Comtech Group Registration Statement Declared Effective by SEC
February 04 2005 - 4:05PM
PR Newswire (US)
Comtech Group Registration Statement Declared Effective by SEC
SHENZHEN, China, Feb. 4 /PRNewswire-FirstCall/ -- Comtech Group,
Inc. (NASDAQ:COGO), a leading module design solutions provider in
China focused on the mobile handset and telecom equipment
industries, announced today that the Securities and Exchange
Commission has declared effective the company's registration
statement on Form S-1 which covers the resale by certain selling
stockholders of up to 6,365,417 shares of common stock, including
1,365,417 shares underlying outstanding options and warrants. "The
registration of these shares demonstrates our full commitment to
our shareholders, and also provides our company a foundation for
broader investor participation and increased access to the public
market," said Jeffrey Kang, Chairman, President and CEO of Comtech
Group. About Comtech Comtech Group, Inc. is a module design
solutions provider in China, focused on the mobile handset and
telecom equipment industries. The Company designs solutions for
mobile device products, including liquid crystal display (LCD)
modules, camera modules, persistent storage modules, input/output
modules, sound system and power supply modules. In the telecom
equipment industry Comtech targets optical solutions, data
communication solutions, public switched telephone network (PSTN)
switching and wireless base stations. Safe Harbor Statement This
press release contains forward-looking statements that involve
risks and uncertainties that could cause Comtech's actual results
to differ materially from the anticipated results and expectations
expressed in these forward-looking statements. These statements are
based on current expectations, forecasts and assumptions that are
subject to risks and uncertainties, which could cause actual
outcomes and results to differ materially from these statements,
including those risks described in the company's filings with the
Securities and Exchange Commission. DATASOURCE: Comtech Group, Inc.
CONTACT: Asia Pacific, Hope Ni, Chief Financial Officer of Comtech
Group, Inc., ; or in North America, Jason Golz of Financial
Dynamics, +1-415-439-4532, or , for Comtech Group, Inc. Web site:
http://www.comtech.com.cn/
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