omniture

SinoHub Retains Hayden Communications as Corporate Communications Advisor

2010-03-02 21:40 1566

SANTA CLARA, Calif. and SHENZHEN, China, March 2 /PRNewswire-Asia/ -- SinoHub, Inc. (NYSE Amex: SIHI) today announced that it has retained HC International, Inc. as its strategic investor relations advisor to assist the Company in broadening its presence in the financial markets while helping investors gain a better understanding of SinoHub's core business, growth plans and financial attributes. Matthew Hayden, Ted Haberfield, and the rest of the HC International team, will be advising the Company in all facets of corporate and financial communications.

"The team at HC International is well-respected and has a proven track record of representing successful China-based, US-listed companies. Through our efforts to increase and improve our corporate communications, we have selected HC International to provide us with strategic investor relations services," said Harry Cochran, SinoHub's chief executive officer. "We are confident that HC International will help us to proactively convey our business model, growth strategy, competitive advantages, and value proposition to the investment community at large, while helping us to optimize our corporate transparency to both shareholders and public investors alike."

"We are impressed with SinoHub's achievements to date, including its ability to implement a differentiated business model through its proprietary supply chain and electronics sourcing platform, which offers a strong value proposition and generates recurring, predictable revenues. The Company has a dedicated, experienced management team and has built a marquee customer base, including several of the largest electronic components distributors in the world. To accelerate future growth, SinoHub has launched a new virtual contract manufacturing business, which is initially seeking to provide custom mobile phone production for customers targeting underserved markets such as Indonesia, Malaysia, Vietnam and India," said Matthew Hayden, President of HC International Inc. "We look forward to developing a comprehensive investor communications and marketing strategy to further expand SinoHub's investor audience in each segment of the financial community."

About HC International, Inc.

HC International, Inc. is a premier China information resource for institutional investors, hedge funds, independent portfolio managers, buy and sell-side analysts, small to large retail brokerage firms and accredited individual investors. HC International will leverage its recognized investment community relationships to help capitalize on their clients' key business attributes, while helping management to articulate its future growth opportunities. Additionally, the firm will extend their clients' investor awareness programs, shareholder communications and coordinate introductions to key industry and sell-side analysts as part of a comprehensive IR program.

About SinoHub

SinoHub, Inc., founded in 2000 by veteran entrepreneur Harry Cochran and electronic component industry veteran Lei Xia to play a part in 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. SinoHub 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, which offers virtual contract manufacturing and currently focuses on the mobile phone market. 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. Readers are cautioned not to place undue reliance on these forward-looking statements.

For more information, please contact:

SinoHub, Inc.:

Falicia Cheng

Tel: +86-755-2661-1080

Email: falicia@sinohub.com

In the U.S.:

HC International, Inc.

Ted Haberfield

Tel: +1-760-755-2716

Email: thaberfield@hcinternational.net

Source: SinoHub, Inc.
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