Thursday, May 29, 2008

Pricester.com Aquires Solar Play Genesis Electronics

HOLLYWOOD, Fla.--(BUSINESS WIRE)--Pricester.com, Inc. (OTCBB:PRCC), an Internet marketing and technology company, announced the acquisition of Genesis Electronics, Inc. in a stock-based transaction.

Genesis, a high technology company headquartered in Norwalk, Connecticut, is an innovator in consumer applications for solar energy and alternative energy sources.

Pricester President & CEO, Edward Dillon, commented, “Pricester is a growing and forward thinking corporation. Our acquisition of Genesis Electronics is an important step towards achieving our fundamental goal of bringing significant technological advances to market.” Genesis CEO, Robert Unnold, added, “The fit between Pricester and Genesis is highly advantageous to the advancement of the entire organization. We’re excited and proud to be part of the Pricester family.”

Pricester’s Chairman, Raymond Purdon, said, “Our aim is to upstream the growth of Pricester in meaningful ways, to both strengthen the company and create added value for our shareholders. The addition of Genesis Electronics is an integral component of that strategy.”

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