May 28 -
XsunX Announces Agreement with Newport Corporation as Its Laser Subsystems Supplier
Newport to Supply Key Laser Subsystems for the XsunX Solar Module Production Line
XsunX, Inc. (OTCBB: XSNX), a solar technology company engaged in the build-out of its multi-megawatt solar module manufacturing facility, announced that it has expanded its existing two-year relationship with Newport Corporation (NASD: NEWP) by selecting Newport as its preferred supplier for laser and motion subsystems for its integrated Thin Film Photovoltaic (PV) manufacturing line. These products are used to create monolithically interconnected cells on the solar panels and to laser scribe bar codes on the panels for quality control purposes.
Newport Corporation is a leading global supplier of advanced photonics technologies to customers in a wide range of industries. The company has developed innovative solutions for the automated manufacturing of solar cells that leverage its expertise in high-power lasers, precision positioning systems, vibration isolation and optical subsystems to enhance the speed and precision of the solar cell manufacturing process.
"We are pleased that XsunX has chosen us as their preferred supplier for lasers and precision motion subsystems, which play a key role in enabling high-precision, high-volume and low cost manufacture of thin film solar panels," stated Robert J. Phillippy, President and CEO of Newport. "We believe that XsunX's selection of Newport is a further validation of our ability to provide value-added solutions to our photovoltaic customers."
"Our relationship with Newport and their Spectra-Physics Lasers Division dates back to when they provided us with assistance in developing techniques for laser scribing of plastic substrates," stated Mr. Tom Djokovich, CEO of XsunX. "When XsunX migrated to designing a glass substrate module, Newport continued to provide support and problem solving expertise. Automating cell integration using lasers gives thin film an enormous economy of scale over crystalline. We are pleased to be working with a globally-recognized leader in the buildout of our multi-megawatt thin film photovoltaic solar manufacturing facility," concluded Djokovich.
For more information about XsunX, visit www.XsunX.com.
May 28 - General Automotive Company Rated 'Speculative Buy,' Target Price $1.63 by Beacon Equity Research
General Automotive Company (OTCBB: GNAU) has been rated Speculative Buy with a price target of $1.63 by Beacon Equity Research Analyst, Victor Sula, Ph.D.
In the report, the analyst writes, "Acquisitions are a key element of GNAU's strategy. The Company seeks to identify well-managed, niche-oriented companies with strong national or international distribution and supply chains that manufacture high-value-added automotive components. According to management, GNAU has already identified several acquisition targets with annual sales in a $20 million to $50 million range. Assuming some or all of these acquisitions close, GNAU will likely achieve its goal of $100 million in sales by 2010."
May 27 -
Copper King Mining Corporation Provides Project Updates
Copper King Mining Corporation (OTC: CPRK), an ore mining, processing, and exploration company located in Southern Utah, announced further updates concerning its mining and processing operations near Milford, Utah.
Copper King announced today that the Flotation’s Mill’s prime electrical contractor, A&F Electric of Milford, Utah, commenced electrical wiring in the Mill by installing high efficiency electric overhead lights and associated wiring. Bruno Engineering provided the design and the electrical engineering for the Mill’s substation and adjacent buildings. Toshiba Corporation provided the design and engineering for the high tech, cutting edge computerized Mill control system that will operate the Mill’s entire operations circuit. Completion is scheduled for late summer 2008.
May 22 - Detroit Red Wing Pavel Datsyuk Scores for NeXplore
Datsyuk Joins NeXplore Advisory Board, Serves as Spokesperson
NeXplore Corporation (OTC: NXPC) announced that Russian-born hockey phenom and acclaimed center for the Detroit Red Wings Pavel Datsyuk will serve as a spokesperson to help drive adoption of NeXplore Search, an innovative Web 2.0 search destination optimized for a superior end-user experience, rich-media display and social network integration. NeXplore Search is currently in public beta at www.NeXplore.com.
"NeXplore Search is fun and easy to use," said Datsyuk. "I'm proud to be part of the NeXplore team. Hockey fans will love NeXplore. It is easy to find and save video highlights of their favorite players. More pictures and videos help you to find what you're looking for fast."
"The excitement when Pavel steps on the ice is palpable. His energy and passion are electric, contagious. He fires up hockey fans and teammates alike whenever he has the puck. He is a world-class athlete — renowned as much for his awe-inspiring play as he is for his good sportsmanship. Pavel Datsyuk is a welcome and great addition to the NeXplore team," said Edward Mandel, chief executive officer of NeXplore Corporation.
Scott Grizzle, chief marketing officer for NeXplore Corporation, said, "We are aggressively targeting sports enthusiasts during phase one of the NeXplore Search public beta rollout. We believe sports fans will share a natural affinity with and appreciation for the great performance and exciting, visually rich experience NeXplore Search offers. Sports fans are passionate, and we believe, have a strong influence on their peers. Once they give NeXplore Search a try, we're confident they'll help us spread the word."
Grizzle added, "Pavel Datsyuk personifies characteristics NeXplore operates by on a daily basis — speed, excitement, and an unrelenting drive to be the best. He is a class act on and off the ice, and we are thrilled to have him on board."
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