progress to date and our initial results and conversion rates bode well for the future success of our window-integrated approach to commercially viable alternative energy sources."
The company's management is currently developing plans for a number of testing and development processes that must be completed prior to offering licensing opportunities for its solar electric glazing processes and anticipates offering beta product testing and development relationships to various manufactures later this year.
ABOUT XSUNX
Based in Aliso Viejo, California, XsunX is developing its patented process to produce solar electric vision glass. 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 patented 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
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