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Newsroom - Clients - TBYH
The following news and investment research items reflect some of the recent business activity for selected clients of Empire Relations Group, Inc. Additional information for investment research can be found in the featured clients section. News and investment research are for informational purposes only.
T-BAY Holdings, Inc.
T-Bay Holdings Growth Continues During 2005
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EAGLE, Idaho, Jan. 19 /PRNewswire-FirstCall/ -- T-Bay Holdings, Inc. (OTC Bulletin Board: TBYH - News) continues to see significant growth in the mobile device market. During 2005, the Company's clients sold 980,000 sets designed by T-Bay Holdings as compared to 740,000 during 2004. This represents a 32% increase. The company has design contracts for over 180,000 devices in January 2006 and continues its relationships with over a dozen of the largest players in the mobile device market arena. The company anticipates the number of these relationships doubling, and corresponding design contracts increasing, during the calendar year 2006. It continues be at the forefront of cutting-edge design in the mobile device market. For more information on products and designs, please visit http://www.sunpluschina.com.cn. (In the top right-hand corner is the button for "English.")
As the company transitioned to the more lucrative design business, it hired Wu Wei a famous designer in the Mobile Design Area. He led his team to the "Best Fashion Color Nominated Award" (Electronic Product) in the "Color China Awards," sponsored by the China Fashion Color Association (CFCA), a national social entity engaged in color research, forecast, design and application. He also successfully led his team to the first place award in the "Top 104 iF Excellent Designs" in the 3rd iF Design Contest in May 2005.
About T-Bay Holdings, Inc.
T-Bay conducts its mobile phone design business through its 95% owned subsidiary, Shanghai Sunplus Communication Technology Co., Ltd. ("Sunplus"). Established in October 2002, Sunplus is a Sino-foreign joint venture providing total solution and full-range design services to leading mobile handset brand owners in China. The broad spectrum of services that Sunplus provides include overall product design, mechanical design, module architecture design, software design, prototype production, product testing, manufacturing and after-sale technical support. The Company currently has a staff of 160, comprised mostly of engineers and software programmers.
Sunplus develops its mobile phone modules based mainly on the chipset platform provided by Skyworks. Currently, major customers of Sunplus include CECT, Panda Electronics and Siemens Mobile.
Sunplus was jointly formed by Wise Target International Limited, Amber Link International Limited and Shanghai Fanna Industrial Product Design Co., Ltd. Wise Target and Amber Link are 100% subsidiaries of T-Bay Holdings, Inc. and they altogether hold 95% shareholding in Sunplus.
Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur.
Jack Zeng
Tel:(86) 135 0228 9836
Philip Wang
Tel:(86) 021 2402 8587
Chesapeake Group
(410) 825-3930
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About T-BAY Holdings
T-BAY Holdings, Inc. owns 95% of Shanghai Sunplus Communication Technology Co., LTD. (“Sunplus”). Sunplus is a leading telecommunications device design company specializing in products in the cellular phone, MP3 players, PDA's and other hand-held electronic products.
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