Solar Stock XsunX, Inc. (OTCQB: XSNX) Update: New Marketing Efforts Showing Positive Early Results
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New York, NY, Point Roberts, WA - August 20, 2013 (Investorideas.com renewable energy newswire) Investorideas.com, an investor research portal specializing in investing ideas in leading sectors including renewable energy stocks, issues a corporate and shareholder update for solar stock, XsunX, Inc. (OTCQB: XSNX), entitled "New Marketing Efforts Showing Positive Early Results ".
Tom M. Djokovich, CEO of XsunX, Inc. (OTCQB: XSNX), a company working to commercialize a new manufacturing process to produce low cost, high efficiency thin-film Copper Indium Gallium (di) Selenide (CIGS) thin film solar cells, said to shareholders on August 15 th :
"In last week's update, we outlined how XsunX is expanding our marketing and sales efforts by adding solar business solutions to our service offerings. The goal is to adapt to changing market conditions and make it easier for customers to say "yes".
The good news is that our target audience understood the message and we have already received inquiries. We have begun discussions with customers responding to our expanded service offerings. Although this is just the beginning, we are off to a good start and we plan to keep the focus on these emerging opportunities. The goal is to increase the number of opportunities in our sales pipeline and to start closing deals as soon as possible.
So "why are we expanding our marketing vision?" Because the solar market was turned on its head over the last few years and the next wave of solar investors are both customers and investors in solar opportunities who are looking for more than just a single piece of a technology puzzle. Many of the customers we have spoken to have new business models and they are looking to fill needs in their markets pragmatically.
The purpose of our solar service additions is to adapt to customers' needs, make it easier for them to do business with us, and to offer a broader range of services and products attractive to new customers with the goal of making sales.
So far, early results are very positive and we are working on more ways to broaden our revenue possibilities.”
XsunX, Inc. is working to commercialize a new manufacturing process to produce low cost, high efficiency thin-film Copper Indium Gallium (di) Selenide (CIGS) thin film solar cells. Our patent-pending processing technology, which we call CIGSolar®, focuses on the mass production of thin-film CIGS solar cells utilizing a proprietary multi-area thermal deposition process to minimize processing defects to create highly uniform CIGS films. These cells match silicon solar cell dimensions and can be offered as a non-toxic, high-efficiency and lowest-cost alternative to the use of silicon solar cells. The company is offering licenses for the use of the CIGSolar® process technology, and plans to generate revenue through licensing fees and manufacturing royalties for the use of the CIGSolar® technology.
For more information please call XsunX at 888-797-4527, or visit the company's website at www.xsunx.com
Safe Harbor Statement: Matters discussed in this shareholder newsletter contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this shareholder newsletter, 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.
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