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Market Pulse Breaking News Alert for Tuesday, July 1, 2008: PRCC -- Pricester.com Positioning to Facilitate Growth and Updates on Its Solar and Alternative Energy Acquisition Genesis Electronics!
Market Wire, July, 2008
Market Pulse News Alert for this AM, Stocks to Watch are: Pricester.com, Inc. (OTCBB: PRCC), Hydrogenics Corp. (NASDAQ: HYGS), First Solar Inc. (NASDAQ: FSLR) and Indevus Pharmaceuticals Inc. (NASDAQ: IDEV).
Investors need to be watching Pricester.com, Inc. (OTCBB: PRCC) this AM! Pricester.com is an innovative e-commerce company that develops and operates websites for individuals and small business communities. It provides a medium for consumers to buy, sell, trade, auction, and search for various products and services. The company operates a multi-featured Internet shopping portal, www.pricester.com , complemented by online tools for e-commerce website construction. Its website automates the integration of payment systems and shipping carriers. The company also provides a seamless integration to its website management system and shopping cart. In addition, it provides website development, hosting and listing facility, Internet marketing services, domain name registration, and search engine optimization and submission services. Pricester.com's primary marketing objective is to build the largest gathering of web-based vendors in its virtual Shopping Network which includes formal agreements for product offerings from Wal-Mart, Target, Dell, PetSmart and many more national retailers, benefiting thousands of small businesses listed with Pricester.com in their endeavor to market their goods and services. Pricester.com aims to be among the largest providers of professionally designed low-cost websites, servicing the burgeoning small business sector where demand for such cost-efficient service is increasing exponentially. According to the US Census Bureau, on-line sales accounted for $22.3 billion in the third quarter of 2005 alone, however this represented only 2.3% of total retail sales in the US that reached $957.9 billion overall. Pricester.com is also moving ahead with key planned strategies, including a strategic joint venture which targets the growing sector of women-owned businesses, and the ongoing development of its Copia World website, an online shopping mall with a global perspective, featuring retailers from England, France, Russia, Italy, Greece, Germany, Mexico, Japan and more, with an appeal to international travelers, those interested in taking advantage of a worldwide shopping spree or viewing the latest retail offerings from around the world. Pricester.com strives to continue its internal growth, as well as seeking corporate expansion through appropriate mergers, acquisitions and joint ventures that can result in greater value for its investors. The company's revenues increased by 73% compared to the same nine-month period last year. Pricester.com's revenues increased by over 110% in the previous six-months compared to the same period in the previous year and the company's 2006 annual revenues were up 498% compared to 2005. Pricester.com is poised to become a significant player in the business services and e-commerce industry! Pricester.com just had excellent news out in a press release before today's opening bell announcing their plan to position itself to facilitate growth and updates on its solar and alternative energy acquisition Genesis Electronics! Investors should be watching this one closely!
Pricester.com, Inc. (OTCBB: PRCC), an Internet marketing and technology company, announced a reorganization of the company to better suit recent and planned acquisitions, as well as the addition of new online product and service divisions.
In May, Pricester acquired Genesis Electronics ( www.genesiselectronics.net ), a high-tech developer of solar and alternative energy applications for consumer devices. Additionally, Pricester officially launched its Copia World International Shopping Portal division, ( www.copiaworld.com ).
Pricester President & CEO, Edward Dillon, commented, "As we continue to expand and develop the Pricester brand and its subsidiaries, it becomes increasingly important to properly organize the corporation, its individual components, and the effective allocation of both material and human resources. This reorganization optimizes our ability to execute current and planned activities."
Pricester's reorganization is graphically reflected in a dynamic redesigned landing page for its corporate website, www.pricester.com .
Pricester's Chairman, Raymond Purdon, said, "Our addition of Genesis Electronics, the opening of the Copia World portal, enhancements to our internet marketing business and planned growth through acquisitions, clearly called for this reorganization and will more easily allow for Pricester's rapid growth and increased value for our investors."
Stocks in the news and acting well as of late include: Hydrogenics Corp. (NASDAQ: HYGS), First Solar Inc. (NASDAQ: FSLR) and Indevus Pharmaceuticals Inc. (NASDAQ: IDEV).
Information contained herein is the opinion of Market-Pulse.com ("MP") and is intended to be used strictly for informational purposes. You should be aware that MP attempts to assure itself of the accuracy of the information contained in the analyses it publishes. In this regard, MP does, at times, rely on the accuracy of information supplied to it by the companies which are the subject of MP's analyses and/or parties related to those companies. MP also relies on the accuracy and integrity of information that is contained in company press releases and reports filed with the SEC. The companies mentioned in this publication have not approved the content or timing of the information being published unless otherwise noted.