SOURCE: Chisen Electric Corporation

February 08, 2010 08:15 ET

Electric Bicycle Battery-Maker Chisen Electric Receives Prestigious Product Award From CCTV.com

ZHEJIANG, CHINA--(Marketwire - February 8, 2010) - Chisen Electric Corporation (OTCBB: CIEC) (the "Company" or "Chisen Electric"), a leading lead-acid motive battery producer for the electric bicycle market in the People's Republic of China, announced today that on January 31, 2010, the Company's electric bicycle batteries were named the 2009 "Most Trusted and Reliable Electric Battery Brand of Consumers," in an award given by CCTV.com, the online site of China's national television channel CCTV. According to CCTV.com, the award was based on consumer recognition of the outstanding quality of Chisen Electric batteries, the Company's excellent after-sales service, as well as its high level of customer care.

CEO and Chairman of the Board of Chisen Electric, Mr. Xu Kecheng, stated, "We are very pleased and honored by this award and will continue to work hard to maintain and grow consumer confidence wherever our products are sold."

CCTV and CCTV.com

China Central Television, or CCTV, is the national television channel of China. CCTV not only provides information to the general public throughout China, but also acts as a gateway between China and the rest of the world. CCTV is more than 50 years old, having had its trial broadcast on May 1st, 1958, followed by a formal launch on September 2nd of the same year.

CCTV.com, is the official website of CCTV, and owns the online broadcasting rights of all CCTV programs and also serves as a channel and gateway to the world.

Link: http://www.chisenpower.com/News-2.asp?d_id=205&ty=cn&typename=%B9%AB%CB%BE%D0%C2%CE%C5

Description of Chisen Electric Corporation

Chisen Electric Corporation, incorporated in Nevada, USA, and headquartered in Zhejiang Province, the People's Republic of China, is a leading lead-acid motive battery producer for China's personal transportation device market. The Company's battery products are sold under its own brand names and are predominantly used in electric bicycles. Among all types of batteries for electric bicycles, the lead-acid motive battery is the preferred choice for electric bicycle manufacturers in China because of its cost efficiency. Today, the Company manufactures over 15,000,000 batteries each year, has more than 2,000 employees and is one of China's largest manufacturers of lead-acid batteries for electric-powered bicycles (LABEBs). More information about the Company can be found at http://www.chisenpower.com

"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995:

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations or beliefs, including, statements concerning the Company's operations, financial performance and condition. For this purpose, statements that are not statements of historical fact may be deemed to be forward-looking statements. The Company cautions that these statements by their nature involve risks and uncertainties, and actual results my differ materially depending on a variety important factors, including, but not limited to, the impact of competitive conditions and effectiveness of marketing; changes in laws and regulations; fluctuations in costs of production, financing and other factors as discussed in the Company's reports filed with the Securities and Exchange Commission from time to time, In addition, the Company disclaims any obligation to update any forward-looking statement to reflect events or circumstances after the date hereof. No securities regulatory authority has either approved or disapproved the contents of this new release. This release is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer or selling security holder and that will contain detailed information about the company and management, as well as financial statements. The Company filings with the US Securities and Exchange Commission, including the annual report for the fiscal year ended March 31, 2009 on Form 10-K, can be viewed on EDGAR Online or www.sec.gov.

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