News 3.3.08

(PR NEWSWIRE) XsunX Narrows Oregon Facility Site Selection
XsunX Narrows Oregon Facility Site Selection

ALISO VIEJO, Calif., March 3 /PRNewswire-FirstCall/ -- XsunX, Inc.
(OTC Bulletin Board: XSNX), provided an update on the status of their facility
selection and preparation of manufacturing operations in Oregon, USA.
In preparation for the establishment of its thin film solar module
manufacturing facility, XsunX has been engaged in a detailed search for an
appropriate building. The Company has narrowed its selection to two suitable
buildings and has engaged facility and manufacturing system design teams to
evaluate each building. Work currently being performed by the XsunX staff and
design teams includes evaluation of existing on-site support systems,
manufacturing floor plan usability studies, and facility improvement cost
analysis.
"We are working to finalize these efforts so that we may complete our
lease negotiations as soon as possible," stated Mr. Joe Grimes, COO for XsunX.
"As we have previously announced, our plan is still to secure a building to
house our thin film solar module manufacturing systems by the end of March and
that's what our team is working diligently to accomplish."
The Company is engaged in several parallel efforts to establish its
planned thin film solar module manufacturing capabilities. In addition to
current efforts to finalize a manufacturing facility lease, the Company has
also begun placing orders for the major system components necessary to build
its planned solar module manufacturing line. To date, orders have been placed
for plasma deposition systems, sputtering systems, and lasers systems.
These major components, along with other minor subsystems, are scheduled
to begin arriving later this year. In preparation for the arrival of its
systems, XsunX has planned to secure a manufacturing facility by the end of
March, if not earlier, and begin facility improvements in the May/June period.
XsunX believes this milestone will provide ample time for facility
improvements including electrical, gas, plumbing, and other systems necessary
to support its manufacturing lines.
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.
SOURCE XsunX, Inc.


Contact Information:
Investor Relations of XsunX, 1-888-797-4527  

XSUNX INC. REGISTERED SHARES O.N.·X1X·Frankfurt
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