Diguang International Reports Opportunities in LED Technologies from the CES Show
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Diguang International Reports Opportunities in LED Technologies from the CES
Show
SHENZHEN, China, Jan. 22 /Xinhua-PRNewswire/ -- Diguang International
Development Co., Ltd. (OTC Bulletin Board: DGNG) ("Diguang"), an emerging,
China-based leader in the manufacture of CCFL and LED backlights for the LCD
display industry, today reported that during the 2008 CES Show, its LED
general lighting and flat panel lighting (FPL) products drew especially high
levels of attention from attendees. At CES, held January 7-10 at the Sands
Expo, Las Vegas, the Company displayed backlight products for a wide variety
of applications.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070830/CNTH005LOGO )
The Company's initiatives in LED general lighting and flat-panel lighting
anticipate what management sees as a long-term industry and consumer trend
away from mercury-laded CCFL technologies.
"Diguang has developed proprietary designs for its general lighting
products, with characteristics such as low power consumption, environmentally
friendly composition with no mercury content, and longer lifetime," commented
Diguang's Chairman and CEO, Song Yi. "By applying backlight technologies in
innovative ways and providing 'green' products to the public, Diguang has the
opportunity to transform itself from a manufacturer behind the scenes into a
household brand name."
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. 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: uncertainties related to new products, 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; 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 filings on Forms 10K and 10Q and other
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:
Company Contact:
T.C. Shen, Assistant to the President
Diguang International Development Co., Ltd.
Tel: +1-626-593-5486
Investor Relations Contact:
Sean Collins, Senior Partner
CCG Elite
Tel: +1-310-477-9800 x202
SOURCE Diguang International Development Co., Ltd.
Company Contact - T.C. Shen, Assistant to the President of Diguang
International Development Co., Ltd., +1-626-593-5486; or Investor Relations
Contact - Sean Collins, Senior Partner of CCG Elite, +1-310-477-9800 x202, for
Diguang
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