GEGI .04 going/nice hits-->Genesis Electronics Receives 5,000 Unit Order for G-1500(TM) Solar Charger & Backup Battery for iPhone 4
HOLLYWOOD, FL, Feb 09, 2011 (MARKETWIRE via COMTEX) -- Genesis Electronics Group, Inc. (OTCBB: GEGI) announced that is has received a 5,000 unit order for the G-1500(TM) from MobileVoice LLC. The initial acceptance has been very encouraging and the Company is excited to be expanding its presence for the G-1500(TM) and be working with a key retail distributor. MobileVoice will be supplying the product to Northeast and Mid Atlantic region retailers.
The G-1500(TM) Solar Charger is a solar-powered charger and back-up battery for the 4G iPhone that is made out of silicon, wraps entirely around the iPhone, and provides protection to the phone as well as reliable charging from a light source or by its integrated USB port
Ed Dillon, CEO of Genesis, stated, "With this order Genesis has positioned itself to be a key supplier of "smart" accessories for the 4G iPhone. Our initial response for the Genesis G-1500(TM) has shown the need for a multi-functional product that provided the benefits of solar and conventional charging plus protection to the 4G iPhone. We are excited to be partnering with MobileVoice to bring this product to a larger market through their distribution channels."
Raymond F. Purdon, Genesis' Chairman, commented, "The introduction of the G-1500(TM) directly to consumers has exceeded our expectations. This validates our strategy for the brick and mortar stores as we expand our marketing to offer the G-1500(TM) through multiple retail outlets as well as our On-Line store."
About Genesis Electronics, Inc. Genesis Electronics, Inc. is a development and marketing electronics Company. They hold a patented process for charging and re-charging a battery from solar energy and efficiently transferring that energy to the battery of an electronic device. The Company has developed this technology to produce solar chargers for multi-featured cell phones. The key to Genesis Electronics' technology is its patented "Enhanced Solar to Battery Electronic Technology" for a unique process that charges a battery from solar energy. It efficiently transfers that energy to the battery of an electronic device and optimizes the conversion of light into electrical energy. The technology is covered in and protected by three separate but closely associated U.S. patents. This technology can be applied to virtually any portable or hand-held electronic device.
Genesis Electronics, Inc. is a wholly-owned subsidiary of Genesis Electronics Group, Inc., a publicly traded corporation (OTCBB: GEGI).
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; product demand; new systems introduction; vendors pricing; supply of software.
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.
For More Information, Contact:
Edward C. Dillon
President & CEO
Genesis Electronics Group, Inc.
1-954-272-1200
SOURCE: Genesis Electronics Group, Inc.
