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

March 28, 2011 08:01 ET

Maxray Enjoys Consumer Demand for Core Products

MISSISSAUGA, ONTARIO--(Marketwire - March 28, 2011) - Maxray Optical Technology Co. Ltd., ("Maxray") a Delaware Corporation (OTCBB:MXOP) announced today that the company has sourced a viable location for its anticipated expansion. Maxray also reports that expansion completion is scheduled for the summer of 2011. In addition, the company reported that the Chinese consumer demand for mid-to-large size LCD and LED flat screen modules and backlight components is expected to increase following current government policies. Maxray predicts future escalating demand, particularly from Chinese middle income families located in rural areas, due to the extended appliance policies of the Chinese Government.

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 or results of the company's business include, but are not limited to, availability and customer acceptance of our products and services, general market trends and conditions, and other risks as detailed in the company's SEC reports.

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