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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Go Solar USA Inc (CE) | USOTC:GSLO | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0001 | 0.00 | 01:00:00 |
GoSolarUSA (Stock Ticker:GSLO) announced today that the company will initiate a feasibility study for developing the Volt Solar Charger for use with smartphones manufactured by HTC, BlackBerry, Samsung and other top brands.
A rendering of GoSolarUSA's Volt Solar Charger for the Apple iPhone. (Photo: Business Wire)
The Volt Solar Charger is a renewable-energy battery pack that attaches to the Apple iPhone and extends the device’s talk time using a built-in solar panel and a 1500 mAh rechargeable battery. The initial manufacturing run of the Volt is compatible with the iPhone 3, iPhone 3GS and iPhone 4. With the Volt’s first production run complete, GSLO will turn its focus to adding more smartphones to that list.
“The iPhone was the obvious choice around which to develop the Volt, and we plan to continue producing Volt Solar Chargers for future models that Apple designs,” said GSLO President and CEO Tyson Rohde. “The smartphone market in the U.S. is growing and diversifying every day, so we feel it’s time to study the potential for solar accessories made for the other top handsets being sold, as well.”
GoSolarUSA will study the economic and technological feasibility of designing Volt Solar Chargers compatible with smartphones such as the HTC Desire, Samsung i9000 Galaxy S, Nokia C7 and others, Rohde said.
“We’ll be comparing things like projected development cost vs. upside profit potential for these smartphone accessories,” he said. “The potential price point, market size, functionality, and ergonomics will all be points of consideration for future development of the Volt.”
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.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6735202&lang=en
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