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8-K - NovAccess Global Inc. | v205802_8-k.htm |
Letter
to Shareholders
Technology
Development Progress Update
Date:
12/14/2010
To Our
Valued Shareholders,
This week
we're pleased to share updates associated with the development of an important
component of our process - the thermal co-evaporation crucibles. In our previous
newsletter of November 30th we
outlined that our Chief Technology Officer (CTO), Mr. Robert G. Wendt, had
developed a revised thermal co-evaporation systems idea approaching this process
in a vastly simplified and more robust manner. Aspects to this new idea helped
lead to our rapid high efficiency results.
To
provide some background as a primer crucibles are similar to pots with lids that
contain copper, indium, gallium or selenium (CIGS). As these metals are
heated past the melting point, a nozzle or vent in the crucible allows the
vaporizing metal to escape and mix with the other vaporized metal gases and form
the CIGS layer on the stainless steel substrates used in our proprietary
process. How this process occurs and the ability to control it has challenged
the CIGS industry.
Our
crucible design employs the use of new material types and heating techniques
stemming from our CTO's many years of co-evaporation experience and successes.
We believe these designs offer the ability to improve all aspects of heating and
controlling critical deposition temperatures that in-turn provide the foundation
for thermal uniformity and exacting control of the metals being vaporized and
deposited. You may recall from previous newsletters, this is a critical aspect
to eliminating variables associated with the evaporation of the metals used in
our process, and will ultimately lead us to superior conversion efficiency
levels in our production systems.
CTO
Robert Wendt explains, "Uniformity and composition of the evaporated metals used
to create the CIGS layer is a critical aspect to achieving high performance
CIGS. Crucial to achieving uniformity and composition of the CIGS layer requires
controlling the extreme heat conditions throughout the entire pool of the liquid
metals. Temperatures required to evaporate copper, for example, exceed the
melting temperature for steel. Our small area processing technique
reduces, to a substantial degree, the difficulty of producing high-quality and
uniform CIGS films. We believe that our thermal evaporation crucible, and
heater design nozzle configuration provides the next step in technological
improvement necessary to tap the higher conversion efficiencies that CIGS has to
offer."
Additionally,
the new crucible design improves durability and the ease of maintenance when the
metals are depleted and the crucibles have to be cleaned and re-filled. This
aspect we believe will help to underscore the robust nature of our commercial
system design.
Thank you
for your continued support of our company. As we make progress, we look forward
to reporting back to you. As always, if you have any questions in the
meantime, please contact our Investor Relations desk at investors@xsunx.com
or (888) 797-4527.
Sincerely,
Joe
Grimes, President, XsunX, Inc.
Safe Harbor
Statement: Matters discussed in this shareholder newsletter contain
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. When used in this shareholder newsletter, 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