SOURCE: Genesis Electronics Group, Inc.

February 02, 2011 09:30 ET

Genesis Electronics Sales of Solar iPhone Charger at AT&T Store Shows Positive Consumer Acceptance

HOLLYWOOD, FL--(Marketwire - February 2, 2011) - Genesis Electronics Group, Inc. (OTCBB: GEGI),, reports that initial consumer reaction to the G-1500™ has been very positive. As reported earlier, the company has commenced traditional brick-and-mortar marketing of its Solar Powered Charger designed for the iPhone 4 at an AT&T retail location in New York State. The store is located in Monticello and is retailing the G-1500™ for $79.99. Within the first few days, approximately 25% of the inventory was sold out. 

The Genesis G-1500™ is a "smart" accessory, offering the combined benefits of both solar and conventional charging plus protection to the iPhone 4. In addition to its first AT&T retail location and continuing online sales of the product, Genesis is actively pursuing additional high-profile retail outlets.

"The consumer response to the G-1500™ is very promising," said Ed Dillon, CEO of Genesis Electronics Group. "All of our research indicates that a strong demand is there for a reliable dual-function charger for the iPhone 4. The fact that our G-1500™ also provides some protection to the phone is also a big benefit that definitely appeals to consumers. Marketing the G-1500™ in physical locations that sell iPhones and cater to tech-savvy smartphone users is a well-conceived strategy that is proving successful."

Raymond F. Purdon, Genesis' Chairman, added, "Our feedback regarding sales of the G-1500™ is very exciting and serves to clearly support our marketing plans. This applies not only to the G-1500™ and other solar-powered chargers for smartphones that Genesis will introduce, but also indicates consumer interest and acceptance of solar-powered accessories for a variety of hand-held and portable electronic devices. Our company positioning, supported by significant patent holdings and licensing for solar powered sources, is proving to be correctly targeted."

Interested distributors and retailers are encouraged to contact Genesis Electronics at (954) 272-1200. For more information about Genesis Electronics Group, solar energy and the Genesis G-1500™, please visit or

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.

Contact Information

    Investor Relations
    Ed Dillon
    (954) 272-1200