Deer Consumer Products, Inc. to Present at Rodman & Renshaw New York Investor Conference at 11:15 am on Thursday, September 10,
September 09 2009 - 6:55AM
PR Newswire (US)
Deer Consumer Products, Inc. (NASDAQ:DEER) (Website:
http://www.deerinc.com/), one of the world's largest manufacturers
of home and kitchen electronics marketing to both global and
Chinese domestic consumers, will present at the Rodman &
Renshaw New York investor conference at 11:15 am on Thursday,
September 10, 2009 at the New York Palace Hotel. DEER recently
raised its 2009 earnings guidance to between $0.86 and $0.91 per
share, or approximately $10 million in net income on 2009 revenue
guidance of approximately $81 million. In 2008, DEER reported US
GAAP audited revenue of $43.8 million, net income of $3.4 million
and earnings per share of $0.39 on a post share split basis. DEER
currently has 11.28 million shares issued and outstanding. DEER'
senior management team led by Chief Operating Officer James Chiu
will present at the conference. The presentation PowerPoint is
available at DEER's website: http://www.deerinc.com/. About Deer
Consumer Products, Inc. Deer Consumer Products, Inc.
(http://www.deerinc.com/) is a NASDAQ listed U.S. public company
headquartered in China. Supported by more than 103 patents and
approximately 1,500 full time and part time employees, Deer is a
market leader in the design, manufacture and sale of home and
kitchen electric appliances marketing to the vast Chinese domestic
consumer markets as well as customers in more than 40 countries
worldwide. Deer's product lines include blenders, juicers, pressure
cookers and other home appliances designed to improve home
lifestyles in today's fast-paced society. With more than 100 global
and domestic clients/branded products including Black & Decker,
Ariete, Disney, Toastmaster, Magic Bullet, Back to Basics, and
Wal-Mart, Deer has enjoyed rapid sales and earnings growth in
recent years. Safe Harbor Statement All statements in this press
release that are not historical are forward-looking statements made
pursuant to the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. There can be no assurance that
actual results will not differ from the company's expectations. You
are cautioned not to place undue reliance on any forward-looking
statements in this press release as they reflect Deer's current
expectations with respect to future events and are subject to risks
and uncertainties that may cause actual results to differ
materially from those contemplated. Potential risks and
uncertainties include, but are not limited to, the risks described
in Deer's filings with the Securities and Exchange Commission.
Corporate Contact: James Chiu, Chief Operating Officer Deer
Consumer Products, Inc. Tel: 011-86-755-86028312 DATASOURCE: Deer
Consumer Products, Inc. CONTACT: James Chiu, Chief Operating
Officer, Deer Consumer Products, Inc., 011-86-755-86028312 Web
Site: http://www.deerinc.com/
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