DALLAS, Feb. 4 /PRNewswire/ -- New research update has been issued on XSunX Inc. (BULLETIN BOARD: XSNX) by Beacon Equity Research Analyst, Lisa Springer, CFA.
The full report is available at http://www.beaconequity.com/
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In the report, the analyst writes, "XsunX, Inc. was created in 2003 to develop and commercialize advanced, thin-film photovoltaic (TFPV) solar cell technologies and manufacturing processes. During 2007, the Company shifted its business focus from technology licensing to producing and marketing thin-film, amorphous solar modules.
The Company has begun work on a multi-megawatt solar module production facility in the US and has commissioned a baseline production system expected to come on-line in early 2008. This baseline system will serve as the blueprint for a 25 megawatt (MW) system expected to commence commercial solar module production by year-end 2008. The Company anticipates expanding its annualized solar module manufacturing capacity to 100 MW by early 2010."
Beacon Equity Research Disclosure
The analysts contributing to this report do not hold any shares of XSunX Inc. (XSNX) Additionally the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research ("Beacon") certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. Beacon Equity Research and its affiliates have been directly compensated a total of nineteen thousand dollars from a non-controlling third party for enrollment of XSNX in its research program and other services. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.
Beacon Equity Research
Jeff Bishop, (469)-252-3505
Reuben Sushman of Beacon Equity Research is a member of the National Association of Securities Dealers, CRD number 1755680.
Available Topic Expert(s): For information on the listed expert(s), click appropriate link. JEFF BISHOP http://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=70781
