GoSolarUSA delivers PREE definitive agreement

NEW ORLEANS, USA: GoSolarUSA Inc. formally announced that the company has delivered a Definitive Agreement to PREE. This development represents one of the final steps in completing a deal for the PREE technology, which began with the announcement of an option between the two companies on June 9.

PREE owns a breakthrough technology that uses wireless internet signals and solar energy to keep a Smartphone constantly charged 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, which 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. GSLO is moving to invest in the Company as well as the development, delivery and marketing of the new PREE product line.

“The decision to go forward to formalize our arrangement with PREE was based on their outstanding product engineering coupled with an attractive business plan,” stated Thomas Massey, President of GSLO. “We are anticipating significant demand for the PREE product.”

Smartphone users often find that their batteries can’t keep up with power-hungry applications. A typical Smartphone battery will lose 5% to 10% 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.