Genesis Electronics Plans Global Network of Licensed Distributors for Solar Chargers for Cell Phones

* Reuters is not responsible for the content in this press release.

Wed Jun 10, 2009 9:04am EDT

  HOLLYWOOD, CA, Jun 10 (MARKET WIRE) -- 
Genesis Electronics, Inc., a division of Genesis Electronics Group, Inc.
(OTCBB: PRCC), announced that an international network of authorized,
licensed distributors will be created to facilitate sales of the
company's products. Genesis holds a U.S. patent for a unique
solar-powered charging technology that can be used for vastly increasing
the reliability of hand-held and portable electronic devices that
frequently suffer from power loss due to limited traditional battery
capability.

    Genesis is completing development of a solar-powered charger for popular,
multi-functioned cell phones under the name SunBlazer(TM) and expects to
bring the product to market within the next several months.

    "Today's cell phones are loaded with features that can rapidly drain the
phone's battery, so Genesis' solar-powered solution is both practical and
timely," said Ed Dillon, CEO. "All preliminary demand indicators clearly
showed the need for licensing major distributors with existing penetration
in the European, Middle Eastern, Asian and South American markets. We feel
that our discussions with some of the largest cell phone manufacturers
point to the need for this type of international distribution network. Our
aim is to capture as much domestic and global market share as possible
with our cell phone chargers, as well as other products and applications,
in order to fully capitalize on our technology," Dillon continued.

    Information about Genesis Electronics and the SunBlazer(TM) can be found
at the company's website www.genesiselectronics.net.

    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 software and components.

    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.

    

CONTACTS:
Investor Relations
Ed Dillon
President
(954) 272-1200

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