SinoHub, Inc. to Present at Upcoming Investor Conferences: ROTH Capital Partners in Maui, Hawaii and Rodman and Renshaw in New York, NY

Company expects to sell 300,000 phones during Q3, tracking its 1 million goal for 2010

    SANTA CLARA, Calif. and SHENZHEN, China, Aug. 26 /PRNewswire-Asia/ -- SinoHub, Inc. (NYSE Amex: SIHI), an electronics company whose major growth driver is manufacturing and distributing custom, private-label mobile phones for developing countries, today announced that it will present at the ROTH Capital Partners Fall Conference, being held September 1 - 5 at the Grand Wailea Resort Hotel in Wailea, Maui, Hawaii, in addition to the Rodman and Renshaw Annual Global Investment Conference, which will be held in New York City on September 12-15. 
    "We are pleased to have this opportunity to update investors on the progress SinoHub has made," stated Harry Cochran, Chief Executive Officer. "We expect to produce and sell at least 300,000 mobile phones during the third quarter, up 20% from the 250,000 handsets produced in the second quarter. The strong sequential growth we have seen since launching our Virtual Contract Manufacturing (VCM) business earlier this year illustrates the value we offer and the tremendous growth potential of this business. We now have 12 mobile phone distributor customers for our VCM business covering Indonesia, Malaysia, Vietnam and India. We fully expect VCM to grow to more than half of our overall business within the next two years. Our Electronic Component Purchasing (ECP) business is tracking nicely for the third quarter and higher volumes in this business provide purchasing leverage for components used in VCM.  We also expect seasonal growth from our smaller, but high margin SCM business in the second half. With strong growth across each of our businesses, we expect good results for the remainder of the year relative to first half 2010 levels."
    Presentation details are noted below. 


    ROTH Capital Partners Fall Conference
    Date:      Wednesday - Friday, September 1-3, 2010
    Location:  Grand Wailea Resort Hotel, Maui, Hawaii, U.S.A.
    Presenter: Mr. Henry T. Cochran, Chief Executive Officer
               Mr. Douglas P. Menelly, VP, Investor Relations

    Rodman & Renshaw Annual Global Investment Conference
    Date:      Tuesday, September 14, 2010
    Time:      10:50am - 11:15am local time
    Location:  Grand Hyatt, New York, New York, U.S.A.
    Presenter: Mr. Douglas P. Menelly, VP, Investor Relations


    Conference participation for both events is by invitation only, and registration is mandatory.  For more information on the conference events, contact your ROTH Capital Partners representative ( http://www.roth.com ), and your Rodman & Renshaw representative ( http://www.rodmanandrenshaw.com ). 

    About SinoHub, Inc. (NYSE Amex: SIHI)
    SinoHub, Inc., founded in 2000 by veteran entrepreneur Harry Cochran and electronics industry veteran Lei Xia, is an electronics company whose major growth driver is manufacturing and distributing custom private-label mobile phones for developing countries.  The company's success emanates from industry knowledge gained through a proprietary Web-based platform, SinoHub SCM, which services customers of the Electronic Component Purchasing ("ECP") and Supply Chain Management ("SCM") business segments. For more information, visit the Company's Web site at http://www.sinohub.com and the B2B Chips Web site at http://www.b2bchips.com .

    Cautionary Statement Regarding Forward-looking Information
    Some of the statements contained in this press release that are not historical facts constitute forward-looking statements under the federal securities laws. Forward-looking statements can be identified by the use of the words "may," "will," "should," "could," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "intends," "potential," "proposed," or "continue" or the negative of those terms. These statements involve risks known to the Company, significant uncertainties, and other factors, many of which cannot be predicted with accuracy and some of which may not even be anticipated, which may cause actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by those forward-looking statements. Such risks, uncertainties and factors include, but are not limited to, the Company's ability to expand its customer base, the Company's ability to successfully manufacture and distribute competitive products, the Company's the ability to access capital for such expansion, assumptions concerning future economic and competitive conditions and other factors affecting the markets we serve, and other factors detailed from time to time in the Company's filings with the United States Securities and Exchange Commission.  Readers are cautioned not to place undue reliance on these forward-looking statements.  The Company undertakes no obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise.
    Except as required by law, the company assumes no obligation to update any forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future.  For further information on factors which could impact SinoHub and the statements contained herein, see the "Risk Factors" included pursuant to Item 8.01 and Exhibit 99.1 of the company's Current Report on Form 8-K filed with the Securities Exchange Commission on September 28, 2009.  The company assumes no obligation to update and supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise.

    For Additional Information Contact:

    SinoHub, Inc.:
     Susan Liu
     Tel:   +86-755-2661-1080
     Email: susan.liu@sinohub.com

    In the US:
     HC International, Inc.
     Ted Haberfield
     Tel:   +1-760-755-2716
     Email: thaberfield@hcinternational.net