CRS Electronics Expands International Presence With New Offices in China
09 January 2014 - 9:12AM
Marketwired
CRS Electronics Expands International Presence With New Offices in
China
TORONTO, ONTARIO--(Marketwired - Jan 8, 2014) - CRS Electronics
Inc. ("CRS" or the "Company"), (TSX-VENTURE:LED), a developer and
manufacturer of LED lighting products, today announced the opening
of 2 new offices in China.
The first office is located in the Sheraton International
Financial Center, 76 Nanbin Road, 26th Floor, Nanan District,
Chongqing, China. It will serve as International Corporate
Headquarters for CRS Electronics. The second office is located at
No. 1 Jinfeng Road, Tangjiawan Town, Zhuhai, Guangdong Province,
China near several key strategic manufacturing partners. "We are
excited to have a global presence," said Travis Jones, President
& CEO. "This provides us with an important platform to better
manage our supply chain and is an important first step in building
key selling alliances throughout Asia."
About CRS Electronics
CRS Electronics Inc. (TSX-VENTURE:LED), a Lighting Facts
partner, is a leader in the emerging, rapidly-growing market of
high efficiency light-emitting-diode ("LED"), or, solid state
lighting ("SSL"). The principal activities of CRS Electronics
include the development, manufacture and sale, primarily in North
America, of indoor lighting products such as LED replacement lamps,
exterior LED warning lights for school buses, child safety systems
for school buses, LED architectural lighting fixtures, and contract
manufacturing of LED circuit boards. As an innovator of LED
solutions since 1998, CRS Electronics continues to expand its
product portfolio and market presence with business partners and
customers, and under its own product brands, which include CRS
Electronics and Lumenova™ Architectural Lighting.
Neither TSX Venture Exchange nor the Investment
Industry Regulatory Organization of Canada accepts
responsibility for the adequacy or accuracy of this
release.
Certain statements contained in this news release constitute
forward-looking information within the meaning of Canadian
securities laws which can be identified by terminology such as
"may", "will", "could", "should", "expect", "plan", "anticipate",
"believe", "intend", "estimate", "projects", "predict",
"potential", "continue" or other similar expressions concerning
matters that are not historical facts. Such forward-looking
statements are based on a number of material factors and
assumptions, including, but not limited in any manner, those
disclosed in any other CRS filings, and include availability of
sufficient working capital for development and operations,
availability of a qualified work force, availability of
manufacturing equipment and the ultimate ability execute its
business plan on economically favourable terms. While we consider
these assumptions to be reasonable based on information currently
available to us, they may prove to be incorrect. Actual results may
vary from such forward-looking information for a variety of
reasons, including but not limited to risks and uncertainties
disclosed in other CRS filings at www.sedar.com and other
unforeseen events or circumstances. Other than as required by law,
CRS does not intend, and undertakes no obligation to update any
forward-looking information to reflect, among other things, new
information or future events.
Investor Relations contact:CRS Electronics Inc.Matthew
GroenChief Financial Officermgroen@crselectronics.comMedia
contact:CRS Electronics Inc.Paul PohlDirector of
Marketingppohl@crselectronics.comwww.crselectronics.com
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