Winscon Electronics Co. Ltd.
OTC Bulletin Board : WIEC

December 08, 2009 08:00 ET

Nitar Completes Acquisition of Winscon Electronics

MISSISSAUGA, ONTARIO--(Marketwire - Dec. 8, 2009) - Winscon Electronics Co. Ltd. (OTCBB:WIEC) -

Nitar Tech Corp. ('NITAR') (formerly NCHP), a company focused in the acquisition, development and marketing of innovative and advanced technologies, is pleased to announce that the company has completed its acquisition of Winscon Electronics Co. Ltd. Executives of NITAR closed the definitive agreement on August 18, 2009 whereby NITAR acquired a 49% share interest in Winscon Electronics from Liconix Industries Inc., a Hong Kong corporation.

On August 21, 2009, NITAR effectively changed the company name to Winscon Electronics Co Ltd. The Company trades on the Pink Sheets under the symbol WIEC.

About Winscon Electronics Co. Ltd.

Winscon Electronics Co. Ltd. is a Hong Kong Corporation specializing in the design, manufacturing and supply of flexible printed circuits (FPC's) for the computer and communications industry. Winscon FPC's enable several internal design functions necessary to the practical applications of many technology products such as communication devices; computer hard drives and display monitors. The company's current customer list includes LG (Korea), Molex (USA), Logitech (Taiwan) and 3C (Taiwan). Interested parties are invited to visit the company website www.winsconfpc.com.

Safe Harbor: This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the company's business include, but are not limited to, fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions, and other risks detailed in the company's SEC reports.

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