NEW YORK and SHENZHEN, China, Dec. 28 /PRNewswire-Asia/ -- New Energy Systems Group (OTC Bulletin Board: NEWN), a manufacturer and distributor of battery components in China, today announced that the company will participate in the upcoming 2010 International CES Exhibition from January 7-10, 2010 at the Hilton Pavilion in Las Vegas.
New Energy Systems Group, along with its newly acquired subsidiary, Shenzhen Anytone Technology Co., Ltd. ("Anytone"), will showcase the company's full range of mobile phone power supplies, laptop power supplies, solar power supplies, AC/DC power supplies and batteries for the iPod and iPhone, at booth No. 46020 at the Hilton Pavilion. For further details about the exhibition, please visit http://www.cesweb.org .
"We look forward to showcasing our expanding suite of battery products and accessories at the world's largest consumer technology tradeshow in Las Vegas," commented Mr. Weihe Yu, Chairman of New Energy Systems. "Global demand for battery products is expected to increase in 2010, and we are ideally positioned to benefit from this trend. Our state of the art battery products generate 4-7 times more power than the original OEM battery's capacity and our power sources support some of the best known products in the world. With over 30 patents and deep R&D capabilities, our innovation and quick-turn capabilities have placed our company at the forefront of the industry. Moreover, following the recent merger of New Energy Systems and Anytone, we expect to benefit from broader resources, greater manufacturing capacity and increased efficiency due to our vertical integration, which will directly benefit our growing customer base of leading OEMs and retailers."
About CES
The International CES is produced by the Consumer Electronics Association (CEA), the preeminent trade association promoting growth in the consumer technology industry. CEA represents more than 2,000 corporate members involved in the design, development, manufacturing, distribution and integration of consumer electronics products. All profits from CES are reinvested into industry services, including technical training and education, industry promotion, engineering standards development, market research and legislative advocacy.
About New Energy Systems Group
New Energy Systems Group is a leading manufacturer and distributor of lithium ion batteries. The company assembles and distributes finished batteries through its sales network and channel partners. The company also sells high-quality lithium-ion battery shell and cap products to major lithium-ion battery cell manufacturers in China. The company's products are used to power mobile phones, MP3 players, laptops, digital cameras, PDAs, camera recorders and other consumer electronic digital devices. Additional information about the company is available at http://www.newenergysystemsgroup.com .
Forward Looking Statements
Except for the historical information, the matters discussed in this news release may contain forward-looking statements, including, but not limited to, factors relating to future sales. These forward-looking statements may involve a number of risks and uncertainties. Actual results may differ materially based on a number of factors, including, but not limited to, uncertainties in product demand, risks related to doing business in China, the impact of competitive products and pricing, changing economic conditions around the world, release and sales of new products and other risk factors detailed in the Company's most recent annual report and other filings with the Securities and Exchange Commission.
For more information, please contact:
Crescendo Communications, LLC
David Waldman or Klea Theoharis
Tel: +1-212-671-1020
Email: info@newenergysystemsgroup.com
