SOURCE: China Digital Communication Group

April 19, 2006 08:57 ET

China Digital Communication Group Revises Projections Upward for Fiscal Year 2006

LOS ANGELES, CA and SHENZHEN, CHINA -- (MARKET WIRE) -- April 19, 2006 -- China Digital Communication Group (OTC BB: CHID), announced today its revised projections for the current fiscal year.

For fiscal year 2006, China Digital Communication Group has projected total revenues of $30.4 million and net income of $10.5 million, or $0.13 per fully diluted share assuming the acquisitions of Zhou Tong and Galaxy View International are successful.

Yu Xi Sun, Interim CEO and President of China Digital Communication Group, said, "These are our most recent projections for fiscal year 2006. We are optimistic about the year and expect strong sales based on exciting upcoming activities from our acquisition candidates. We are confident we will close both acquisitions in the near future."

About China Digital Communication Group

China Digital Communication Group, through its wholly owned subsidiary, Shenzhen E'Jenie Science and Technology Co., Ltd. (E'Jenie), is one of China's leading manufacturers and developers of advanced telecommunications equipment. E'Jenie sells advanced high-quality lithium-ion battery shell and cap products to all major lithium-ion battery cell manufacturers in China. E'Jenie's products are used to power mobile phones, MP3 players, laptops, digital cameras, PDAs, camera recorders and other consumer electronic digital devices. China Digital Communication Group is continuing its expansion across East Asia, while seeking distribution partners and acquisitions in new global markets, including the United States. For more information, visit http://www.chinadigitalgroup.com or contact Roy Teng of China Digital Communication Group at (310) 461-1322, e-mail: info@chinadigitalgroup.com.

An investment profile on China Digital Communication Group may be found at http://www.hawkassociates.com/chinadigital/profile.htm.

For investor relations information regarding China Digital Communication Group, contact Frank Hawkins or Ken AuYeung, Hawk Associates, at (305) 451-1888, e-mail: info@hawkassociates.com. An online investor kit including press releases, current price quotes, stock charts and other valuable information for investors may be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com.

Forward-looking statement: Except for the historical information, the matters discussed in this news release may contain forward-looking statements, including, but not limited to, factors relating to future sales. These forward-looking statements may involve a number of risks and uncertainties. Actual results may differ materially based on a number of factors, including, but not limited to, uncertainties in product demand, risks related to doing business in China, the impact of competitive products and pricing, changing economic conditions around the world, release and sales of new products and other risk factors detailed in the company's most recent annual report and other filings with the Securities and Exchange Commission.

China Digital Communication Group
1901 Avenue of the Stars, Suite 201
Los Angeles, CA 90067
(310) 461-1322

Contact Information

  • Contact:
    Roy Teng
    China Digital Communication Group
    (310) 461-1322
    e-mail: Email Contact

    For Investor Relations, Contact:
    Frank Hawkins
    Or, Ken AuYeung
    Hawk Associates
    (305) 451-1888
    e-mail: Email Contact