Mr. Weihe "Jack" Yu, Chairman of New Energy, commented, "I am excited and looking forward to New Energy presenting at the Global Hunter Securities conference as part of our expanded effort to raise awareness within the U.S. investment community. This is our first U.S. investment conference, and we look forward to highlighting New Energy’s expansion plans and future prospects as well as our strong financial performance."
The presentation will be broadcast live via the internet. The live broadcast will include slides and an audio webcast, which can be accessed from the investor relations section of the Company’s website: http://www.newenergysystems.com . A replay will be available within one hour of the live presentation and will remain available for 90 days following the conference.
Global Hunter Securities, LLC is a full service investment bank focusing on middle market corporate and institutional clients around the world. They provide insightful equity research, innovative capital raising and financial advisory services supported by a sales and trading staff with world-wide reach. Global Hunter has offices in Los Angeles, New York, Houston, New Orleans, Newport Beach, Dallas/Ft. Worth and Hong Kong, as well as a strong presence and reputation in mainland China.
New Energy Systems Group is a vertically integrated original design manufacturer and distributor of lithium ion batteries and backup power systems for mobile phones, laptops, digital cameras, MP3s and a variety of other portable electronics. The company’s end-user consumer products are sold under the Anytone brand in China, and the company has begun expanding its international sales efforts.
The fast pace of new mobile device introductions in China combined with a growing middle class make it fertile ground for New Energy’s end-user consumer products as well as its high-powered, lightweight lithium ion batteries. In addition to historically strong organic growth, New Energy anticipates that it will benefit from economies of scale, broader distribution, greater production capacity and higher profit margins in 2010.