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GEGI Genesis Electronics Group Inc (CE)

0.000001
-0.0001 (-99.00%)
09 Aug 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Genesis Electronics Group Inc (CE) USOTC:GEGI OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.000099 -99.00% 0.000001 0.0001 0.000001 0.000001 110,600 17:48:47

Genesis Electronics Begins Retailing of Solar Powered iPhone Charger at AT&T Store

31/01/2011 3:17pm

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Genesis Electronics (CE) (USOTC:GEGI)
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Genesis Electronics Group, Inc. (OTCBB: GEGI), www.genesiselectronicsgroup.com, announced that it has commenced traditional brick-and-mortar marketing of its G-1500™ Solar Powered iPhone Charger at an AT&T retail location in New York State. The Genesis G-1500™, a "smart" accessory offering the combined benefits of both solar and conventional charging plus protection to the iPhone 4, had previously been selling exclusively online at the company's website. Genesis anticipates further significant expansion into traditional retail outlets.

"The move towards a physical in-store presence to complement our online sales is a major component of our overall marketing strategy and a very exciting milestone," said Ed Dillon, CEO of Genesis Electronics Group. "We will continue to implement and test all available marketing and sales approaches for the G-1500™ as well as for all other innovative solar-powered product releases that are in our development pipeline," Dillon added.

Raymond F. Purdon, Genesis' Chairman, commented, "The introduction of the G-1500™ directly to consumers through an AT&T store is an exceptionally important and timely step for Genesis Electronics Group. Well over a million iPhone 4's sold in just the first few days of introduction and the popular product continues to move strongly at retail. The G-1500™ is a needed accessory to the power-hungry iPhone 4, so marketing it right along side the iPhone 4 should prove to be a very successful sales methodology. Our aim is to increase consumer awareness and exposure for our products through all channels -- brick-and-mortar stores, as well as targeted online portals."

For more information about Genesis Electronics Group, solar energy and the Genesis G-1500™, please visit www.genesiselectronicsgroup.com or www.mysunblazer.com.

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

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