AMEX:NEWN

New Energy Systems Group Establishes $9.2 Million in Short Term Credit Lines with Chinese Asset Management Firms

SHENZHEN, China, April 27, 2011 /PRNewswire-Asia/ -- New Energy Systems Group (NYSE Amex: NEWN) ("New Energy" or the "Company"), a vertically-integrated original design manufacturer and distributor of lithium ion batteries and consumer branded backup power systems, has established two separate credi...

2011-04-27 20:00 645

Senior Management of New Energy Commits to Personally Buying Approximately $1 Million of Stock via Open Market Purchases

SHENZHEN, China, April 1 /PRNewswire-Asia/ -- New Energy Systems Group (NYSE Amex: NEWN) ("New Energy" or the "Company"), a vertically integrated original design manufacturer and distributor of lithium ion batteries and backup power systems, today announced that the Company's senior management team ...

2011-04-01 21:00 686

New Energy Systems Group Reports 2010 Results; Revenues rise 259% to $94.7 Million, Adjusted EPS of $1.46 Beats Estimates

-- Anytone(R) portable power product sales increase 75% to $42.5 million for the year -- Core battery segments contributed 84% of total revenue -- Company generates $21.5 million in cash from operations -- 2011 Guidance: $130 to $135 million in revenues, adjusted net income of $24.5 to $25.5 mill...

2011-03-29 18:33 594

New Energy Systems Group's Change in Board of Directors

Fushun Li steps down as Nian Chen, CEO of New Energy Systems, assumes Board Seat SHENZHEN, China, March 25, 2011 /PRNewswire-Asia-FirstCall/ -- New Energy Systems Group (NYSE Amex: NEWN) ("New Energy" or the "Company"), a vertically integrated original design manufacturer and distributor of lithium...

2011-03-25 18:00 677

New Energy Systems Group Confirms SAIC Filings

Chairman and CFO Reviewed and Verified Accuracy of 2008 Filings in SAIC Shenzhen Office and Confirmed that 2009 Filings Have Been Submitted SHENZHEN, China, March 23, 2011 /PRNewswire-Asia/ -- New Energy Systems Group (NYSE Amex: NEWN) ("New Energy" or the "Company"), a vertically-integrated origin...

2011-03-23 18:00 669

New Energy Systems to Host Full Year 2010 Financial Results Conference Call at 9:00 a.m. ET on Tuesday, March 29, 2011

SHENZHEN, China, March 22, 2011 /PRNewswire-Asia/ -- New Energy Systems Group (NYSE Amex: NEWN) ("New Energy" or the "Company"), a vertically integrated original design manufacturer and distributor of lithium ion batteries and backup power systems, today announced that it will hold its full year 201...

2011-03-22 00:09 1025

New Energy Systems Group to Present at the Rodman & Renshaw Annual China Investment Conference to be Held March 6-8

SHENZHEN, China, Feb. 24, 2011 /PRNewswire-Asia/ -- New Energy Systems Group (NYSE Amex: NEWN) ("New Energy" or the "Company"), a vertically-integrated original design manufacturer and distributor of lithium ion batteries and mobile power systems, today announced that it will present at the Rodman &...

2011-02-24 21:00 999

New Energy Systems Group Expands MeePower® Model Offering in China Unicom Kiosks

Company Now Has Five Models Offered in 39 China Unicom Kiosks SHENZHEN, China, Jan.. 27, 2011 /PRNewswire-Asia/ -- New Energy Systems Group (NYSE Amex: NEWN) ("New Energy" or the "Company"), a vertically-integrated original design manufacturer and distributor of lithium ion batteries and mobile pow...

2011-01-27 21:00 1052

New Energy Systems Group Attends 2011 Consumer Electronics Show (CES) in Las Vegas, January 6-9

SHENZHEN, China, Jan. 6, 2011 /PRNewswire-Asia-FirstCall/ -- New Energy Systems Group (NYSE Amex: NEWN) ("New Energy" or the "Company"), a vertically integrated original design manufacturer and distributor of lithium ion batteries and backup power systems, today announced that Anytone International ...

2011-01-06 20:00 817

New Energy Systems Group Increases 2010 Adjusted EPS Guidance from $1.23 to $1.40

- 2010 revenue guidance increased from $88.0 million to $95.0 million - 2010 adjusted net income guidance increased from $15.6 million to $18.0 million SHENZHEN, China, Dec. 8, 2010 /PRNewswire-Asia-FirstCall/ -- New Energy Systems Group (NYSE Amex: NEWN) ("New Energy" or the "Company"), a vertica...

2010-12-08 21:00 987

New Energy Systems Group Reports 236% Increase in Revenue for the Third Quarter of 2010

-- All business segments experienced organic revenue growth -- Pro forma revenues increased 53% year to date -- Generated $11.5 million in cash from operations year to date -- Non-GAAP adjusted EPS increased 24.2% in Q3, despite higher share count and higher tax rate -- Company expects to excee...

2010-11-16 19:00 769

New Energy Acquires Kim Fai Solar Energy Technology Co. Ltd. for $24.0 Million in Stock and Seller Note

Acquisition expands New Energy's Anytone(R) and New Power product segments Expected to be accretive to earnings Acquisition price is 4.8x projected 2011 net income Forecasted to generate $24.0 million of revenue and $5.0 million of net income in 2011 SHENZHEN, China, Nov. 12, 2010 /PRNewswire-As...

2010-11-12 21:00 796

New Energy Systems to Host Third Quarter 2010 Financial Results Conference Call at 9:00 a.m. ET on Tuesday, November 16, 2010

SHENZHEN, China, Nov. 11, 2010 /PRNewswire-Asia/ -- New Energy Systems Group (NYSE Amex: NEWN) ("New Energy" or the "Company"), a vertically integrated original design manufacturer and distributor of lithium ion batteries and backup power systems, today announced that it will hold its third quarter ...

2010-11-11 21:00 777

New Energy Systems Group Announces Presentations at Upcoming Investor Conferences

SHENZHEN, China, Nov. 10, 2010 /PRNewswire-Asia/ -- New Energy Systems Group (NYSE Amex: NEWN) ("New Energy" or the "Company"), a vertically integrated original design manufacturer and distributor of lithium ion batteries and backup power systems, announced today that the Company will be presenting ...

2010-11-10 21:00 569

New Energy Systems Group Retains HC International as Investor Relations Advisor

SHENZHEN, China, Nov. 3, 2010 /PRNewswire-Asia-FirstCall/ -- New Energy Systems Group (NYSE Amex: NEWN) ("New Energy" or the "Company"), a vertically integrated original design manufacturer and distributor of lithium ion batteries and backup power systems, today announced it has retained HC Internat...

2010-11-03 20:00 905

New Energy Systems Group Promotes MeePower(TM) Brand at Three Electronics Trade Shows

NEW YORK and SHENZHEN, China, Nov. 1, 2010 /PRNewswire-Asia-FirstCall/ -- New Energy Systems Group (NYSE Amex: NEWN)("New Energy" or the "Company"), a vertically integrated original design manufacturer and distributor of lithium ion batteries and backup power systems, announced its participation in ...

2010-11-01 20:00 927

New Energy Systems Group Reaffirms 2010 Guidance and Comments on Favorable Outlook for 2011

NEW YORK and SHENZHEN, China, Sept. 23 /PRNewswire-Asia/ -- New Energy Systems Group (NYSE AMEX: NEWN) ("New Energy" or the "Company"), a vertically integrated original design manufacturer and distributor of lithium ion batteries and backup power systems, today reaffirmed revenue guidance of at leas...

2010-09-23 20:00 1248

New Energy Systems Group to Present at the Rodman & Renshaw Annual Global Investment Conference in New York

NEW YORK and SHENZHEN, China, Sept. 8 /PRNewswire-Asia-FirstCall/ -- New Energy Systems Group (NYSE Amex: NEWN) ("New Energy" or the "Company"), a vertically integrated original design manufacturer and distributor of lithium-ion batteries and backup power systems, today announced that it will be...

2010-09-08 20:00 717

New Energy Systems Group Announces Plans to Produce Full Line of Backup Power Systems and Accessories for Apple's Mobile Digital Devices

New Product Line to Launch Under the Company's MeePower(TM) Brand NEW YORK and SHENZHEN, China, Sept. 7 /PRNewswire-Asia-FirstCall/ -- New Energy Systems Group (NYSE Amex: NEWN) ("New Energy"), a vertically integrated original design manufacturer and distributor of lithium-ion batteries and backup ...

2010-09-07 20:00 1273

New Energy Systems Group Announces Planned Launch of MeePower(TM) Brand in the U.S.

Major Leap Forward in Battery Backup Technology for Portable Electronic Devices NEW YORK and SHENZHEN, China, Aug. 26 /PRNewswire-Asia-FirstCall/ -- New Energy Systems Group (NYSE Amex: NEWN)("New Energy"), a vertically integrated original design manufacturer and distributor of lithium-ion batterie...

2010-08-26 20:00 1349
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