Xianburg Data Systems Canada Corporation

May 15, 2013 13:21 ET

Xianburg Data Systems Canada Corporation: Update re Filing of 2012 Annual Financial Statements

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 15, 2013) - Xianburg Data Systems Canada Corporation (the "Company") (TSX VENTURE:XDS) announces that it is working with its auditors to complete the audit of its annual financial statements for the year ended December 31, 2012 and that it is endeavouring to complete and file the same and Management's Discussion and Analysis in respect thereof as soon as possible.

About Xianburg Data Systems Canada Corporation

The Company, through its wholly-owned subsidiary Xianburg Data Systems (Canada) Inc., governs and administers the operating entity XID, a Chinese based operating company, and will earn substantially all of its income from XID. XID is an IT products and services firm with offices in Xi'an and Beijing and it is recognized as a leader in China in providing mass data storage and disaster recovery IT solutions. XID's core business is data entry with a specialty of converting paper documents to electronic format (digitization) and it also manufactures high-performance, high-capacity storage systems for the archiving and publication of such documents.

On behalf of Xianburg Data Systems Canada Corporation

Jingping Dong, Chairman, President and CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or the accuracy of this release.

Contact Information

  • Xianburg Data Systems Canada Corporation
    Farhan Rhemtulla
    Director of Investor Relations