LOS ANGELES, April 23, 2004 (PRIMEZONE) -- MB Tech, Inc. (OTCBB:MBTT) announced today that it is in the process of finishing its 10k and expects to file the documents within the next several days.
Sangeon Park, CFO of MB Tech commented, "The Company is running slightly behind due to the addition of updated information to the 10k regarding the business. Our auditing firm has worked diligently on the financial statements and has provided their sign-off. We are finishing the MD&A and are expecting to file in the next few business days."
About MB Tech, Inc.
MB Tech is a global manufacturer and distributor of electronic components. MB Tech and its subsidiaries produce products for the DBS satellite industry and state of the art RF microwave and communications technologies with consumer and military applications.
MB Tech serves the satellite television market as a provider of hardware and bundled solutions, and is expanding to serve the satellite radio and military hardware and solutions sectors. MB Tech manufactures several proprietary solutions that differentiate it from competitors, including active and non-active auto-tracking (portable and stationary) flat antennas.
MB Tech pioneered advancements like the 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
Safe Harbor Act Disclaimer
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.