LOS ANGELES, Sept. 19, 2003 (PRIMEZONE) -- MB Tech, Inc. (OTCBB:MBTT), a global manufacturer and distributor of satellite electronics, today announced that it has engaged Elite Financial Communications Group, LLC, a full service, pro-active financial communications, investor relations and strategic resourcing firm, to serve as its investor and financial media relations counsel.
Elite will work closely with MB Tech's executive management team to develop comprehensive investor relations' messages that will most pro-actively convey MB Tech's strategic vision, operational and financial performance and ongoing business expertise. In addition, Elite will assist in the development of customized, high quality, high-impact and fully integrated media communications programs designed to increase consumer, industry and investor awareness of the Company's exciting growth strategies.
Dodi Handy, President and CEO of Elite, stated, "Based on the global market potential for MB Tech's proprietary DBS Flat Antenna, coupled with its aggressive acquisition strategy, it is apparent to Elite that this is a company with a very exciting future. Consequently, we are very pleased to be working with MB Tech and look forward to playing a meaningful role in the Company's ultimate success."
About Elite Financial Communications Group, LLC
Headquartered in Lake Mary, Florida with regional and partner offices in Miami and New York City, Elite Financial Communications Group combines diverse expertise, influence, talent and capabilities to achieve quantifiable results for both publicly traded and privately held companies. Established in December 2001 by a partnership group composed of highly reputable financial, marketing and business experts, Elite is rapidly earning international distinction for challenging industry convention and for taking the lead in establishing best practices for pro-active financial communications, investor relations and strategic resourcing. Visit www.efcg.net for more information.
About MB Tech, Inc.
MB Tech is a global manufacturer and distributor of satellite components. The primary product MB Tech produces is ``LNB'' Low-Noise Blockdown converters, which are the essential element enabling DBS satellites to receive and convert satellite transmission signals. MB Tech currently serves the satellite television market, and is expanding to serve the satellite radio and military hardware sectors. MB Tech manufactures several proprietary LNB solutions that differentiate it from competitors. MB Tech's product line includes a dual-horn LNB which allows multiple set-top boxes to be connected to a single satellite dish, enabling viewing of multiple channels simultaneously on different television monitors, and a tri-horn LNB, which provides the ability to download signals from multiple satellites over a single dish. For more information refer to the company's website at: http://www.mbtech.us.
The statements contained in this release and statements that the Company(s) may make orally in connection with this release are not historical fact and are forward-looking statements within the meaning of the private securities Litigation Reform Act of 1995. Actual results may differ materially from those forward-looking statements, as such statements involve risks and uncertainties that could significantly impact the company's business and the actual outcome and results may differ materially.
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CONTACT Elite Financial Communications Group
Stephanie Noiseux,
Vice President of Client Relations
(407) 585-1080
steph@efcg.net