Adds Significant Wall Street and Financial Management Experience
LOS ANGELES and SHENZHEN, CHINA, Nov. 3 /Xinhua-PRNewswire/ -- SinoHub, Inc. (OTC Bulletin Board: SIHI), a Los Angeles-based holding company whose primary asset is SinoHub Electronics Shenzhen Limited in the People's Republic of China, today announced the appointment of Charles T. Kimball to its board of directors.
Kimball, 63, is currently the chief research consultant for Bosera Fund Management Co., Ltd., one of the first mutual fund companies established in China, where he advises senior management on best practices in asset management and investment research. Kimball held a near 30-year career with JP Morgan and related entities, where among his roles, he served as head of international investments for the Multi-Markets Funds Group at JP Morgan Asset Management; head of investment research at Morgan Trust Bank in Tokyo; and equity analyst at Morgan Guaranty Trust, covering the electrical equipment and electronics industries, including electronic component distribution companies.
Kimball received a bachelor's degree with honors in economics from Harvard University and an MBA from Stanford University Graduate School of Business. He recently received a certificate in environmental economics, management and finance from the Center for Environment Research and Conservation (CERC) at Columbia University.
"I am delighted to welcome Charlie to our board of directors," said Harry Cochran, chief executive officer of SinoHub. "His knowledge of finance and of our sector will serve us well as SinoHub continues to demonstrate the significant value that our proprietary electronic component supply chain management platform brings to the large and rapidly growing electronics market in China."
"SinoHub is currently operating in a very large, dynamic industry with many opportunities for meaningful, near- and long-term growth," Kimball said. "I look forward to working closely with the board and senior management team as SinoHub continues to build momentum and further develops as a publicly traded company in the U.S."
About SinoHub
SinoHub, Inc., founded in 2000 by veteran entrepreneur Harry Cochran and electronic component industry veteran Lei Xia to facilitate the electronics revolution in China, provides world-class supply chain management services with transparent information access for participants in the electronic components supply chain in China. For more information, visit the company's Web site at http://www.sinohub.com .
Cautionary Statement Regarding Forward-looking Information
The statements contained in this press release that are not historical facts are forward-looking statements under the federal securities laws. Such statements include, but are not limited to the company's ability to demonstrate the value of its SCM platform, take advantage of current marketplace opportunities, and other statements made from time to time in filings. Forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Actual outcomes and results may differ materially from what is expressed in, or implied by, such forward-looking statements. SinoHub undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
For more information, please contact:
SinoHub, Inc.
Nicole Cheung
Tel: +86-755-2661-1080
Email: nicole@sinohub.com
In the U.S.:
PondelWilkinson Inc.
Laurie Berman/Angie Yang
Tel: +1-310-279-5980
Email: investor@pondel.com
