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Pricester.com Enters Partnership With Comm Tec to Manufacture Solar-Powered Cell Phone Chargers

  • Press Release
  • Source: Pricester.com, Inc.
  • On 9:40 am EST, Tuesday November 18, 2008

HOLLYWOOD, FL--(MARKET WIRE)--Nov 18, 2008 -- Pricester.com, Inc. (OTC BB:PRCC.OB - News), www.pricester.com, announced that its Genesis Electronics subsidiary has formalized a partnership with Taiwan-based Comm Tec Corporation, a subsidiary of the Taipei Exchange listed Azion Group, www.azion.com.tw, for the design, production and distribution of Genesis' solar-powered cell phone chargers. Significant design and aesthetic modifications are already underway to maximize market appeal; however, early first-generation prototypes under the code name SunBlazer(TM) can be viewed at www.genesiselectronics.net.

Related Quotes

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PRCC.OB0.040.00
Chart for PRICESTER.COM INC
{"s" : "prcc.ob","k" : "c10,l10,p20,t10","o" : "","j" : ""}

Pricester's solar-powered cell phone chargers will be configured for use with popular cell phones in both domestic and Asian markets. The chargers are compact "holsters" that use solar energy to maintain the phone's battery at optimal charge, eliminating the need to re-charge the battery with inconvenient and often unavailable plug-in methods. No wires, clumsy attachments or adapters are required. Pricester holds the exclusive patent for this technology to transfer solar energy to portable devices.

Ed Dillon, Pricester's President and CEO, said, "Our partnership with Comm Tec is a perfect match and we're very proud to be associated with them. Their expertise in functional design and advanced electronics is extremely impressive. Comm Tec and its parent company Azion already have working partnerships with corporations, such as: Cisco Systems, Hewlett Packard, IBM, and Oracle to advance other high-technology ventures, so Pricester's level of confidence in working with Comm Tec is certainly quite high."

James Pao, Special Ass't. to the President of Comm Tec, commented, "The entire concept of a truly appealing and convenient solar-powered charger that can be mass-marketed at an affordable price was our initial attraction and remains the driving force behind our commitment to this project and our partnership with Pricester.com. The whole world is extremely energy conscious, so a unique technology that addresses the issue with widespread hand-held products such as cell phones is timely and very important. Pricester's patented solution and our combined ability to refine the designs and bring them to market makes the relationship between our organizations ideal. We're looking forward to much success in the months ahead."

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 http://Pricester.com, Inc., its business and prospects, and cause actual results to differ materially from these statements. Among these factors are http://Pricester.com, Inc.'s operations; competition; entry barriers; relationship reliance; technological changes; product 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 http://Pricester.com, Inc. or any other person that the projected results, objectives or plans will be achieved. http://Pricester.com, Inc. undertakes no obligation to revise or update these statements to reflect events or circumstances after the date hereof.

Contact:

     CONTACTS:
Investor Relations
Pricester
Ed Dillon
President & CEO
(954) 272-1200
edillon@pricester.com
 

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