Pricester Acquires Solar Energy Company And Genesis Electronics

SOLAR DAILY

The deal is done

by Staff Writers
Hollywood FL (SPX) Jun 12, 2008
Pricester.com has announced the acquisition of Genesis Electronics 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 and 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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SOLAR DAILY

HarbourVest Global Announces Sale Of Ersol Solar Energy AG

St Peter Port, Guernsey (SPX) Jun 12, 2008
HarbourVest Global Private Equity has been advised of the proposed sale of ersol Solar Energy AG by Ventizz Capital Fund II. At the announced price, the sale of ersol to Robert Bosch GmbH would result in a gain in NAV for HVPE of approximately U.S.$7.7 million, or U.S.$0.09 per share.

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