(Source: PRNewswire)ALISO VIEJO, Calif., July 14 /PRNewswire-FirstCall/ -- XsunX, Inc. (OTC Bulletin Board: XSNX), an established solar company, today announced that it is developing a breakthrough thin-film photovoltaic (TFPV) cross-industry technology that may soon utilize the excess manufacturing capacity of the mature hard disc drive (HDD) industry to mass produce high efficiency, low cost solar cells to truly capture the power of the sun.

Mr. Joseph Grimes, XsunX's President, stated, "XsunX is excited to announce its expanded plan for development. The breakthrough thin- film opportunity, which is described at our new web site www.xsunx.com, was developed from an initial idea last fall and has matured to a reality today. We are working rapidly with our strategic partners to commercialize this cross-industry technology. We believe that this breakthrough can overcome current solar technology manufacturing limitations and revolutionize the solar industry."

Current techniques for the production of solar cells based on the use of Copper Indium Gallium (di) Selenide (CIGS) thin films, a solar technology that holds the record for thin film efficiencies at nearly 20%, do not leverage stationary, small area, high rate, production technologies that allow for the precise control of thin film properties. Development and production of CIGS, and many other thin films, have focused on the use of large area substrates or continuous moving roll-to-roll deposition methods that result in lower efficiencies.

XsunX's revolutionary manufacturing method combines the higher cell efficiencies that can be achieved through small area processing techniques, approximately 5" square wafers, with the high rate processing techniques developed within the hard disc media industry. We believe that through the successful combination of these techniques, overall factory yields (total watts of production per day) will be increased resulting in lower production costs while still delivering the full energy and low cost potential that CIGS based devices offer.

These wafers, on stainless steel, are similar in size to silicon wafers used in nearly all solar modules manufactured today. High efficiency flexible CIGS solar cells provide an immense opportunity for use in multiple market segments. XsunX envisions these thin film wafers as the solar building blocks for a wide variety of applications including:

-- Replacing Existing Silicon Wafers: A virtual drop in replacement for the

costly and unpredictable silicon wafer costs. This is a vast market

opportunity to replace aging technology.