Anytone(R)-Branded Products Used for Motorola Xoom(R), Apple's iPad(R) and Samsung's Galaxy(R) Tablets will Formally Launch in September 2011
SHENZHEN, China, July 19, 2011 /PRNewswire-Asia-FirstCall/ -- New Energy Systems Group (NYSE Amex: NEWN) ("New Energy" or the "Company"), a vertically-integrated original design manufacturer and distributor of lithium ion batteries and consumer branded backup power systems, today introduced three new remote power Anytone® models for tablets and mobile devices.
New Energy's Anytone® division successfully developed three new mobile power models for leading tablet manufacturers, including Apple, Samsung and Motorola. Anytone®'s Model AT-006 "iPad Smart Power" is a light-weight, portal lithium ion battery charger that allows consumers to charge their iPad, iPod or iPhone wherever they are. The Anytone® AT-006 attaches to the iPad SmartCover. The AT-006 comes with a USB cable for use with an iPod or iPhone.
Anytone® also developed two other mobile power chargers for tablet PCs. The 8800D is designed specifically for Motorola's Xoom® tablet and is the first mobile power device manufactured for the Xoom®. The M700 is a high-capacity lithium-powered recharging device which houses two USB output ports to charge two devices at the same time. Available in black or white colors, the M700 can be used to charge the iPad, Xoom® and Samsung's Galaxy® tablet The M700 is the first mobile power charger in the market which can recharge different tablet PCs universally through transforming different voltages.
"Developing new products is the lifeblood of our organization," began Weihe "Jack' Yu, Chairman of New Energy Systems Group. "Because consumers have purchased thousands of our Anytone-branded products for their mobile phones and laptops, they will love our new battery packs for tablets as well. We believe innovative products such as these will help differentiate our brand in a competitive market and drive growth in sales and earnings."
New Energy will ship initial orders of each model to its distributors in China in August and will formally launch the products in September. The Company will support the launch by featuring its Anytone® iPad2 Smart Power® at MacWorld Asia held in Beijing from September 22nd to 25th and all three new models at The Shenzhen High Tech Fair in November.
About New Energy Systems Group
New Energy Systems Group is a vertically integrated 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® brand in China while it's commercial and OEM batteries and battery components are sold under New Power and E'Jenie. 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, as well as its high powered, light weight lithium ion batteries. In addition to historically strong organic growth, New Energy is expected to benefit from economies of scale, broader distribution and higher profit margins in 2011. 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.