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XsunX Licensed Process Completes Successful Test and Winland Electronics, Inc. Announces Record Revenue of $29.1 Million and Earnings of $0.57 per Sha

17 March 2006

Alternative energy industry new provided by Financial News USA (OTC: FNWU) XsunX, Inc. (OTC BB: XSNX), 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, announced today that a patented reel-to-reel thin film manufacturing system, under license to XsunX, was used to successfully complete production of amorphous thin film silicon samples on rolls of plastic film. The sample film was produced using a development scale machine and the results of this process will be incorporated into the Company's first commercial scale system currently under construction. Winland Electronics, Inc. (Amex: WEX), a leading designer and manufacturer of custom electronic control products and systems, announced today financial results for the fourth quarter and full-year ended December 31, 2005. Revenues for the fourth quarter were a record $7.6 million, an increase of 15.1 percent compared to the $6.6 million reported for the fourth quarter of fiscal 2004 and up 2.7 percent sequentially compared to the $7.4 million reported for the third quarter of fiscal 2005. The increase in sales for the quarter was driven by sales of the Company's proprietary products and new product line items integrated from original equipment manufacture (OEM) customers during 2005.


Power Air Corporation (OTCBB: PWAC), an alternative fuel technology company, announced today that OTC Financial Network, a division of National Financial Communications Corp., has issued an InvestorFacts report on the Company. The detailed publication includes a profile of the Company's proprietary energy solutions, future growth strategies and investment considerations. Interested parties can view the report online at http://www.otcfn.com/pwac/report.html or call 781-444-6100 ext. 629 for reprints. Shares of Energy Conversion Devices Inc. (Nasdaq: ENER), a maker of rechargeable batteries and solar panels, climbed on Monday after several analysts initiated coverage of the firm with "Buy" ratings. Sanjay Shrestha, an analyst at First Albany Capital, initiated the "Buy" rating with a 12 month to 18 month target price of $60. He said the company has "an impeccable track record of 50-plus years of innovation, coupled with a strong focus on execution and profitability."


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