New Energy Systems Group Promotes MeePower(TM) Brand at Three Electronics Trade Shows |
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New Energy Systems Group
A-3 Xinglian Industrial Zone He Hua Ling
Shenzhen, China
Press release date: November 1, 2010
NEW YORK and SHENZHEN, China - New Energy Systems Group (NYSE Amex: NEWN)("New Energy" or the "Company"), a vertically integrated original design manufacturer and distributor of lithium ion batteries and backup power systems, announced its participation in three electronics trade shows over the past two months to promote its new MeePower(TM) brand. The shows were held in Hong Kong, Taiwan and Singapore and attracted a combined total of over 25,000 people from approximately 160 countries.
Mr. Nian Chen, New Energy's Chief Executive Officer, commented, "We are pleased to report that our new MeePower(TM) back up power systems were well received at these highly-regarded and well attended events. Branding is at the core of our growth strategy and we have begun the process in our home region. The trade shows included the 10th Edition GlobalTronics 2010 show in Singapore, the Hong Kong Electronic Fair (Autumn Edition) and the 36th Taipei International Electronics Show in Taipei. As a result of our participation, we are in the process of establishing cooperative partnerships with companies located in Hong Kong, Taiwan and Singapore for distribution of MeePower(TM) products."
Mr. Chen continued, "The scope of our marketing strategy reaches far beyond China's borders and our next frontier is the United States where we have already begun forming alliances. We are on track to begin supplying distributors with MeePower products in the U.S. by year-end 2010."
About New Energy Systems Group
New Energy Systems Group is a vertically integrated original design manufacturer and distributor of lithium ion batteries and backup power systems for mobile phones, laptops, digital cameras, MP3s and a variety of other portable electronics. The company's end-user consumer products are sold under the Anytone brand in China, and the company has begun expanding its international sales efforts. The fast pace of new mobile device introductions in China combined with a growing middle class make it fertile ground for New Energy's end-user consumer products, as well as its high powered, light weight lithium ion batteries. In addition to historically strong organic growth, New Energy is expected to benefit from economies of scale, broader distribution, greater production capacity and higher profit margins in 2010. Additional information about the company is available at: www.newenergysystemsgroup.com.
SOURCE
New Energy Systems Group
Web Site: http://www.newenergysystemsgroup.com
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