Jinpan International Announces Opening of New U.S. Facility

ENGLEWOOD CLIFFS, N.J., Oct. 19  /PRNewswire-FirstCall/ -- Jinpan International Ltd. (NASDAQ:JST), a leading designer, manufacturer, and distributor of cast resin transformers for voltage distribution equipment in China, today announced the opening of a new, Carlstadt, New Jersey-based office and warehouse facility.

The state-of-the-art 20,000 sq-ft building will provide enough office space for Jinpan's U.S. sales and administrative functions with room to expand as well as moderate production capability associated with assembly, testing and warehousing.

Mr. Zhiyuan Li, Chief Executive Officer of Jinpan commented, "As Jinpan continues its growth in the U.S. and other international markets, we are excited to have this new facility at our disposal with its simple assembly and testing capabilities which we believe will allow Jinpan to better serve its U.S.-based customers.  Also, with a limited product showroom, customers can now see, first hand, Jinpan's high quality cast resin transformers. We look forward to using this new office and warehouse facility as a step in increasing our international visibility and delivering continued growth in our business."

About Jinpan International Ltd.

Jinpan International Ltd. (NASDAQ:JST) designs, manufactures, and markets cast resin transformers for power distribution and wind energy products. Jinpan's cast resin transformers allow high voltage transmissions of electricity to be distributed to various locations in lower, more usable voltages. The Company has obtained ISO9001 and ISO1401 certifications of its cast resin transformers. Its principal executive offices are located in Hainan, China and its U.S. headquarters is based in Englewood Cliffs, New Jersey.

Safe Harbor Provision

Statements in this press release which are not historical data are forward-looking statements which involve known and unknown risks, uncertainties or other factors not under the company's control, which may cause actual results, performance or achievements of the company to be materially different from the results, performance or other expectations implied by these forward-looking statements.  These factors include, but are not limited to, those detailed in the company's periodic filings with the Securities and Exchange Commission. 

DATASOURCE: Jinpan International Ltd.



CONTACT:  At Jinpan International Ltd., Mark Du, Chief Financial Officer,

[phone], At ICR, Inc.: In China, Yuening Jiang, [phone], In

U.S., Brian M. Prenoveau, CFA, [phone]

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