Thursday, September 9, 2010

GSLO: Turn Your Apple iPod Touch Into a Smartphone

(BUSINESS WIRE)--Does your iPod Touch suffer from iPhone Envy? Not for long: GoSolarUSA Inc. (PinkSheets:GSLO) announced a deal today with innovative Chinese developer Yosion to bring that company’s cutting-edge Apple Peel 520 product to the United States.

“We see the Apple Peel 520 as a stunning breakthrough in mobile technology, and we’re proud to work with Yosion to develop this product for the U.S. market.”

Both companies signed a funding option agreement last week. Under the agreement, GoSolarUSA will work with Yosion to develop the Apple Peel 520, file for a U.S. patent and distribute it in the U.S.

When used with Apple’s (NASDAQ:AAPL) iPod Touch, the Apple Peel 520 functions as a protective skin that adds mobile voice and text messaging capabilities to the touch-screen media player. The startling new technology represents a more affordable alternative to purchasing Apple’s pricier iPhone, and with 275 million iPods already on the market, the Apple Peel could be an instant hit. Yosion announced last week that September’s initial manufacturing run is already sold out.

“We are so pleased to have reached this agreement with Yosion,” said Tyson Rohde, President of GSLO. “We see the Apple Peel 520 as a stunning breakthrough in mobile technology, and we’re proud to work with Yosion to develop this product for the U.S. market.”

The Apple Peel 520 is the creation of 22-year-old Chinese programmer Pan Yong. The gadget slips over the iPod Touch’s case and includes a battery, dock connector and SIM card. Once the proper software is installed, the Apple Peel adds the ability to make voice calls and text messages using the iPod Touch. When fully charged, the Apple Peel’s 800mAh battery offers nearly five hours of talk time and 120 hours of standby use.

The Apple Peel 520 first made waves online in the U.S. last month when it was featured on CNN.com [http://articles.cnn.com/2010-08-16/tech/china.apple.peel_1_apple-smart-phone-iphone-ipod?_s=PM:TECH] and earned positive buzz from Engadget.com [http://www.engadget.com/2010/07/28/ipod-touch-turned-into-a-phone-using-yosions-apple-peel-520/], among other Web sites.

“For right around $60, this device really does transform the iPod Touch into a smartphone,” Rohde said. “If there is a hotter iPod accessory anywhere in the world, we certainly haven’t seen it.”

The option agreement signed by both companies on Wednesday requires that both parties negotiate in good faith to reach terms on a profit-sharing agreement. It has been filed as a material contract with GSLO’s public filings.

GoSolarUSA is dedicated to aggressively acquiring, developing and marketing promising and potentially profitable technology. The iPod Touch and the iPhone are products of Apple Inc., which competes in the global smartphone market against the Google (NASDAQ:GOOG) Android and Research in Motion’s (NASDAQ:RIMM) BlackBerry line.

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

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