SANTA MONICA, Calif., Sept. 25, 2003 (PRIMEZONE) -- XsunX-Sun River (OTCBB:SUNR) announced today that the company's new website is up and running at www.XsunX.com. The site provides insight into the company's technology and lays out the strategy for development and sale of its breakthrough technology to produce solar electric glass.
Discussing the new site, the company's President and CEO, Brian Altounian, stated: "Our new website provides our prospective customers, partners, and investors with the information they need to understand the benefits of our proprietary process that will allow manufacturers to inexpensively apply a transparent and photovoltaic glazing to glass. 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 solar electric glass technology has a number of major market opportunities in the multi-billion dollar international architectural glass markets. The architectural limiting aspects of current photovoltaic technologies may soon disappear as XsunX glazing turns commercial and residential structures, and their vast areas of modern architectural glass, into virtual power plants. The resulting electrical power generated could be used to run building systems.
About XsunX
Based in Santa Monica, California, XsunX is the provider of a breakthrough technology to produce solar electric glass. XsunX believes that the power of the sun can be used to supply a substantial portion of the world's future energy needs. Photovoltaic elements can be integrated directly into buildings. These systems can convert sunlight into electricity and integrate with the energy use and structure of buildings as window systems. Visit the Company's website for more information: 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.