Xodtec LED Announces Appointment of New Chief Financial Officer

Fri Sep 24, 2010 12:40pm EDT

* Reuters is not responsible for the content in this press release.

TAIPEI, Taiwan, Sept. 24, 2010 (GLOBE NEWSWIRE) -- Xodtec LED, Inc. (OTCBB:XODG)
("Xodtec" or the "Company"), a leading Taiwan-based LED lighting solutions and
products provider, announced today that the Company has appointed Yuan-Fu Cheng
as its new Chief Financial Officer.

Mr. Yuan-Fu Cheng previously served as chief financial officer of SiPix Group, a
producer of electronic paper and display solutions, from September 2005 through
July 2010. SiPix is a venture financed company that includes AU Optronics,
Goldman Sachs, BASF, and ING Barings as investors.

From March 2004 to September 2005, Mr. Cheng served as vice president of the
accounting division for Alpha Networks, Inc., a Taiwan-listed company. Mr. Cheng
received his undergraduate degree in accounting from Soochow University and an
executive master's degree in business administration from Tulane University. He
is also certified to serve as an accounting and financial supervisor to
Taiwan-listed companies.

"We are extremely fortunate to have Mr. Cheng join Xodtec as its new Chief
Financial Officer," stated Curtis Su, Chairman and Chief Executive Officer of
Xodtec LED, Inc. "His experience at a venture financed company and also a Taiwan
listed company will elevate the caliber of Xodtec's corporate governance,
financial management and reporting. We are confident that his appointment will
help Xodtec facilitate our future growth."

About Xodtec LED, Inc.

Xodtec is an energy-saving LED lighting solutions provider based in Taiwan.
Xodtec provides high performance and cost-effective energy-saving LED solutions
and lighting products for private companies, public facilities, residential
communities, factories and households, providing optimal energy-saving solutions
that meet today's energy management requirements. Please visit our website
http://www.xodtec.com for detailed company information.

The Xodtec Group USA, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7143

Forward-looking statements:

The above news release contains forward-looking statements. The statements
contained in this document that are not statements of historical fact, including
but not limited to, statements identified by the use of terms such as
"anticipate," "appear," "believe," "could," "estimate," "expect," "hope,"
"indicate," "intend," "likely," "may," "might," "plan," "potential," "project,"
"seek," "should," "will," "would," and other variations or negative expressions
of these terms, including statements related to expected market trends and the
Company's performance, are all "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995 and involve a number of
risks and uncertainties. These statements are based on assumptions that
management believes are reasonable based on currently available information, and
include statements regarding the intent, belief or current expectations of the
Company and its management. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future performances, and are
subject to a wide range of external factors, uncertainties, business risks, and
other risks identified in filings made by the company with the Securities and
Exchange Commission. Actual results may differ materially from those indicated
by such forward-looking statements. The Company expressly disclaims any
obligation or undertaking to update or revise any forward-looking statement
contained herein to reflect any change in the company's expectations with regard
thereto or any change in events, conditions or circumstances upon which any
statement is based.

CONTACT: Xodtec LED, Inc.
         Ethan Chang
         011-886-2-2228-6276
         ethan.chang@xodtec.com
         http://www.xodtec.com
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