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Exceed Reschedules 2011 Fourth Quarter & Full Year Financial Results Release

2012-04-03 10:08 1425

FUJIAN, China, April 3, 2012 /PRNewswire-Asia-FirstCall/ -- Exceed Company Ltd. (NASDAQ: EDS) ("Exceed" or the "Company"), the owner and operator of "Xidelong" brand and one of the leading domestic sportswear brands in China, today announced that it will issue its financial results for the fourth quarter and full year ended December 31, 2011 after the US market closes on or before April 30, 2012 in order to provide management additional time to complete its Annual Report on Form 20-F. Exceed previously announced that it would release results for the period on April 2, 2012.

Additional details, including the date, time and dial in information for the fourth quarter and full year results conference call will be provided in due time. The earnings press release will be available on the investor relations page of the Exceed website at http://www.ir.xdlong.cn.

About Exceed Company Ltd.

Exceed Company Ltd. designs, develops and engages in wholesale of footwear, apparel and accessories under its own brand, XIDELONG, in China. Since it began operations in 2002, Exceed has targeted its growth on the consumer markets in the second and third-tier cities in China. Exceed has three principal categories of products: (i) footwear, which comprises running, leisure, basketball, skateboarding and canvas footwear, (ii) apparel, which comprises sports tops, pants, jackets, track suits and coats, and (iii) accessories, which comprise bags, socks, hats and caps. Exceed Company Ltd. currently trades on NASDAQ under the symbol "EDS".

For further information, please contact:

Investor Relations (Hong Kong)
Mahmoud Siddig
Taylor Rafferty
T: +852 3196 3712
E: Exceed@Taylor-Rafferty.com

Investor Relations (US)
Bryan Degnan
Taylor Rafferty
T: +1 (212) 889-4350
E: Exceed@Taylor-Rafferty.com

Source: Exceed Company Ltd.
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