GSLO Expects iPhone 5 to Drive Demand for its Solar Powered Battery Packs

GoSolarUSA (Stock Ticker: GSLO) announced today that the company expects interest in its Volt Solar Charger to be boosted by the release of the iPhone 5.

A rendering of GoSolarUSA's Volt Solar Charger for the Apple iPhone. (Photo: Business Wire)

“Anticipation for the unveiling of Apple’s iPhone 5 is already running at a fever pitch,” said GSLO President and CEO Tyson Rohde. “GoSolarUSA is making plans to capitalize on the explosion in demand for iPhone 5 accessories upon its release.”

Sales predictions for both the iPhone 4 and forthcoming iPhone 5 have GoSolarUSA excited about the prospects for its hot new battery pack accessory. In March, Asymco analyst Horace Dediu predicted that Apple’s current-generation iPhone 4 smartphone handset will likely sell around 60-65 million units in total. Sales of its coming successor, the iPhone 5, could nearly double that amount, he said. Dediu based his predictions on Apples historical iPhone sales figures, iPhone production ramps and market growth patterns. Through the first four generations of the iPhone, he said, each new version of the groundbreaking device sells roughly twice as many units as the last.

Dediu’s bold prediction was good news for GoSolarUSA. The company is counting on demand from a massive number of iPhone users to drive interest in the Volt. GoSolarUSA owns the exclusive right to sell and distribute the Volt in North America, the world’s largest market for iPhone accessories.

The Volt uses a built-in solar panel and 1500 mAh battery to dramatically extend the talk time of the iPhone 3, iPhone 3GS and iPhone 4. GSLO plans to add the iPhone 5 to that list once specifications are released for the next-gen smartphone.

GoSolarUSA is dedicated to aggressively acquiring, developing and marketing promising and potentially profitable technology. The Volt Solar Charger is a product of Xiamen Solar Electronics based in Xiamen, China. The iPhone is a product of Apple Inc. (NASDAQ: AAPL), which competes in the global mobile electronics market against Motorola Mobility Holdings, Inc. (NYSE: MMI) and Research in Motion (NASDAQ: RIMM).

For more information, please visit www.GoSolarUSA.com/Investors.

About GoSolarUSA, Inc.

GoSolarUSA primarily identifies and develops new solar energy technologies in the United States. We believe this not only creates high-quality jobs in America, but also ensures the quality and availability of our products. GSLO is endeavoring to advance clean American solar technology to compete in an energy industry that includes stalwarts such as First Solar (Nasdaq: FSLR). GoSolarUSA is a US registered and reporting OTCQB market tier company.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “should,” “plans,” “believes,” “expects," “aims,” “anticipates” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

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