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Industries International
Ticker: IDUL
Press Release:
Industries
International Partners with China's Number Two Automaker to Develop
Hybrid Vehicles
Industries
International, Inc., a rapidly growing manufacturer and distributor
of telephones, telecommunications-related technology and lithium
batteries in China, today announced that its wholly-owned subsidiary
Li Sun Power has entered into an agreement to develop hybrid
vehicles jointly with Dongfeng Automobile Company, Ltd., China's
second-largest auto manufacturer.
Li Sun Power produces a high-power lithium-ion (Li-Ion) battery that
has a number of diverse commercial uses such as mobile phones,
laptops, and PDAs. It has been successfully tested this year in both
electric and multi-power (gas-electric hybrid) vehicles. Li Sun,
acquired by Industries International in May 2003, is one of China's
largest manufacturers of lithium and lithium-ion (Li-ion) batteries.
"For Industries International,
the new hybrid vehicle partnership with Dongfeng promises to
accelerate Li Sun's already fast growth as a seller of batteries to
growth industries such as mobile communications, laptop computing
and, now, the production of energy-efficient electric and hybrid
vehicles," said Dr. Kit Tsui, Chief Executive Officer of
Industries International. "With our leading technology, more
than three years of marketing experience and our recent
certification to sell batteries to the Chinese People's Liberation
Army, few can compete with Li Sun Power as a seller of Li-ion
batteries in China. This agreement coupled with our other marketing
initiatives should enable the steady development and marketing of
our high-powered and environmentally-friendly Li-ion batteries,
allowing Li Sun to continue its robust sales and earnings expansion
in 2004," concluded Dr. Tsui.
To view the full Press Release please
visit http://biz.yahoo.com/bw/031110/105342_1.html
eLinear Inc.
Ticker: ELIN
Press Release:
eLinear
Wins Project for Communications Infrastructure Deployment for
Velasco School
eLinear Inc. announced today that its
wholly owned subsidiary, NewBridge Technologies Inc., has won a
project for a communications infrastructure deployment for
Brazosport Independent School District's new Velasco Elementary
School. NewBridge Technologies Inc. is a digital provider of voice,
data, video and security services to residential and commercial
developments over a fiber or wireless infrastructure.
Kevan Casey, CEO of eLinear, stated,
"We have recently targeted state and local government entities
and we are pleased that this is paying off. This is an exciting
project which will demonstrate NewBridge's capabilities of deploying
a voice, data and video infrastructure."
To view the full Press Release please
visit http://biz.yahoo.com/bw/031106/65082_1.html
Press Release: eLinear
Raises Previous Revenue Guidance by 15 Percent to $13,800,000 for
Fiscal 2003
eLinear Inc. announced today that it has
raised its previous revenue guidance by 15% to $13,800,000 for
fiscal 2003. eLinear had previously stated that the company was
projecting revenue of $12,000,000 for fiscal 2003.
Kevan Casey, CEO of eLinear, stated,
"eLinear has had many recent project wins and added new
partners to accelerate our growth. We are pleased that business is
picking up and that the economy is indicating a stronger market for
our suite of IT solutions."
To view the full Press Release please
visit http://biz.yahoo.com/bw/031107/75050_1.html
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