Genesis Electronics Explores Development of Solar Re-Chargeable Batteries
07 Octobre 2010 - 3:34PM
Marketwired
Genesis Electronics Group, Inc. (OTCBB: GEGI),
www.genesiselectronicsgroup.com, announced that it has initiated
steps for the development of solar rechargeable batteries in
commonly used standard sizes such as AA, AAA, C, D, 9V, as well as
other specialized sizes that have the potential for use by the
military and scientific devices.
Edward Dillon, President and CEO, emphasized that "These
batteries, unlike other re-chargeable batteries in the market, will
not be dependent on a charging unit that you need to plug in, nor a
separate solar-powered charger. The batteries themselves would be
re-chargeable when exposed to the sun. Instead of throwing away
"dead" batteries, from a flashlight or other device, you will be
able to put these on the windowsill or on the porch and they will
re-charge. This represents a completely unique product -- there's
nothing else like it".
Raymond F. Purdon, Chairman, added: "The potential for
stand-alone solar re-chargeable batteries is staggering. In
addition to being a "green" solution, a convenience and a
money-saver for the average consumer in developed countries, these
batteries would be even more important to consumers in
under-developed nations that don't have a reliable power grids and
where battery-power for lighting and other everyday applications
plays a more critical role."
Genesis Electronics has already developed and is producing a
solar-powered charger for the iPhone called the SunBlazer™ (www.mysunblazer.com) which it expects to bring to
market shortly.
Forward-Looking Statements
Except for historical matters, matters discussed in this release
are forward-looking and are made pursuant to the safe harbor
provisions of the 1995 Private Securities Litigation Reform Act.
Investors are cautioned that these statements reflect numerous
assumptions and involve risks and uncertainties that may affect
Genesis Electronics Group, Inc., its business and prospects, and
cause actual results to differ materially from these statements.
Among these factors are Genesis Electronics Group, Inc.'s
operations; competition; entry barriers; relationship reliance;
technological changes; new systems introduction; vendors pricing;
supply of components and software, and other factors detailed from
time to time in our filings with the U.S. Securities and Exchange
Commission. In light of risks and uncertainties in these
forward-looking statements, they should not be regarded as a
representation by Genesis Electronics Group, Inc. or any other
person that the projected results, objectives or plans will be
achieved. Genesis Electronics Group, Inc. undertakes no obligation
to revise or update these statements to reflect events or
circumstances after the date hereof, except as may be required by
applicable law or regulation.
CONTACTS: Investor Relations Ed Dillon CEO (954) 272-1200
Genesis Electronics (CE) (USOTC:GEGI)
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