Scottsdale, Arizona 11/5/2008 2:29:28 AM
News / Finance

SinoHub, Inc. (SIHI.OB) Appoints Veteran Wall-Streeter and Financial Manager Charles Kimball to its Board of Directors

www.QualityStocks.Net would like to highlight SinoHub, Inc. (OTCBB: SIHI). The company provides world-class supply chain management services with transparent information access for participants in the electronic components supply chain in China. For more information, visit the company's Web site at http://www.sinohub.com.

 

In the company’s news yesterday,

 

SinoHub, Inc. reported that it has added Charles Kimball to its Board of Directors. Kimball will also serve on the Board’s Audit and Compensation Committees.

 

Kimball, 63, has extensive experience in advising businesses operating in the Far East and in analyzing the electronics industry. Currently, he serves as the chief research consultant for Bosera Fund Management Co., Ltd., one of the original mutual funds to be formed in China. Formerly, he worked almost 30 years for JP Morgan and its related entities in various positions. Most importantly among those positions in terms of the SinoHub directorship were tours of duty as head of international investments, head of investment research in Tokyo and as an equity analyst. As an equity analyst, Kimball covered electronic component distribution companies, electrical equipment firms, and other electronic firms.

 

“I am delighted to welcome Charlie to our board of directors,” said Harry Cochran, chief executive officer of SinoHub, Inc. “His knowledge of finance and of our sector will serve us well as SinoHub continues to demonstrate the significant value that our proprietary electronic component supply chain management platform brings to the large and rapidly growing electronics market in China.”

 

Kimball noted the favorable circumstances in which SinoHub currently operates, stating that “SinoHub is currently operating in a very large, dynamic industry with many opportunities for meaningful, near- and long-term growth. I look forward to working closely with the board and senior management team as SinoHub continues to build momentum and further develops as a publicly traded company in the U.S.”

 

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.