Friday, January 18, 2008

XsunX Solar Module Pre-Sales Reservation Program Gains Additional 36 Mega Watts in Commitments

Friday January 18, 2:52 pm ET

ALISO VIEJO, Calif., Jan. 18 /PRNewswire-FirstCall/ -- XsunX, Inc. (OTC BB: XSNX.OB), a solar technology Company preparing to launch the build-out of its planned 100 mega watt thin film photovoltaic (TFPV) solar module manufacturing facilities, announced today that it has recently signed an additional 36 mega watts of module purchase commitments into its Solar Module Pre-Sales Reservation Program, bringing total reservations to approximately 145 mega watts for delivery over the 2009, 2010 and 2011 production years.

XsunX's Solar Module Reservation Program allows solar system integrators, installers, green field operators, and utilities to specify the amount of solar module capacity they plan to purchase at favorable pricing. "We are pleased with the interest in and results of our pre-sales reservation program," stated XsunX CEO Tom Djokovich. "We are working hard to establish our manufacturing facilities, and to begin production in order to fulfill our module reservations," he added.

Solar system integrators and others interested in discussing opportunities to reserve pre-production module commitments please contact XsunX sales at pre-sales@xsunx.com.

About XsunXB

ased in Aliso Viejo, Calif., XsunX is developing and commercializing new thin film photovoltaic (TFPV) solar cell technologies and manufacturing processes to service expanding global energy demands. The Company has made plans to build a multi-megawatt solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, XsunX plans to grow its capacities to 100 megawatts. The Company is working to complete site selection, and reviewing appropriate financing opportunities for the capital costs associated with the build out of the proposed new facilities.

Contact:
For XsunX, Inc. Investor Relations
Tel: (888) 797-4527

For XsunX, Inc. Media Relations
Victoria Kaloper (949) 330-8065
Web site: 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.

For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Orlando, FL 32751, (800) 733-2447,
Fax: (407) 644-0758, info@redchip.com

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