BEIJING, July 20 /Xinhua-PRNewswire-FirstCall/ -- Telestone Technologies Corporation Ltd. (“Telestone”) (Nasdaq: TSTC), a leading developer and provider of wireless communication coverage solutions based in the People’s Republic of China, today announced that it has appointed FD, a leading business communications consultancy, as its global investor relations (“IR”) agency.
FD’s advisors in Beijing and New York will work closely with Telestone to develop and implement IR communications strategies through ongoing IR consultancy services. FD will also help refine the Company’s IR infrastructure, which will be further supported by a New York based point of contact for the investment community.
Commenting on the appointment, Mr. Han Daqing, CEO of Telestone, remarked:
“As a publicly listed NASDAQ company, we understand the importance of our investors as key stakeholders in Telestone and are making the investment in our investor relations by retaining FD, a specialist in global capital markets communications. Telestone and FD will work together to properly position Telestone to the financial community and promote seamless communication between our company and its current and prospective investors.”
About Telestone Technologies Corporation
Telestone provides wireless communications coverage solutions primarily in the PRC. These solutions include products such as repeaters, antennas and radio accessories. Telestone also provides services that include project design, project management, installation, maintenance and other after-sales services. Telestone currently has approximately 556 employees. Additional information on the Company can be found at http://www.telestonecorp.com .
About FD
One of the most highly regarded consultancies in the communications industry, FD employs more than 550 staff and advises more than 750 clients worldwide through its hub offices in London and New York, as well as its network of wholly-owned offices in Boston, Chicago, San Francisco, and Washington, D.C. in the US, as well as Bahrain, Beijing, Cape Town, Dubai, Dublin, Frankfurt, Hong Kong, Johannesburg, Manchester, Moscow, Paris, and Stockholm. With a 20 year history of advising clients in both the private and public sectors, FD’s services include financial public relations, investor relations, public affairs, crisis and issues management and corporate, business-to-business and business-to consumer communications. FD is also a market leader in M&A advisory work. FD is structured around specialist sector teams operating on an international basis, covering consumer industries, financial services, basic industries, business services, life sciences & healthcare, media, technology and telecommunications. FD is a division of FTI Consulting Inc. For more information, please visit http://www.fd.com .
Statements about the Company’s future expectations, including future revenue and earnings and all other statements in this press release, other than historical facts, are "forward-looking" statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time. The Company’s actual results could differ materially from expected results. In reflecting subsequent events or circumstances, the Company undertakes no obligation to update forward-looking statements.
For further information contact:
Telestone Technologies Corporation Ltd.
Todd Lu Qiang Li
Tel: +86-10-8367-0088 x1201
Email: liluqiang@telestone.com
Sissi Wang
Tel: +86-10-8367-0088 x1203
Email: wangxiaolin@telestone.com
FD Beijing
Julian Wilson
Tel: +86-10-5811-1902
Email: Julian.Wilson@fd.com
FD New York
Peter Schmidt
Tel: +1-212-850-5654
Email: peter.schmidt@fd.com
