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Energy Costs and Environmental Concerns Spark Greater Adoption
POINT ROBERTS, WA and DELTA, BC -- (MARKET WIRE) -- 08/01/06 -- www.EnvironmentStocks.com (ES) and www.RenewableEnergyStocks.com?? (RES), investor and industry news portals for the environmental and clean energy sector, review the green building arena in "Green Building Goes Mainstream as Energy Costs and Environmental Concerns Spark Greater Adoption." Green building has moved mainstream as the demand for the utilization of construction products, materials, and techniques that minimize waste, improve air and water quality, increase energy efficiency and protect the environment, grows.
Working to meet the increasing need for environmentally friendly construction and energy production are companies such as XsunX, Inc, and Aloca Inc. with their focus on integrated solar technologies, in addition to efforts by home builder Centex Corporation and International Barrier, a developer of environmental friendly fire resistant building materials.
According to a recent survey conducted by McGraw-Hill Construction/National Association of Home Builders (NAHB) the residential green building market is anticipated to grow from $19 billion from 2005 to $38 billion by 2010.
Taryn Holowka, Communications Manager, for the U.S. Green Building Council explains, "People are seeing gas, energy and electricity prices rising, and one way to combat that is through green building practices."
According to Dr. Michael Huddy, President & CEO of International Barrier Technology, Inc. (OTCBB: IBTGF) (TSX-V: IBH), "A big part of the green movement stems from the media which is much more attuned to issues as they interface environmental issues with health. Our customers are coming to us as they not only seek environmentally friendly building materials, but also as they are steering away from products that may prove to be hazardous down the road."
As a major player in the homebuilder space Centex Corp. (NYSE: CTX) implements a variety of measures, many things as a matter of standard that brings a home close to certification. According to the Company, "For the most part, we are 75% in line with the green certification standards on most of our homes. In addition, we continue to look into costs associated with green products such as Low Voc and No Voc finishes, alternate attic insulation techniques, use of recycled materials, and other green products."
Building Integrated Photovoltaics (BIPV) is a growing segment of the green building industry. Tom Djokovich, CEO of XsunX, Inc. (OTCBB: XSNX) describes, "What architects, builders, and building material manufacturers need are technologies and products that allow them to integrate solar power production capabilities into materials as seamlessly as possible. We are focused on the development of thin film photovoltaic 'TFPV' designs that provide light weight, flexible structures that can be integrated into building products and become part of the surface of the building."
Alcoa Inc.'s (NYSE: AA) global Building and Construction Systems business unit, has developed an integrated BIPV sunshade product called 1600 PowerShade?? that generates solar power while also providing an optimal level of shade, according to the Company. This leads to energy conservation and an overall reduction of building costs.
To Read "Green Building Goes Mainstream as Energy Costs and Environmental Concerns Spark Greater Adoption" in Full Click Here: http://www.environmentstocks.com/Articles/080106b.asp
EnvironmentStocks.com and RenewableEnergyStocks.com(TM), investor and industry news portals within the InvestorIdeas.com content umbrella, do not make recommendations, but offer unique free information portals to research news, exclusive articles and columns, audio interviews, blogs and investor conferences for the environmental and clean energy sector.
RenewableEnergystocks.com(TM) also created "The Ultimate Green Tech Investor Virtual Stock Trading Contest" -- (register now at www.greentechinvestor.com) giving investors a chance to win a ZAP electric car or electric scooter as well as gain a valuable education on green technology.
Visit our growing list of participating public companies in the environmental sector: www.environmentstocks.com/Enviro_Stocks/Stock_List.asp and the renewable energy industry: www.renewableenergystocks.com/Companies/...ableEnergy/Stock_List.asp.
RenewableEnergyStocks.com is also available in German and Chinese.
Featured Clean Tech Sponsors: (The ES and RES portals are compensated by Barrier and XsunX as disclosed in disclaimer below)
International Barrier Technology, Inc. ("Barrier") (OTCBB: IBTGF) (TSX-V: IBH) For More Info: www.environmentstocks.com/Companies/IntlBarrier/Default.asp or www.intlbarrier.com.
XsunX, Inc. (OTCBB: XSNX) For More Info: http://www.renewableenergystocks.com/CO/XSNX/Default.asp or www.xsunx.com
InvestorIdeas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp. Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. These sites are currently compensated by its "featured companies." International Barrier Technology, Inc. (OTCBB: IBTGF): Three thousand per month and 100,000 options. XsunX, Inc. (OTCBB: XSNX), Three thousand five hundred dollars per month and two thousand equivalent in one forty-four shares.
For more information contact:
Dawn Van Zant
800.665.0411
Email Contact
Ann-Marie Fleming
866.725.2554
Email Contact
Web Site: www.EnvironmentStocks.com
Tuesday August 8, 7:03 am ET
ALISO VIEJO, Calif., Aug. 8, 2006 (PRIMEZONE) -- XsunX, Inc. (OTC BB:XSNX.OB - News), provider of technologies for solar energy infrastructure and developer of Power Glass(tm), an innovative thin-film solar technology that is intended to allow glass windows to produce electricity from the power of the sun, today provided results of operations for the quarter ended June 30, 2006. The report provides a comparative analysis for the operations over the first nine months of operations in 2006 compared to the same period in 2005.
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The Company's CEO, Mr. Tom Djokovich, offered these comments in respect to the report, ``Our success in securing over $8 million dollars in financing this year has allowed us to increase our commitment to the development of marketable products and business development infrastructure. We've more than doubled our efforts increasing R&D commitments by 255% over the same period in 2005, and significantly added to our tangible assets with the addition of a $1.7 million dollar patented hybrid manufacturing system.''
Mr. Djokovich further added, ``Of particular interest to our shareholders may be our success in the reduction of debt and the increase to shareholder equity. This year we've been able to reduce our secured debt by $4.85 million dollars leaving a principal balance of secured debt at just $1 million and, for the first time, provide shareholders with a positive working capital balance of over $2.3 million dollars and over $5 million dollars in cash at the end of the period.''
Commenting on the increased development and infrastructure expenditures, Mr. Djokovich noted, ``In doubling our efforts to get our first products to market and successfully transition into sales, we've also increased expenditures resulting in overall increased losses for this period compared to the same period in 2005. What I believe is important to note though is that, as a company focused on the delivery of new energy technologies, there will always be the need for a commitment to invest in innovation.''
``And to the aforementioned point,'' continued Mr. Djokovich, ``the costs associated with the development of our first products may tally up on the deficit side of our financial statements, but there's really no free ride when it comes to building a company from the ground up. The investments we're making in product development, manufacturing systems, facilities, and business infrastructure have focused on building a company to service an important part of the growing need for clean renewable sources of energy.''
About XsunX
Based in Aliso Viejo, Calif., XsunX is developing and commercializing innovative new thin film photovoltaic (TFPV) solar cell technologies and manufacturing processes to service expanding global energy demands. The Company has focused its efforts on lowering the cost per watt of solar power and making solar cell technology easier to use in a wide variety of applications. XsunX calls this dual improvement to cost and efficiency the XFactor(tm). The XFactor delivers licensee's solar cell designs that break the bounds of crystalline silicon dependency, rigid and limited-use form factors, and rapid efficiency loss. Equally important, the XFactor provides new manufacturing techniques that can significantly lower production costs and allow for easier additions to production capacities and technology upgrades without having to re-build and re-tool. Together, XsunX design and production innovations offer manufacturers of solar products exciting new application opportunities and reductions to the cost per watt of solar power. More information can be found at the Company's website: http://www.XsunX.com.
Safe Harbor Statement: Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words ``anticipate,'' ``believe,'' ``estimate,'' ``may,'' ``intend,'' ``expect'' and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company with the U.S. Securities and Exchange Commission.
hab erst vor kurzem von diesem Unternehmen gehört und würd mal gern wissen was diesen großen Kurssturz im Feb. ausgelöst hat?
ich find die Idee des Unternehmens super aber die fundamentalen Daten überzeugen mich noch nicht so richtig.
Diese Frage richtet sich an alle, vielleicht kann mir ja jemand weiterhelfen
Also das im Februar würde ich mal als "normalen" Rückgang ansehen, schließlich kommt die Aktie von rund 20 cent, da werden dann auch mal Gewinne mitgenommen!
Der Rückgang seit Mitte März wiederum war m.E. die Erkenntnis bei einigen Leuten, daß bei xsunx zuviel Fantasie den Kurs beflügelt hat. Da haben einige Leute wohl realisiert, daß xsunx ja noch gar nicht produziert.
Soviel von meiner Seite aus!
Hat jemand genauere Infos wann sie beginnen zu produzieren? Anscheinend haben sie ja schon begonnen Fertigungshallen zu bauen.
3 Nutzer wurden vom Verfasser von der Diskussion ausgeschlossen: BigSpender, tater, Naggamol