GoSolarUSA (PinkSheets:GSLO) President and CEO Tyson Rohde said Tuesday that the company expects booming sales of Apple’s iconic iPhone to generate huge demand for accessories, including the Volt Solar Charger.

For the quarter ending in December, Apple (NASDAQ:AAPL) reported sales of 16.24 million iPhones, helping the electronics giant to rack up $6 billion in profits. Due to the announcement this month that the iPhone 4 will be available on the Verizon (NYSE:VZ) Wireless network for the first time beginning in February, some analysts predict that Apple could reach as many as 19 million iPhone activations this quarter and sell as many as 63 million of the industry-leading smartphones this year.

“It’s fair to say that Apple blew away expectations for its last quarter, due in large measure to strong sales of the iPhone,” Rohde said. “With the iPhone coming to the Verizon network, we’re quite confident that sales of the device will continue to grow. An unbelievable market is developing for iPhone accessories, and GoSolarUSA is poised to capitalize on it with the Volt Solar Charger.”

The Volt Solar Charger is an external battery pack that attaches to the iPhone and extends its battery life using a top-of-the-line, built-in solar panel. The Volt is capable of harvesting solar energy to charge all versions of the Apple iPhone with the same device. By capturing free, renewable solar power, the Volt recharges the iPhone’s battery first before charging its own internal battery, nearly doubling the smartphone’s talk time.

Earlier this month, GoSolarUSA signed a distribution agreement with Xiamen Solar Electronics (XSE), the Chinese developer of the Volt, giving GSLO exclusive North American distribution rights for the device. North America is the world’s largest market for iPhones and iPhone accessories.

“The average selling price for the iPhone 4 is $625,” Rohde said. “It’s a powerful electronic tool that represents a substantial investment being made by millions across the continent. We believe many of these iPhone users will also jump at the chance to invest in the Volt.”

The Volt includes a larger battery than many competitors and is the only iPhone battery pack known to the company to include a reception corrector. In order to charge the Volt Solar Charger after sunset, a USB cable will also be included with the device. Manufactured in red, black and white, the Volt will soon go on sale bundled with a one-year warranty.

GoSolarUSA is dedicated to aggressively acquiring, developing and marketing promising and potentially profitable technology. The Volt Solar Charger is a product of Xiamen Solar Electronics based in Xiamen, China. The iPhone is a product of Apple Inc. which competes in the global mobile electronics market against Motorola Mobility Holdings, Inc. (NYSE:MMI) and Research in Motion (NASDAQ:RIMM).

For more information, please visit www.GoSolarUSA.com/Investors.

About GoSolarUSA, Inc.

GoSolarUSA primarily identifies and develops new solar energy technologies in the United States. We believe this not only creates high-quality jobs in America, but it ensures the quality and availability of our products. GSLO is endeavoring to advance clean American solar technology to compete in an energy industry that includes stalwarts such as First Solar. GoSolarUSA is a US registered and reporting OTCQB market tier company.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “should,” “plans,” “believes,” “expects," “aims,” “anticipates” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

Go Solar USA (CE) (USOTC:GSLO)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Go Solar USA (CE) Charts.
Go Solar USA (CE) (USOTC:GSLO)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Go Solar USA (CE) Charts.