SHENZHEN, China, Feb. 23, 2011 /PRNewswire-Asia-FirstCall/ --
China TMK Battery Systems Inc. (OTC Bulletin Board: DFEL) ("TMK" or
"the Company"), a Chinese manufacturer and distributor of
customized rechargeable battery solutions to global consumer
product companies, today announced it has received and delivered an
initial order from a Fortune 500 multinational electronics and
defense manufacturer based in the U.S. for 26,150 nickel metal
hydride (NI-MH) battery packs to be used in water pump
applications.
"We are pleased that our product has met this customer's
rigorous testing standards, and that our batteries will be used in
water system applications for products sold to multiple countries,"
stated Henian Wu, Chairman and
President of the Company. "We believe that this sale represents a
new market opportunity for TMK and as we strive to market our
innovative battery solutions to a broader range of customers."
About China TMK Battery Systems Inc.
Based in Shenzhen, PRC and
founded in 1999, TMK manufactures and distributes high rate
discharge Nickel Metal Hydride ("Ni-MH") multi-cell batteries in
its manufacturing facility located in Shenzhen, China. TMK maintains a diverse
roster of large, consumer-focused clients with major production
facilities in China. The Company
works with its clients throughout the product design cycle to
develop and integrate reliable and long-lasting rechargeable power
solutions for widely used consumer products, which include home
appliances, cordless power tools, medical devices, multiple
personal communication devices and electric bicycles segments. The
Company is also focused on becoming a supplier of back-up power
solutions to the telecommunications industry and for traffic
lighting applications. Corporate Information can be found at
www.tmk-battery.com and investor information can be found at
http://ir.stockpr.com/tmk-battery/
Cautionary Statement Regarding Forward Looking
Information
This press release may contain certain "forward-looking
statements" relating to the business of China TMK Battery Systems
Inc., and its subsidiary companies. All statements, other than
statements of historical fact included herein are "forward-looking
statements" including statements regarding: the impact of the
purchase order on the Company's business and operations and the
likelihood that the Company will receive follow-on orders; the
general ability of the Company to achieve its commercial
objectives, including the ability of the Company to successfully
market its innovative battery solutions to a broader range of
customers; the business strategy, plans and objectives of the
Company and its subsidiaries; and any other statements of
non-historical information. These forward-looking statements are
often identified by the use of forward-looking terminology such as
"believes," "expects" or similar expressions, involve known and
unknown risks and uncertainties. Although the Company believes that
the expectations reflected in these forward-looking statements are
reasonable, they do involve assumptions, risks and uncertainties,
and these expectations may prove to be incorrect. 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 (http://www.sec.gov). All
forward-looking statements attributable to the Company or 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:
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For the Company:
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Mr. Jin Hu, CFO
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Tel: +86-158-10431091
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Email: jimmy.hu@tmk-battery.com
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Investor Relations:
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HC International,
Inc.
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Ted Haberfield, Executive
VP
Tel: +1-760-755-2716
Email: thaberfield@hcinternational.net
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SOURCE China TMK Battery Systems Inc.