New Energy Systems Group Voluntarily Applying to Delist From NYSE MKT
April 16 2013 - 8:30AM
Marketwired
SHENZHEN, CHINA--(Marketwired -
April 16, 2013) - New Energy Systems Group (NYSE MKT:
NEWN) ("New Energy" or the "Company"), an original design
manufacturer and distributor of Anytone® and MeePower® branded
consumer backup power systems for mobile devices and solar related
application products to service municipal power applications, today
announced a correction to its prior estimated effective day of its
delisting.
The Company has formally notified NYSE MKT on April 12, 2013 of
the Company's intention to file a Form 25 - Notification of Removal
from Listing and/or Registration under Section 12(b) of the
Securities Exchange Act of 1934, as amended, with the Securities
and Exchange Commission on or about April 22, 2013.The Company
expects that the delisting will take effect on or about May 2,
2013.
About New Energy Systems
Group
New Energy Systems Group is an original design manufacturer and
distributor of lithium ion batteries and backup power systems for
leading manufacturers of 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® and
MeePower® brand in China and globally. 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.
Additional information about the company is available at:
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:New Energy Systems GroupKen
LinVP of Investor RelationsTel: +1-917-573-0302Email:
ken@newenergysystemsgroup.com www.newenergysystemsgroup.com
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