Maxray Optical Technology Co. Ltd.
OTC Bulletin Board : MXOP

February 22, 2011 08:02 ET

Maxray Broadens Scope of Plant Expansion

MISSISSAUGA, ONTARIO--(Marketwire - Feb. 22, 2011) - Maxray Optical Technology Co. Ltd., ("Maxray") a Delaware Corporation (OTCBB:MXOP)  is pleased to announce that the demand for flat screen appliances looks extremely promising as the Chinese government expands television reception into rural areas. Maxray will begin sourcing for operations with plastic extrusion capabilities. This expansion will enable the company to produce in-house moldings essential to the fabrication of complete, mid to large size, flat-screen TV assemblies, with output capabilities of over to 500,000 units per month once all assembly lines are in full operation. Efforts have been increased to source additional space to offset the production demands on Maxray Fujian.

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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