SNRS purchase order

Sunrise Consulting Group, Inc.: Solar Products to Arrive in USA for Shipment to Customers; Company Receives Large Purchase Order for Its Solar Products

12:13p ET March 24, 2011

Sunrise Consulting Group, Inc. SNRS announced today that its manufacturer in China has confirmed that the first shipment of products are scheduled to leave China by the end of the following week. The company understands that its US customers have been patiently waiting for products, and has decided to incur the extra cost to have this first batch of products sent via air freight so that these products will arrive promptly to the company's warehouse and distribution center in City of Industry, CA. The warehouse will immediately begin shipping products to all pre-order and future customers via Fed-ex, UPS, or US Postal carrier services. Customers who have submitted their request for pre-orders will receive a communication directly from the company via phone or electronic mail. The ecommerce portion of the website will be enabled next week for the acceptance of credit card payments and all paying customers will receive updates regarding their shipment, and will receive an order confirmation number including a tracking number related to their order.

The company also announced today that it has received a scheduled purchase order from an international electronics exporting company. The scheduled order is for an aggregate purchase of 500,000 units of the company's solar battery mobile device chargers. The total purchase order of $27,150,000 subscribes to the breakdown of 7 payments which are to be spread out over seven months. The first payment is scheduled for April 29, 2011.

Sunrise is currently in the process of doing its due-diligence regarding the purchase order and plans to negotiate the best price possible for the company and the purchaser in an effort to meet all financial goals. Upon review and approval from the soliciting party, the company plans to announce the name of the corporation that has submitted the offer to purchase the solar battery products.

CEO Raymond Chin commented, "The time for delivery of our product line is imminent. We promised to deliver products and we shall. I am looking forward to hearing the positive feedback from our customers and I am anxious for our company to realize the revenue from sales over the next few quarters to come."