Laser Acquisition for Solar Glass Development

Date: 15 August 2005

XsunX announced plans to expand R&D capabilities through the addition of new laser development equipment, necessary in the development of key licensable manufacturing techniques.

This is part of the company's ongoing effort to commercialize its Power Glass technology, an approach that integrates photovoltaics in glass windows.

"The addition of our new laser equipment will be instrumental in this next stage of our development program,'' said Arun Madan, Chairman of XsunX's Scientific Advisory Board. "We attempted to work with other facilities in this next stage of process development, but quickly determined that to ensure performance characteristics of our solar film, we needed to bring this phase of development in-house. Over the next month we plan to complete the installation of the laser and move as rapidly as possible into developing key manufacturing techniques as we work to finalize a licensable process.''

The company has been working simultaneously both in the development of its transparent solar cell structure on thin film plastics and in commercially viable manufacturing processes.

Its proprietary process is intended to allow manufacturers to apply a transparent and photovoltaic glazing to glass and other transparent substrates. When XsunX glazing is exposed to light, the light energy is converted into electrical energy for use as a power source. XsunX believes that its solar electric glazing technology offers opportunities in the architectural glass, optical film and plastics markets.

600450 Laser Acquisition for Solar Glass Development glassonweb.com

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