SOURCE: Newport Digital Technologies, Inc.

June 11, 2009 10:19 ET

Newport Digital Technologies, Inc. Announces Completion of Stock Symbol Change to NPDT

NEWPORT BEACH, CA--(Marketwire - June 11, 2009) - Newport Digital Technologies, Inc. (OTCBB: NPDT) announced today that it has completed the change in its trading symbol from IFDG to NPDT. This follows the company officially changing its corporate name to Newport Digital Technologies, Inc. this past May 11th to reflect the company's focus on bringing world-class technology solutions to five of the fastest-emerging businesses in the technology space, including end-to-end RFID (radio-frequency identification), WiMax, eLearning, Digital Signage/LED Lighting and Security & Surveillance solutions.

Said Newport Digital Technologies, Inc. Chairman, Richard Damion, "We are pleased to have completed the stock symbol change to NPDT (www.newportdt.com). The entire team at Newport Digital is working to bring exciting business-to-business technology solutions to market with our strategic partners.

"Our further goal is to build our business, our reputation, and our shareholder basis to the point where our Company may qualify for listing on the American or the NASDAQ stock exchange."

ABOUT NEWPORT DIGITAL TECHNOLOGIES, INC.

Newport Digital Technologies, Inc. (NDT) is a technology solutions driven company organized to focus on serving five of the fastest-emerging businesses in the technology space -- RFID (radio-frequency identification), WiMax, eLearning, Digital Signage & LED Lighting and Security & Surveillance solutions. NDT is developing and plans to deliver these technology solutions through strategic collaborations with global partners, including Taiwan Industry and Taiwan's premier technology R&D incubators -- the Institute for Information Industry (III) www.iii.org.tw/english and the Industrial Technology Research Institute (ITRI) www.itri.org.tw/eng. Once developed, NDT will customizes these technology solutions and plans to market them through Fortune 1000 channel partners and systems integrators on a worldwide basis.

This press release contains certain forward-looking statements with respect to NDT and its business. Statements that are not historical facts are identified as "forward-looking statements." The words "estimate," "project," "intend," "expect," "believe," "plan," and similar expressions, particularly when used in the "future tense," are intended to identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. They rely on a number of assumptions outside of NDT's control, and involve significant risks and uncertainties. NDT's success in obtaining future equity and debt capital on commercially reasonable terms, in obtaining advantageous contracts yet to be negotiated, and in developing products which find market acceptance and generate a profit, among other factors, will determine NDT's future business results. See the Company's SEC reports. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

Contact Information

  • Newport Digital Technologies, Inc.
    620 Newport Center Drive Suite 570
    Newport Beach, CA 92660
    Contact: Michael Lutton
    Email: Email Contact