PALM SPRINGS, Calif., July 29, 2015 (GLOBE NEWSWIRE) -- Solaris Power Cells, Inc. the creators of the Solaris "Passive Electron Storage Array" ™(PESA™), (the "Company") (OTCQB:SPCL) (Germany WKN:A1W9W5) is pleased to announce shipping its F-Type Vapor Mod incorporating Solaris PESA™ battery free energy storage solution.
Solaris Begins Shipments of F-Type Vape Mod to Distribution Candidates
Production is now shipping Solaris Power Cells F-Type Vape Mod, a high performance consumer device serving the high-end Vapor and electronic cigarette market. Units are now being shipped to select distributors and retail outlets worldwide. Solaris F-Type is now sold via qualified distributors and the Solaris online store www.vapebatteryfree.com.
The "F-Type Vape Mod" is a flask style vape mod design housed in CNC machined and anodized aircraft aluminum and available in 4 custom colors anodized Onyx, Cherry, Plum, and Aqua.
Solaris Files F-Series Preliminary Patent
A Vapor Mod is typically larger than a traditional e-cigarette and gives the consumer many more options as it pertains to smoke output, nicotine levels, fragrance and flavors. The use of PESA™ technology in a vape mod is a first and as a result, Solaris Power Cells, Inc. has filed for preliminary patent protection on the use of this technology in this application.
According to Business Insider and Bloomberg, forecasts show electronic cigarette's having a 3 billion dollar market segment by 2015 with sales reaching more than $10 billion by the year 2017. As of October of last year, Bloomberg BusinessWeek reported that there were over 3,500 brick and mortar electronic vapor shops in the United States.
"The Solaris PESA™ Powered Electronic Cigarette Vapor device is just one of the Battery-Free Energy Storage Solutions Solaris Power Cells will produce very soon in this exciting ever expanding market!" said Solaris Power Cells President, Lenny Caprino.
This unique combination of features makes for a product that can be marketable to the casual vaporizer user and the self-proclaimed professionals alike. The Solaris PESA™ powered Electronic Cigarette Vapor Mod will also offer a solution to the current industry issues with batteries. Rechargeable vaporizer batteries retail for 10 to 30 dollars a piece. Most of the high end mods require two of the 2000mAh batteries which individually take about 10 hours to charge from a normal house outlet or standard USB Port. Batteries are prone to degradation and need to be replaced multiple times per year with normal use of the vaporizer. Our PESA™ system will charge rapidly, last for well over ten years with normal daily usage and recharging, and be able to handle the type of current outputs that the high end vaporizer users want, without the risk of lithium battery thermal runaway. In other words, a normal battery can take hours to recharge, whereas our product can recharge in significantly less time. A typical battery has a lifespan of typically 500 charge and discharge cycles, whereas our product can have towards 500,000 charge and discharge cycles.
About Solaris;
Solaris Power Cells, Inc. (OTCQB:SPCL) is a diversified "green" energy storage manufacturer offering residential and commercial users turnkey, renewable energy storage solutions. Solaris manufactures the Solaris Power Cells "Passive-Electron Storage-Array" ™(PESA™), a 100% lead-free, solid-state storage solution that makes renewable energy greener and better by allowing applications to utilize more of the energy generated. The Solaris Power Cell™ is capable of providing energy storage to applications normally reliant and equipped with highly toxic lead acid, nickel metal hydride or lithium-ion batteries.
Forward-Looking Statements;
Statements in this press release that are not strictly historical in nature are forward-looking statements. These statements are only predictions based on current information and expectations and involve a number of risks and uncertainties. Forward-looking statements in this release include that we are about to manufacture our products, we can compete in the energy storage business, and our products will provide an energy storage solution to industry. The Company's products involve detailed proprietary and engineering knowledge and specific customer adoption criteria, hence factors that could cause actual results to be materially different include that we may be unsuccessful in raising any additional capital needs that may arise; we may not have sufficient capital to develop, produce and deliver orders; orders that are placed may be cancelled; product may not perform as well as expected; markets may not develop as quickly as anticipated or at all; or that the productive capacity of the company may not be large enough to handle market demand. Further, we are reliant on certain key employees who may leave the Company and we may be unable to protect or defend our intellectual property. Investors are cautioned against placing undue reliance on forward-looking statements. Refer to all public filings and risk factors included in the 8-K, 10-Q and 10-K as filed with the SEC.