SOURCE: Tongxin International Ltd.

Tongxin International Ltd.

May 04, 2011 08:00 ET

Tongxin Files 8K for New Investor Presentation and Announces Launch of New Website

CHANGSHA, CHINA--(Marketwire - May 4, 2011) - Tongxin International Ltd. (PINKSHEETS: TXIC), a China-based manufacturer of engineered vehicle body structures ("EVBS") and stamped parts for the commercial automotive industry, today announced that Form 8K for the Company's new investor presentation was filed with the SEC on Friday, April 29, 2011. The Company also announced the launch of its updated corporate Website at www.txicint.com.

William E. Zielke, Chief Executive Officer and Chief Administrative Officer, stated, "We are very pleased to announce these important sources of up-to-date public information about Tongxin International. The 8K includes the investor presentation that we presented to very positive response at the Aegis Capital Emerging Growth Conference (ACEGC) in Las Vegas, on April 29-30, 2011. It offers a full overview of Tongxin's achievements, market position, new business initiatives and plans for growth."

Mr. Zielke continued, "Our updated Website includes our latest product and marketing information, our plans for future growth, a full listing our Management team and our Board of Directors, access to our recent press releases and Internet access to our stock information. The complete content of www.txicint.com is also available at our other Website, www.hntx.com, which addresses our audience in China."

Mr. Zielke continued, "We were very pleased with the response to our Company by investors at the Aegis Conference. In addition to the presentation, we spoke with at least eight investor groups over a two-and-a-half-day period and received enthusiastic responses from each, confirming our belief that Tongxin's history of growth and strong future potential offer high value to investors who understand the strength of our company and our market segment. "

About Tongxin International Ltd.

Tongxin International Ltd., the largest independent supplier of EVBS in China, is capable of providing EVBS for both the commercial truck and light vehicle market segments. The Company also designs, fabricates and tests dies used in the vehicle body structure manufacturing process. EVBS consists of exterior body panels including doors, floor pans, hoods, side panels and fenders. Tongxin International Ltd. maintains a network of over 130 customers throughout 21 provinces in China. Headquartered in Changsha, the Company also maintains regional manufacturing in Dali, Ziyang and Zhucheng. For more information, please visit www.txicint.com or www.hntx.com.

Forward-Looking Statements

Statements contained in this press release, which are not historical fact, constitute Forward-Looking Statements. Actual results may differ materially due to numerous important factors that are described in Tongxin International Ltd.'s reports to the SEC, which may be revised or supplemented in subsequent reports to the SEC. Such factors include, among others, the cost and timing of implementing restructuring actions, the Company's ability to generate cost savings or manufacturing efficiencies to offset or exceed contractually or competitively required price reductions or price reductions to obtain new business, conditions in the automotive industry, and certain global and regional economic conditions. Tongxin International Ltd. does not intend or assume any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.

Contact Information

  • Contact
    In the U.S.:

    Stanley Wunderlich
    CEO
    Consulting for Strategic Growth 1
    Tel: 1-800-625-2236
    Fax: 1-646-205-7771
    Email: Email Contact