Dionics, Inc. Re-Listed on OTC Bulletin Board WESTBURY, N.Y., July 26 /PRNewswire-FirstCall/ -- Dionics, Inc. (OTC:DION) (BULLETIN BOARD: DION) announced today that it has been granted re-listing on the OTC Bulletin Board, effective Monday, July 19, 2004. The move comes as a result of the Company's having cured a previous eligibility problem which, in April 2000, resulted in its having been de-listed. Although the problem was subsequently cured during 2002, the Company did not seek re-listing at that time due to the pressure of dealing with severe operational difficulties stemming from the recent recessionary business cycle. The small semiconductor/micro-electronics manufacturer, having survived several years of adverse business conditions, has recently been in a turnaround mode. Earlier in the year it attracted an investment from Alan Gelband & Associates, also hired William T. Ryan, a former Philips Lighting Company executive, as its new V. P. for Business Development, and most recently requested shareholder approval for an increase in its Authorized Common Shares from 5.0 million to 50 million. As explained by company president, Bernard L. Kravitz, "We lived to fight another day, and that day has now seen us develop some exciting new technology that we intend to apply to the fast growing market for LED-based lighting products. Consistent with increasing shareholder value, we felt that now was the time to seek the larger audience available to us through re-listing on the Bulletin Board. We will be continuing our efforts to recast Dionics, Inc. as a dynamically growing entrant in the burgeoning field of LED-based lighting," he concluded. WRITTEN BY DIONICS, INC. MANAGEMENT, THE PRECEDING TEXT CONTAINS FORWARD-LOOKING STATEMENTS WHICH REFLECT MANAGEMENT'S BEST JUDGMENT OF CURRENTLY AVAILABLE INFORMATION. SHOULD CERTAIN ASSUMPTIONS FAIL TO MATERIALIZE, OR UNEXPECTED ADVERSE EVENTS OCCUR, THE COMPANY MAY NOT REACH MANAGEMENT'S GOALS. DATASOURCE: Dionics, Inc. CONTACT: Bernard L. Kravitz, Pres. of Dionics, Inc., +1-516-997-7474, Fax - +1-516-997-7479

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