SANTA CLARA, Calif. and SHENZHEN, China, May 10 /PRNewswire-Asia/ -- SinoHub, Inc. (NYSE Amex: SIHI), a leading electronics company in the People's Republic of China currently engaged in electronic component sales, private-label mobile phone manufacturing and sales, and electronic component supply chain management (SCM) services, announced today it will release its first quarter 2010 financial results on Monday, May 17, 2010 before the market open. In conjunction, the Company will host a conference call to discuss these results on the same day, May 17, 2010.
The conference call will take place at 9:30 a.m. ET on Monday, May 17, 2010. Interested participants should call 1-877-941-2068 when calling within the United States or 1-480-629-9712 when calling internationally.
A playback will be available through May 24, 2010. To listen, please call 1-800-406-7325 within the United States or 1-303-590-3030 when calling internationally. Utilize the pass code 4299945 for the replay.
This call is being webcast by ViaVid Broadcasting and can be accessed by clicking on this link http://viavid.net/dce.aspx?sid=00007553 , or visiting ViaVid's website at http://www.viavid.net , where the webcast can be accessed through May 24, 2010.
About SinoHub, Inc.
SinoHub, Inc. is a leading electronics company in the People's Republic of China currently engaged in three business segments: electronic component sales, electronics product manufacturing and sales, and electronic component supply chain management (SCM) services. The Company's electronic component sales unit includes procurement-fulfillment and spot electronic component sales to manufacturers and design houses. The Company's product manufacturing and sales unit is currently focused on providing custom, private label mobile phones to developing countries. SinoHub's SCM business includes warehousing, delivery and import/export services incorporating SinoHub SCM, a proprietary, web-based software platform that gives its customers total transparency in their supply chains. SinoHub, founded in 2000 by veteran entrepreneur Harry Cochran and electronics industry veteran Lei Xia to play a part in the electronics revolution in China, conducts substantially all of its operations through its wholly-owned subsidiary SinoHub Electronics Shenzhen Limited in the People's Republic of China and its wholly-owned B2B Chips subsidiary in Hong Kong. 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 ability to access capital for such expansion, assumptions concerning future economic and competitive conditions 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, please contact:
SinoHub, Inc.:
Falicia Cheng
Tel: +86-755-2661-1080
Email: falicia@sinohub.com
In the US: HC International, Inc.
Ted Haberfield
Tel: +1-760-755-2716
Email: thaberfield@hcinternational.net
