XsunX Ending 2018 with Multiple Projects in Its Design and Construction Portfolio


Company Sees Project Flow Steadily Increase as Interest from Commercial Facilities Continues to Grow  

ALISO VIEJO, CA, Nov. 13, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- XsunX, Inc. (OTC: XSNX), a leading solar and energy saving technologies provider, today announced that the Company is enjoying a strong end to 2018 with multiple commercial rooftops, and 33 carports underway.

The Company recently outlined how the California utility rate increase, which is scheduled to go into effect in March of 2019, has resulted in an increase of commercial system quote requests being fielded by XsunX. Because of the overall interest, the Company has also seen an increase in project starts in its year end project portfolio.

“We have always felt that with our development of expertise in servicing the commercial and industrial sector with multiple technologies offered us the greatest future growth potential,” stated Tom Djokovich, CEO of XsunX, Inc.  “So, as the cost for utility provided electrical power has soared, it appears that an increasing number of businesses are getting serious about investing in energy saving technologies and, are turning to XsunX for solutions,” concluded Mr. Djokovich.

About XsunX:  XsunX specializes in the sale, design, and installation of solar photovoltaic power generation (PV), energy storage, and energy efficiency technologies to provide our clients long term savings, predictability, and control of their energy costs. Making solar energy a sound investment for our clients is our mission.

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. 


            

Contact Data