BEIJING, Jan. 2 /PRNewswire-Asia/ -- Sino-Global Shipping America, Ltd. (Nasdaq: SINO) ("Sino-Global"), a leading, non-state-owned provider of shipping agency services operating primarily in China, today announced the appointment of Mr. He Yi Min as chief technical officer, effective January 1, 2009. As chief technical officer, Mr. He will direct standards formulation, process optimization, quality assurance and a number of other technical areas.
"Our commitment to investing in top talent enables us to offer a comprehensive set of consistently high-quality shipping agency services even as we expand the geographical reach of our business," said Mr. Cao Lei, Sino-Global's chief executive officer. "Mr. He's decades of experience solving complex shipping process challenges make him the ideal choice to build out and refine the technical processes and standards that help differentiate our services from those of our competitors. We look forward to his contributions, which we expect will solidify our position as one of the most cost-effective solutions on the market as we work to streamline the shipping process for our clients."
Mr. He has over 36 years of experience in the shipping industry and has worked with Sino-Global since June 2007. Prior to joining Sino-Global, Mr. He was the deputy general manager of China United Tally Co., Ltd, a holding subsidiary of COSCO Group from 2004 to 2007, general manager of Huanyang Freight Forwarding Co., Ltd, a subsidiary of COSCO Logistics (Qingdao) from 2003 through 2004 and assistant to General Manager of COSCO Logistics from 2001 to 2003. Mr. He worked for 30 years with Penavico Qingdao, a branch of COSCO Logistics, a state-owned shipping agency established in 1953, most recently as manager of the shipping department. Before that, he held several other positions at Penavico Qingdao, including marketing manager, deputy manager and operator. Mr. He graduated from Shandong Economic Management Personnel Institute with a major in economic management.
About Sino-Global Shipping America, Ltd.
Registered in the United States in 2001 and operating primarily in Mainland China, Sino-Global is a leading, non-state-owned provider of high-quality shipping services. With local branches in six of China's 76 ports and contractual arrangements in all those where it does not have branch offices, Sino-Global is able to offer efficient, high-quality services to shipping companies entering Chinese ports. With a subsidiary in Perth, Australia, where it has a contractual relationship with a local shipping agency, Sino-Global provides complete shipping agent services to companies involved in trades between Chinese and Australian ports. Sino-Global also operates a subsidiary in Hong Kong, China, to provide comprehensive shipping agent services to vessels going to and from one of the world's busiest ports.
Sino-Global provides ship owners, operators and charters with comprehensive yet customized shipping services including intelligence, planning, real-time analysis and on-the-ground implementation and logistics support. Sino-Global has achieved both ISO9001 and UKAS certifications.
Forward Looking Statements
No statement made in this press release should be interpreted as an offer to purchase any security. Such an offer can only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws. Any statements contained in this release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties as identified in Sino-Global's filings with the Securities and Exchange Commission. Actual results, events or performance may differ materially. Readers are cautioned not to place undo reliance on these forward-looking statements, which speak only as the date hereof. Specifically, Sino-Global cannot guarantee that the appointment of Mr. He mentioned herein will be in anyway beneficial to Sino-Global's operations or financial results. Sino-Global undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
For investor and media inquiries, please contact:
Ms. Apple Liang
Sino-Global, Beijing
Tel: +86-10-6439-1888
Email: ir@sino-global.net
Ms. Flora Tian
Ogilvy Financial, Beijing
Tel: +86-10-8520-6524
Email: Flora.Tian@ogilvy.com
