Pricester.com's Genesis Electronics Moves Towards Manufacturing the SunBlazer(TM)
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Genesis' Engineers Negotiating with MediaTek for Production of
Solar-Powered Chargers for Cell Phones
HOLLYWOOD, Fla.--(Business Wire)--
Pricester.com, Inc. (OTCBB:PRCC), www.pricester.com, announced
that executives of its Genesis Electronics subsidiary are actively
negotiating with MediaTek, Inc., a $1.7 billion electronics
corporation based in Taiwan, to manufacture the first production run
of the SunBlazer(TM). To view the SunBlazer(TM), visit
www.genesiselectronics.net.
The SunBlazer(TM) is a sleek, wearable, holster for cell phones
that utilizes solar energy to vastly increase the battery life and
utility of the most widely used cell phones. The SunBlazer(TM)
maintains the phone's battery at peak charge, eliminating the need to
re-charge the battery with traditional plug-in methods. Genesis holds
a U.S. patent for the technology.
Ed Dillon, Pricester's President and CEO, said, "We're very
pleased to be working with a company of MediaTek's state-of-the-art
capabilities and reputation for quality. Our aim is to ensure that
Genesis Electronics' products rapidly earn consumer confidence."
Phil Thomas, Genesis' Chief Technology Officer, commented, "Our
engineering team is enthusiastic about interfacing with MediaTek and
the potential of the SunBlazer(TM). This is the type of ground
breaking product that impacts people world-wide."
Raymond Purdon, Pricester's Chairman, added, "MediaTek is a
recognized global electronics supplier, which complements our planned
distribution of the SunBlazer(TM) through prominent cellular service
providers and major retail outlets."
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
Pricester.com, Inc., its business and prospects, and cause actual
results to differ materially from these statements. Among these
factors are Pricester.com, Inc.'s operations; competition; entry
barriers; relationship reliance; technological changes; website
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
Pricester.com, Inc. or any other person that the projected results,
objectives or plans will be achieved. Pricester.com, Inc. undertakes
no obligation to revise or update these statements to reflect events
or circumstances after the date hereof.
Pricester, Hollywood
Investor Relations, Ed Dillon, President & CEO
954-272-1200
edillon@pricester.com
Copyright Business Wire 2008
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