Company also participating in Shenzhen Hi-Tech Fair, Electronic Asia
SHENZHEN, China, Oct. 11 /Xinhua-PRNewswire/ -- Diguang International Development Co., Ltd. (OTC Bulletin Board: DGNG; "Diguang") today announced a favorable reception for the products of its subsidiary Shenzhen Diguang Electronics Co., Ltd. ("Diguang Electronics") from trade buyers at the 38th Korea Electronics Show. The event, the largest IT show in South Korea, was open to trade buyers only October 9 through 11, then opens to the public in its last two days, October 12 and 13.
(Logo: http://www.prnasia.com/sa/200708301921-min.JPG )
During this show, held at the Korea International Exhibition Center (KINTEX), the Company is displaying a variety of its backlight products, with its large-size LED TFT-LCD backlight technologies drawing especially high levels of attention from attendees. Diguang has developed proprietary designs for large-format LED backlights to supplant the mercury-laden CCFL technology currently found in most larger displays.
Diguang Electronics also plans to participate in the six-day China Hi-Tech Fair to be held at the Shenzhen Convention and Exhibition Center, October 12-17, as well as the Electronic Asia show to be held in Hong Kong for four days, October 13 to 16, 2007, where the Company will display all sizes of its CCFL and LED backlights.
"Our large-format products have been well received everywhere we have shown them, and the Korea Electronics Show has been no exception," commented Song Yi, Diguang's CEO. "We have a busy calendar of appearances just ahead. We continue to support the sales and marketing process through trade shows as we gain traction in the marketplace. Each event is important. They are good opportunities for us to establish the kind of new customer relationships that can lead to expanding our market share in the backlight industry."
About Diguang International Development Co., Ltd.
Diguang, through its subsidiaries, specializes in the research, development, production, sale and distribution of backlights and backlight technologies. A backlight is the typical light source of a liquid crystal display (LCD). The Company is focused on providing LED and CCFL backlights for international producers of televisions, monitors, cellular phones, digital cameras, DVDs and other home appliances. Diguang currently develops an average of approximately 50 new products per month. Diguang is a Nevada corporation with its manufacturing subsidiary located in Shenzhen, PRC, and its sales and marketing subsidiary located in the British Virgin Islands.
Safe Harbor Statement
This press release contains forward-looking statements made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward looking statements are based upon the current plans, estimates and projections of Diguang's management and are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: reception for the Company's products and technologies at various trade shows, business conditions in China, weather and natural disasters, changing interpretations of generally accepted accounting principles; outcomes of government reviews; inquiries and investigations and related litigation; continued compliance with government regulations; legislation or regulatory environments, requirements or changes adversely affecting the businesses in which Diguang is engaged; fluctuations in customer demand; management of rapid growth; intensity of competition from other providers of backlights; timing approval and market acceptance of new product introductions; general economic conditions; geopolitical events and regulatory changes, as well as other relevant risks, including but not limited to risks outlined in the Company's periodic filings with the U.S. Securities and Exchange Commission. Diguang does not assume any obligation to update the information contained in this press release.
For more information, please contact:
Company Contact:
T.C. Shen, Assistant to the President
Diguang International Development Co., Ltd.
Tel: +1-626-593-5486
Investor Relations Contact:
Sean Collins, Senior Partner
CCG Elite
Tel: +1-310-477-9800 x202
