SOURCE: XsunX, Inc.

XsunX, Inc.

April 05, 2016 09:15 ET

XsunX, Inc. Builds Growing Presence in California as Latest Commercial Solar Project Is Commissioned

Company Stands at the Forefront of a Growing Sector in the Renewable Energy Market That Provides Solutions Unhindered by Common Logistical Challenges Associated With Traditional Roof-Top Applications

ALISO VIEJO, CA--(Marketwired - Apr 5, 2016) - XsunX, Inc. (OTC PINK: XSNX), a leading solar and energy saving technologies provider, today announced that the Company has concluded the construction of another large state-of-the-art commercial solar power system. The latest, a 157 Kilowatt Solar Carport Installation in Anaheim, California, is capable of delivering over $1 million in projected energy savings in its first 25-years of operation. 

The project, which was installed in Anaheim to service a multi-tenant commercial office space, will significantly reduce the facility's operating costs by nearly $30,000 in the 1st year alone. Yearly savings will continue to increase to nearly $40,000 by the 10th year, while adding to the property's aesthetics and value.

"We are very pleased with this latest installation. The robust solar carport application will provide our client with many years of clean energy and pay for itself in just over four years," stated Tom Djokovich, CEO of XsunX. He concluded: "Solar carports are one of the better investments commercial property owners can make. And, with our ability to offer solar carports at nearly the same costs as roof-top solar, we help turn parking areas into profitable assets allowing our clients to never look at their parking areas the same way again."

XsunX's turn-key solar carport solutions, in addition to improving parking area aesthetics, enable clients to convert parking areas into valuable solar power plants capable of reducing facility operating costs and increasing net operating margins and property values while delivering thousands in valuable Federal tax credits.

The company stands at the forefront of a growing sector in the renewable energy market that provides solutions unhindered by common logistical challenges associated with traditional roof-top applications. XsunX continues to develop its strategy to market to a broad range of customers including school, government, and commercial organizations where it believes it can favorably compete. 

About XsunX: XsunX specializes in the sale, design, and installation of solar photovoltaic power generation (PV), and energy saving technologies that provide our clients long term savings, predictability, and control of their energy costs. We install thousands of solar panels each year offering residential and commercial clients solar roof-top and carport system design and installation, battery back-up, LED lighting upgrades, and technologies to help with consumption tracking and control. We guide our performance by striving to keep the customer's best interests at the forefront at all times and delivering value through a focus on performance and follow-through that meets or exceeds customer expectations. The products and technologies we offer do not just meet industry standards, but lead the industry in innovation, reliability, and value.

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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