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Comtech Group to Trade on Nasdaq National Market
SHENZHEN, China, Jan. 31 /PRNewswire-FirstCall/ -- Comtech Group, Inc.
(NASDAQ:COGO), a leading module design solutions provider in China focused on
the mobile handset and telecom equipment industries, announced that it has
received approval for listing on the Nasdaq National Market. The Company's
common stock is expected to begin trading today under the symbol "COGO."
Previously, the Company's common stock had traded on the OTC Electronic
Bulletin Board under the symbol "COMT.OB."
"Nasdaq's approval of our National Market listing marks another key milestone
in our effort to reach a broader shareholder audience and increase the
liquidity of our common shares," said Jeffrey Kang, Chairman, President and
CEO. "We are excited to reach this next step in our evolution as a public
company."
About Comtech
Comtech Group, Inc. is a module design solutions provider in China, focused on
the mobile handset and telecom equipment industries. The Company's client base
has grown to serve over 200 companies in the mobile handset and telecom
equipment industries in China. Its team of engineers works with manufacturers
of mobile handset and telecom equipment to design solutions that meet their
needs. The Company designs solutions for mobile device products, including
liquid crystal display (LCD) modules, camera modules, persistent storage
modules, input/output modules, sound system and power supply modules. In the
telecom equipment industry Comtech targets optical solutions, data
communication solutions, public switched telephone network (PSTN) switching and
wireless base stations.
DATASOURCE: Comtech Group, Inc.
CONTACT: Asia Pacific, Hope Ni, Chief Financial Officer of Comtech
Group, Inc., ; or North America, Jason Golz of Financial
Dynamics, +1-415-439-4532, or , for Comtech Group, Inc.
Web site: http://www.comtech.com.cn/