China Precision Steel Announces Conference Call to Discuss Second Quarter 2008 Results

China Precision Steel Announces Conference Call to Discuss Second Quarter 2008
Results

SHANGHAI, China, Feb. 16 /Xinhua-PRNewswire-FirstCall/ -- China Precision
Steel (Nasdaq: CPSL), a niche precision steel processing company principally
engaged in producing and selling high precision cold-rolled steel products,
today announced that it will conduct a conference call at 9:00 a.m. Eastern
Time on Tuesday, February 19, 2008 to discuss the second quarter fiscal 2008
results.
Joining Dr. Wo Hing Li, Chairman and Chief Executive Officer of China
Precision Steel, will be Ms. Leada Li, Chief Financial Officer.
To participate in the live conference call, please dial the following
number five to ten minutes prior to the scheduled conference call time: 800-
688-0796. International callers should dial 617-614-4070. When prompted by the
operator, mention Conference Passcode 414 930 33.
If you are unable to participate in the call at this time, a replay will
be available for fourteen days starting on Tuesday, February 19, 2008 at 11:00
a.m. Eastern Time. To access the replay, dial 888-286-8010 and enter the
passcode 79534645. International callers should dial 617-801-6888 and enter
the same passcode 79534645.
This conference call will be broadcast live over the Internet and can be
accessed by all interested parties by clicking on
www.chinaprecisionsteelinc.com. Please access the link at least fifteen
minutes prior to the start of the call to register, download, and install any
necessary audio software. For those unable to participate during the live
broadcast, a 90 day replay will be available shortly after the call by
accessing the same link.
About China Precision Steel
China Precision Steel is a niche precision steel processing company
principally engaged in the production and sale of high precision cold-rolled
steel products and provides value added services such as heat treatment and
cutting medium and high carbon hot-rolled steel strips. China Precision Steel
produces high precision ultra-thin (3.0 mm to 0.03 mm) cold-rolled steel
products primarily for automotive components, food packaging materials, saw
blades and textile needle manufacturing companies in the People's Republic of
China. China Precision Steel's operation is currently located in the People's
Republic of China. However, China Precision Steel intends to expand overseas
into Japan, Taiwan, Korea, Thailand, the Philippines, the European Union and
the United States in the future.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning
of the safe harbor provisions of the Private Securities Litigation Reform Act
of 1995. All statements other than statements of historical fact in this
announcement are forward-looking statements, including but not limited to, the
Company's ability to raise additional capital to finance the Company's
activities; the effectiveness, profitability, and the marketability of its
products; legal and regulatory risks associated with the share exchange; the
future trading of the common stock of the Company; the ability of the Company
to operate as a public company; the period of time for which its current
liquidity will enable the Company to fund its operations; the Company's
ability to protect its proprietary information; general economic and business
conditions; the volatility of the Company's operating results and financial
condition; the Company's ability to attract or retain qualified senior
management personnel and research and development staff; and other risks
detailed in the Company's filings with the Securities and Exchange Commission.
These forward-looking statements involve known and unknown risks and
uncertainties and are based on current expectations, assumptions, estimates
and projections about the Company and the industry. The Company undertakes no
obligation to update forward-looking statements to reflect subsequent
occurring events or circumstances, or to changes in its expectations, except
as may be required by law. Although the Company believes that the expectations
expressed in these forward looking statements are reasonable, they cannot
assure you that their expectations will turn out to be correct, and investors
are cautioned that actual results may differ materially from the anticipated
results.
CCG Elite
Crocker Coulson, President /
Leslie Richardson, Financial Writer
Tel: +1-310-231-8600
Email: crocker.coulson@ccgir.com / leslie.richardson@ccgir.com

SOURCE China Precision Steel

Crocker Coulson, President, or Leslie Richardson, Financial Writer,
+1-310-231-8600, crocker.coulson@ccgir.com, or leslie.richardson@ccgir.com,
both of CCG Elite for China Precision Steel