SHENZHEN, China, Nov. 10 /Xinhua-PRNewswire-FirstCall/ -- Diguang International Development Co., Ltd. (OTC Bulletin Board: DGNG) (the "Company" or "Diguang") will be participating in the 72nd CEF Shanghai Show from Nov. 12th to 15th.
(Logo: http://www.prnasia.com/xprn/sa/200708301921.JPG )
Products on display at Diguang's booth W2-2AG9 in the Shanghai New International Expo Center will include CCFL and LED backlights, LED general lighting products and the Company's new line of mini-notebooks or
"mini-books."
"Our core engineering know-how in backlights, which are among the most cost-intensive components in any computer, allows us to bring a very
cost-competitive mini-book product to market. We have been very pleased by the reception our mini-books have received at recent trade shows," commented Diguang's President, Song Yi. "Our commitment to commercializing higher value-added electronic solutions will be on display again at this year's CEF Shanghai show, encompassing a wide range of our backlight products, our innovations in LED general lighting and our ultra-portable, full-featured mini-books."
Mini-notebooks are an emerging category of mobile computing devices with screen sizes between 5 inches and 10 inches, which run a full version of such operating systems as Windows XP or Linux. According to Gartner, Inc., worldwide mini-notebook shipments are on pace to reach 5.2 million units in 2008, with 8 million units in 2009 and as many as 50 million units expected to ship in 2012. LEDinside projects that the penetration rate of mini-books featuring LED backlights will be as high as 60.3% in 2010 as computer OEMs seek to make their notebooks lighter, thinner and more energy-efficient. LED backlight is more environmentally friendly with energy saving advantages, and has a smaller frame compared to CCFL products, which will enhance the mobility of the notebook and strengthen its future demand.
About CEF Shanghai
Since its debut in 1964, CEF has been one of the most important electronics trade shows in China and the only one fully supported by China's Ministry of Information Industry and the Ministry of Commerce. More information about the CEF Shanghai show is available at: http://www.icef.com.cn/fall_eng/index.shtm
About Diguang International Development Co., Ltd.
Diguang, through its subsidiaries, specializes in the research, development, production, sale and distribution of backlights and backlight technologies. A backlight is the typical light source of a liquid crystal display (LCD). The Company is focused on providing LED and CCFL backlights for international producers of televisions, monitors, cellular phones, digital cameras, DVDs and other home appliances. Diguang currently develops an average of approximately 50 new products per month. The Company also develops energy-saving technologies and solutions for rapidly growing LED general lighting markets. Diguang is a Nevada corporation with its manufacturing subsidiary located in Shenzhen, PRC, and its sales and marketing subsidiary located in the British Virgin Islands.
Safe Harbor Statements
This press release contains forward-looking statements made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward looking statements are based upon the current plans, estimates and projections of Diguang's management and are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: results of the Company's mini-notebook and LED general lighting growth initiatives, results of Company participation in trade shows, general business conditions in the Company's industry, business conditions in China, weather and natural disasters, changing interpretations of generally accepted accounting principles; outcomes of government reviews; inquiries and investigations and related litigation; continued compliance with government regulations; legislation or regulatory environments, requirements or changes adversely affecting the businesses in which Diguang is engaged; fluctuations in customer demand; management of rapid growth; intensity of competition from other providers of backlights and general lighting products; timing approval and market acceptance of new product introductions; general economic conditions; geopolitical events and regulatory changes, as well as other relevant risks, including but not limited to risks outlined in the Company's periodic filings with the U.S. Securities and Exchange Commission. Diguang does not assume any obligation to update the information contained in this press release.
For more information, please contact:
Viola Tse, Investor Relations
Diguang International Development Co., Ltd.
Tel: +1-626-593-5486
Investor Relations Contact:
Sean Collins, Senior Partner
CCG Investor Relations
Tel: +1-310-477-9800 x202
Web: http://www.ccgirasia.com
