|
Corporation Management Comments on Recent Stock Activity and Reaffirm its 2008 Outlook
Friday, November 21, 2008
SHENZHEN, China, Nov. 21 /PRNewswire-FirstCall/ -- The Chief Executive
Officer of Jingwei International Limited (OTC Bulletin Board: JNGW; "Jingwei"),
one of the leading providers of data mining and customer relationship
marketing services in China, today commented on recent stock activity and
reaffirmed the Company's fiscal 2008 outlook.
Regis Kwong, Chief Executive Officer of Jingwei International, stated,
"While it is not common practice for us to comment on our stock price, in
response to the recent volatility we wanted to assure our shareholders that we
believe there is no business performance related issue behind the recent
decline in the price of our common stock. Our business remains
well-positioned to meet or exceed our top and bottom-line growth targets for
the current fiscal year. At the present time, our available cash resources
are sufficient to execute our business plan and we remain focused on
accelerating our organic growth rate and resulting cash flows. We are
confident that the execution of our business plan will result in the creation
of value for our loyal shareholders. Our Chairman George Du, as announced in
a previous press release, along with other executives has initiated purchasing
of stock in open market transactions."
About Jingwei International Limited
Jingwei International Limited ("Jingwei") is a leading provider of data
mining and customer relationship marketing services in the fast growing
Chinese market. Powered by advanced data mining technology and a proprietary
database of over 300 million Chinese consumers, Jingwei enables leading
Chinese companies as well as international brands to reach their target
audiences. The Company's services include market segmentation, customer trend,
revenue analysis and direct marketing. Jingwei is evolving into an integrated
marketing service provider with targeted campaigns via multi media channels
including: interactive mobile, telemarketing, direct mail and new media.
For more information, please visit the Company's web site:
http://www.jingweicom.com .
Safe Harbor Statement
Certain of the statements made in the press release constitute forward-
looking statements within the meaning of the Private Securities Litigation
Reform Act of 1995. These statements can be identified by the use of forward-
looking terminology such as "believe," "expect," "may," "will," "should,"
"project," "plan," "seek," "intend," or "anticipate" or the negative thereof
or comparable terminology. Such statements typically involve risks and
uncertainties and may include financial projections or information regarding
our future plans, objectives or performance. Actual results could differ
materially from the expectations reflected in such forward-looking statements
as a result of a variety of factors, including the risks associated with the
effect of changing economic conditions in The People's Republic of China,
variations in cash flow, reliance on collaborative retail partners and on new
product development, variations in new product development, risks associated
with rapid technological change, and the potential of introduced or undetected
flaws and defects in products, and other risk factors detailed in reports
filed with the Securities and Exchange Commission from time to time. For more
information, please contact:
For more information, please contact:
John Bi
CFO, Jingwei International Limited
Email: john.bi.5198@gmail.com
Tel: +86-139-1729-5376
SOURCE Jingwei International Limited
|
|
|
|
 |
Banks ‘run system of virtual extortion’ | Jan 8, 2009
|
|
Microsoft's Ballmer: Windows 7 is nearly final | Jan 8, 2009
|
|
Brave techies can try Microsoft's new Windows 7 | Jan 8, 2009
|
|
Mediation board declares Delta, NWA a single system | Jan 8, 2009
|
|
WMS Software supports Oracle and SQL Server platforms. | Jan 8, 2009
|
|
Latest Windows operating system ready | Jan 8, 2009
|
|
The Princeton Review and USA TODAY Present The Princeton Review's 100 'Best Value Colleges for 2009' | Jan 8, 2009
|
|
Online Reputation Management Important For Small Businesses Too | Jan 8, 2009
|
|
Microsoft Research Helps Novice Musicians Discover Their Inner Songwriters | Jan 8, 2009
|
|
Microsoft Mediaroom Gets More Power and Gives TV a Reverse Gear | Jan 8, 2009
|
|
|
