Jinpan International Limited (Amex: JST) Releases Initial Forecasts for 2006

ENGLEWOOD CLIFFS, N.J., April 10  /PRNewswire-FirstCall/ -- Jinpan International Limited (JST), announced today that they expect to continue their established 6 to 8 year trend of realizing 25% to 30% annual sales growth during 2006. Net Income is also expected to increase at the same rate, between 25% to 30%, during year 2006. The company will continue to implement cost cutting measures that were established in 2005. The copper and transformer steel materials are in the historical high now, the company will continue to monitor raw material pricing and other cost to determine if further action is needed.

On other fronts the company has is entering the final stages of their UL recognition program as they have completed the majority of testing and are in working stages of preparing a final submission. Also note worthy is the construction of new facility, subject of a news release during November of last year is reported to be on schedule for early October 2006 Completion.

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 Limited



CONTACT:  Mr. Mark Du, [phone]



Web site:  http://www.jstusa.net/ 

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