HOLLYWOOD, FL--(Marketwire - 09/27/10) - Genesis Electronics Group, Inc. (OTC.BB:GEGI - News), www.genesiselectronicsgroup.com, a developer of solar-powered rechargeable battery modules for the Apple iPhone and iPod, the SunBlazer, is being showcased by Johns Hopkins University Applied Physics Laboratory (JHU/APL) in their upcoming INNOVATIONS Office of Technology Transfer Newsletter. The communication recognizes Genesis' creative use of their sophisticated technology and patent in the development of the solar powered product for consumers.
Below is the complete text of the newsletter from JHU/APL:
POWER PACKED
Infused with Johns Hopkins Applied Physics Laboratory Innovation, New Solar Charger Provides Energy on the Go
By Michael Buckley
In the mid-1990s, Johns Hopkins Applied Physics Laboratory researchers Joe Suter, Binh Le and Ark Lew had a clever idea for a small, thin, flexible device that can convert light to electricity.
They also had foresight and -- fortunately -- a bit of patience.
More than a decade later, their patented invention is close to reaching consumers. In late 2009, APL licensed the technology to Florida-based Genesis Electronics, which weaved APL's ideas into a sleek solar recharger called the SunBlazer's™. When attached to a cell phone or related electronic device, SunBlazer's™ 2- by 4-inch solar panel will continually draw energy from the Sun -- or any sufficient light source -- and keep the device charged.
"With its power and portability, the SunBlazer's™ is a true breakthrough in the recharging concept and an effective application of renewable energy," says Edward Dillon, CEO of Genesis Electronics Group.
Conceived primarily for use in satellites, APL's self-contained power circuit can fit a variety of applications and match the shape of the device it powers. Suter says that's why the inventors thought it also would have use in laptops or cell phones; yet they could only imagine the world of today, when practically everyone carries a cell phone, mobile computer or digital music player that all demand more and more power. "It was an invention before its time, before there was a market," Suter says. "So many people use these devices today, and they're looking for every bit of power they can find. The demand has caught up to our technology."
But Suter sees benefits beyond extra juice to run the latest apps and downloads. A quick jolt to a comatose phone battery might allow emergency calls from almost anywhere. Military readiness would get a boost from smaller, more efficient devices for powering GPS units, radios and countless other items soldiers carry that need a constant charge.
"APL researchers have the unique opportunity to deliver timely solutions to their sponsors and focus on the future applications of their technologies," says Kristin Gray, the Laboratory's Director of Technology Transfer. "In this case, they invented a solution to a problem that didn't even exist -- yet. That a technology devised in the 1990s could be relevant today tells you a lot about the insight and creativity that go into APL's cutting-edge work. And licensing these technologies to companies such as Genesis Electronics helps these innovative concepts to become reality."
Raymond F. Purdon, Genesis' Chairman of the Board, commented: "We are pleased to be working with Johns Hopkins University Applied Physics Laboratory and be in a position to apply their technology to the Genesis Electronics SunBlazer. There is a large demand for a cost effective solar powered battery charger for the iPhone and iPod. Genesis is intending to expand the relationship that we enjoy with JHU/APL for further research and development for future product development."
Genesis Electronics owns a solar-power source patent and has also secured the rights to two associated patents from Johns Hopkins University Applied Physics Laboratory.
For more information about the SunBlazer™ visit www.MySunblazer.com.
About Genesis Electronics, Inc.
Genesis Electronics, Inc. is a developmental stage electronics company with a patented process for charging and re-charging a battery from solar energy and efficiently transferring that energy to the battery of an electronic device. We have developed this technology to produce solar chargers for multi-featured cell phones, such as the G-2000 designed for the iPhone™. The key to Genesis Electronics' technology is its patented "Enhanced Solar to Battery Electronic Technology" for a unique process that charges a battery from solar energy and efficiently transfers that energy to the battery of an electronic device that optimizes the conversion of light into electrical energy. This technology can be applied to virtually any portable or hand-held electronic device.
Genesis Electronics, Inc. is a wholly-owned subsidiary of Genesis Electronics Group, Inc., a publicly traded corporation (symbol GEGI).
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; 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 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.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment