XsunX Sees Growth in Solar Canopy, Energy Storage, and EV

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News Desk 2018
26
XsunX Sees Growth in Solar Canopy, Energy Storage, and EV Charging Solutions Sales Interest

ALISO VIEJO, CA--(Marketwired - Aug 15, 2017) - XsunX, Inc. ( OTC PINK : XSNX ), a leading solar and energy saving technologies provider, announced today that sales interest in its popular solar car/truck port, energy storage, and EV charging configurations now outpace all other product offerings.

"Earlier this year, we outlined our anticipation that a sizable portion of our revenue growth will come from the sale of our solar car/truck port systems along with energy storage technologies," stated Tom Djokovich, CEO of XsunX, Inc. "Today our solar car/truck port systems make up approximately 70% of the over $3.4 million in our current project bid channel and clients routinely request energy storage and/or EV charging solutions to be included in approximately half of all project's we quote."

This advanced level of paired energy production, management, and use sophistication seems to be evolving as the driving force for XsunX's trajectory. The use of solar canopies that provide clients with the ability to utilize previously underutilized facilities such as parking areas, storage, or loading docks, combined with intelligent energy storage and EV charging further underscores the value of the Company's offerings through the ability to meet a full range of client needs.

"We believe the numbers in our growing sales, and sales channel, underscore the value of investments we made early on in developing this turn-key product group, and we look forward to capitalizing on the market interest in these hybrid 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: Tom Djokovich President and CEO 888-797-4527 email: info@xsunx.com

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