Global-Tech Appliances Announces That Its Fiscal 2008 Report on Form 20-F is Available on Its Website
HONG KONG--(Business Wire)--
Global-Tech Appliances Inc. (NYSE:GAI) today announced that the
Company's annual report on Form 20-F for the fiscal year ended March
31, 2008 has been filed with the U.S. Securities and Exchange
Commission and is available on its website
(http://www.global-webpage.com). Shareholders may also obtain a hard
copy of such report free of charge by writing to the Company's Hong
Kong headquarters at:
Investor Relations
Global-Tech Appliances Inc.
12/F., Kin Teck Industrial Building
26 Wong Chuk Hang Road
Aberdeen, Hong Kong
Tel.: (852) 2814-0601
Fax: (852) 2873-0591
Global-Tech Appliances Inc. is a holding company, owning
subsidiaries that manufacture and market floor care products and small
household appliances. These products are marketed by customers under
brand names such as DeLonghi(R), Dirt Devil(R), Domo(R),
Electrolux(R), Eureka(R), Hamilton Beach(R) and Sunbeam(R). Its
subsidiaries also manufacture, market, sell, and distribute electronic
components primarily to companies based in China and other products to
the China market, which are marketed by customers under brand names
such as BBK(R), Konka(R) and TCL(R).
Except for historical information, certain statements contained
herein are forward-looking statements that are made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform Act
of 1995. Words such as "expects," "anticipates," "intends," "plans,"
"believes," "seeks," "should," "estimates," or variations of such
words and similar expressions are intended to identify such
forward-looking statements. These forward-looking statements are
subject to risks and uncertainties, including but not limited to, the
impact of competitive products and pricing, demand for new and
existing products in our core business, the financial condition of the
Company's customers, product demand and market acceptance especially
of our new products, the success of new product development especially
in the area of cellular phone components and solutions, compact camera
modules and other pending projects, reliance on material customers,
suppliers and key strategic alliances, the terms and conditions of
customer contracts and purchase orders, availability and cost of raw
materials, the timely and proper execution of certain business plans,
including the plan to diversify and transform a portion of
manufacturing capacity to higher-value, technology-oriented products,
currency fluctuations, including the revaluation of the Chinese
Renminbi, the imposition by China's trading partners of economic
sanctions and/or protective tariffs on Chinese manufactured goods,
uncertainties associated with investments, the regulatory environment,
fluctuations in operating results, the impact of changing global,
political and economic conditions and other risks detailed from time
to time in the Company's filings with the U.S. Securities and Exchange
Commission including its most recent Report on Form 20-F. The Company
does not undertake to update its forward-looking information, or any
other information contained or referenced in this press release to
reflect future events or circumstances.
Global-Tech USA, Inc.
Brian Yuen, 212-683-3320
Web Page: http://www.businesswire.com/cnn/gai.shtml
Copyright Business Wire 2008
