Diguang International Wins Large Contract from Samsung SDI

Diguang International Development Co., Ltd. Logo. (PRNewsFoto/Diguang International Development Co., Ltd.)

SHENZHEN, China, Nov. 20 /Xinhua-PRNewswire/ -- Diguang International Development Co., Ltd. (OTC Bulletin Board: DGNG) ("Diguang"), an emerging, China-based leader in the manufacture of CCFL and LED backlights for the LCD display industry, today announced that it has entered into a contract with Samsung SDI Co., Ltd.

Diguang's Mobile Phone Strategic Business Unit is expecting to deliver to Samsung estimated monthly shipments of 500,000 mobile phone backlight units per model beginning in early to mid-2008, with expected shipments in 2008 under the contract to total a minimum of 10 million units. The contract may be renewed upon the agreement of both companies.

"Today's announcement is a major milestone for Diguang in further increasing our international presence," said Song Yi, President and Chief Executive Officer of Diguang International. "The Samsung SDI contract calls for the highest in technical and quality control standards, and meeting its challenges will position us with stronger competitive advantages than ever before."

"We plan to use the operations devoted to this contract as reference sites for other SBUs within the Company," Mr. Song continued. "By emulating successful practices, each SBU will account for itself under our newly announced structure. We are excited to be moving ahead with an expanded product line and innovations at the operational level, supporting the expansion of our international distribution channel."

About Diguang International Development Co., Ltd.
Diguang, through its subsidiaries, specializes in the research, development, production, sale and distribution of backlights and backlight technologies. A backlight is the typical light source of a liquid crystal display (LCD). The Company is focused on providing LED and CCFL backlights for international producers of televisions, monitors, cellular phones, digital cameras, DVDs and other home appliances. Diguang currently develops an average of approximately 50 new products per month. Diguang is a Nevada corporation with its manufacturing subsidiary located in Shenzhen, PRC, and ts sales and marketing subsidiary located in the British Virgin Islands.