NEW YORK and SHENZHEN, China, June
29 /PRNewswire-Asia-FirstCall/ -- New Energy Systems Group
(OTC Bulletin Board: NEWN) ("New Energy"), a vertically integrated
original design manufacturer and distributor of lithium ion
batteries and backup power systems, announced today that it will
present at the Global Hunter Securities 2010 China Conference
taking place on July 11-13, 2010, at
the St. Regis Hotel in San
Francisco. The Company is scheduled to present on
Tuesday, July 13 at 2:30 p.m. Pacific Time (5:30 p.m. ET).
Mr. Weihe "Jack" Yu, Chairman of
New Energy, commented, "I am excited and looking forward to New
Energy presenting at the Global Hunter Securities conference as
part of our expanded effort to raise awareness within the U.S.
investment community. This is our first U.S. investment conference,
and we look forward to highlighting New Energy's expansion plans
and future prospects as well as our strong financial
performance."
The presentation will be broadcast live via the internet. The
live broadcast will include slides and an audio webcast, which can
be accessed from the investor relations section of the Company's
website: http://www.newenergysystems.com . A replay will be
available within one hour of the live presentation and will remain
available for 90 days following the conference.
About Global Hunter Securities
Global Hunter Securities, LLC is a full service investment bank
focusing on middle market corporate and institutional clients
around the world. They provide insightful equity research,
innovative capital raising and financial advisory services
supported by a sales and trading staff with world-wide reach.
Global Hunter has offices in Los
Angeles, New York,
Houston, New Orleans, Newport
Beach, Dallas/Ft. Worth and
Hong Kong, as well as a strong
presence and reputation in mainland China. For more information about Global
Hunter, please visit http://www.ghsecurities.com .
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, lightweight lithium ion batteries. In
addition to historically strong organic growth, New Energy
anticipates that it will benefit from economies of scale, broader
distribution, greater production capacity and higher profit margins
in 2010. Additional information about the company is available at:
http://www.newenergysystemsgroup.com .
Forward Looking Statements
This release contains certain "forward-looking statements"
relating to the business of the Company and its subsidiary and
affiliated companies. These forward looking statements are often
identified by the use of forward-looking terminology such as
"believes," "expects" or similar expressions. Such forward looking
statements involve known and unknown risks and uncertainties that
may cause actual results to be materially different from those
described herein as anticipated, believed, estimated or expected.
Investors should not place undue reliance on these forward-looking
statements, which speak only as of the date of this press release.
The Company's actual results could differ materially from those
anticipated in these forward-looking statements as a result of a
variety of factors, including those discussed in the Company's
periodic reports that are filed with the Securities and Exchange
Commission and available on its website (www.sec.gov). All
forward-looking statements attributable to the Company or to
persons acting on its behalf are expressly qualified in their
entirety by these factors other than as required under the
securities laws. The Company does not assume a duty to update these
forward-looking statements.
For more information, please contact:
Crescendo Communications, LLC
David Waldman or John Quirk
Tel: +1-212-671-1020
Email: newn@crescendo-ir.com
SOURCE New Energy Systems Group