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Tongxin International Ltd. to Present at the Rodman & Renshaw Annual Global Investment Conference in New York City on November 11, 2008 at 5:20 p.m. ET

Tongxin International Ltd.
2008-10-24 21:45 2254

NEW YORK and CHANGSHA, China, Oct. 24 /Xinhua-PRNewswire-FirstCall/ -- Tongxin International Ltd. (Nasdaq: TXIC), a China-based manufacturer of engineered vehicle body structures (EVBS) for China's domestic and export commercial vehicle and SUV industries, today announced that the Company will present at the Rodman & Renshaw Annual Global Investment Conference on Tuesday, November 11th 2008. The Conference will be held on November 10th-12th, 2008 at New York Palace Hotel in New York City.

The Company's presentation will take place in the Henry Salon (5th Floor) at 5:20 p.m. ET and management will participate in one-on-one meetings with analysts and investors throughout the three-day event. Mr. Rudy Wilson, CEO and Mr. William Zielke, Interim-CFO, will present on behalf of the Company.

Management will discuss the Company's performance to date, its current business segments, customer base, and sales channels throughout China plus update investors on acquisition targets.

Participation is by invitation and registration is mandatory. For more information on the conference, contact your Rodman & Renshaw representative or visit http://www.RodmanandRenshaw.com .

About Rodman & Renshaw

Rodman & Renshaw Capital Group, Inc., (Nasdaq: RODM) through its subsidiaries, engages in investment banking business. It offers corporate finance services focusing on various public and private equity products, which include private investment in public equity, registered direct offerings, private placements, and public offerings, as well as provides Collateralized Acquisition Pool, a product used to facilitate a targeted acquisition. The company also provides strategic advisory services, which include identifying and evaluating acquisition targets or acquirers; providing valuation analyses; evaluating and proposing financial and strategic alternatives; rendering fairness opinions; advising on timing, structure, and pricing of transaction; assisting in negotiating and closing a transaction; advising on the sale process; and assisting in preparing a memorandum or other sales materials. In addition, it provides merchant banking and asset management services. The company is headquartered in New York, New York.

About Tongxin International Ltd.

Tongxin International Ltd., is the largest independent OEM supplier of EVBS in China. The Company is capable of providing EVBS for both the commercial vehicle and light vehicle market segments, in addition to designing, fabricating and testing dies used in the manufacturing process. EVBS consists of exterior body panels including doors, floor pans, hoods, side panels and fenders. Tongxin services more than 130 commercial vehicle manufacturers in China and select export markets.

Forward-looking Statements

Statements contained in this press release, which are not historical fact, including the anticipated date of listing of the Class A Common Stock on the NASDAQ Global Market, constitute "Forward-Looking Statements." Actual results may differ materially due to numerous important factors that are described in Tongxin International's most recent report to the SEC on Form 6-K, which may be revised or supplemented in subsequent reports to the SEC. Such factors include, among others, the cost and timing of implementing restructuring actions, the Company's ability to generate cost savings or manufacturing efficiencies to offset or exceed contractually or competitively required price reductions or price reductions to obtain new business, conditions in the automotive industry, and certain global and regional economic conditions. Tongxin International does not intend or assume any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.

For more information, please contact:

John Mattio

SVP, HC International, Inc.

Tel: +1-914-669-5340

Email: john.mattio@hcinternational.net

Source: Tongxin International Ltd.
Keywords: Auto
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