GoSolarUSA announces favorable completion of PREE due diligence

NEW ORLEANS, USA: GoSolarUSA Inc. announced that the company has completed its due diligence with PREE under an option announced on June 9. PREE owns a breakthrough technology that uses wireless internet signals and solar energy to constantly keep Smartphones charged all of the time without having to be plugged in.

After encountering a flood of inquiries regarding PREE product details, possible PREE distributorships and interest in investment, GSLO management decided to fast-track their deal with PREE. The decision by management was disclosed to the public on June 11.

The PREE technology is designed for use with a wide range of Smartphones, including Apple’s iPhone, Research in Motion’s Blackberry and Google’s Android. GoSolarUSA is looking to invest in the company as well as the development, delivery and marketing of the new PREE product line.

“We have applied the necessary resources to complete our Due Diligence process with PREE as quickly as possible without sacrificing accuracy,” stated Thomas Massey, president of GSLO. “Public response dictates that we move quickly and deliberately on this. I am very enthusiastic about the future of the PREE technology.”

Smartphone users often find that their batteries can’t keep up with power-hungry applications. A typical Smartphone battery will lose 5-10 percent of its life every hour. As a result, (before the PREE) users had to plug their phones into a charger at least once a day or more.

The PREE product is a device being configured to empower users to disconnect from the plug and go wireless for as long as they need to use their applications. This exciting device converts inbound wireless LAN waves and solar energy into an electrical charge powerful enough to keep the smartphone charged.

Mobile phone accessories generate billions of dollars of revenue to manufacturers. GSLO is excited to be a part of bringing a new American technology to the market that can be used worldwide. The phone accessory market is projected to reach $80 billion by 2012. The company feels that this product has major market potential.