Genesis Electronics' Online Store and Initial Product Launch Well-Received
January 25 2011 - 9:00AM
Marketwired
Genesis Electronics Group, Inc. (OTCBB: GEGI),
www.genesiselectronicsgroup.com, announced that its new online
store for selling smart phone chargers and accessories was
successful and very well received by consumers.
The online store, accessible at www.genesiselectronicsgroup.com,
features the G-1500™ Solar Charger -- a well-designed solar-powered
charger for the iPhone 4. The unit 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.
Edward Dillon, President and CEO, said, "The launch of our
online store and initial product, the G-1500™, was executed on
time, functions without flaw and has met with positive reviews. We
plan to expand the store to include additional chargers from
Genesis Electronics, plus other exciting smart phone accessories.
Smart phone owners, regardless of the brand-name, are always
looking for items that make their user experience more convenient,
more reliable and more protective."
Raymond F. Purdon, Chairman, commented, "The Genesis Electronics
store opening and introduction of our online sales is a very
important milestone for the company. The G-1500™, a versatile and
highly useful product in and of itself, is just the beginning. Our
business will grow as the online store, our e-commerce component,
is populated with more products and then will be further enhanced
with brick-and-mortar partners."
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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