LOS ANGELES, Aug. 5, 2004 (PRIMEZONE) -- MB Tech, Inc. (OTCBB:MBTT) announced today that it has appointed Mr. Teakwan Cho, who will act as CTO (Chief Technology Officer) for the Company.
Mr. Cho has an extensive engineering background and various human networks in R&D, manufacturing and business throughout the industry.
Mr. Cho has had a very distinguishing career as CTO developing antenna and satellite related products in engineering companies such as Hanwon Telecom, Telwave, MN Tech, Samwon Metal Engineering, Sigma Electronics and Sangshin Electric.
He executed a project for "SMART Antenna for CDMA" with SK Telecom, the largest telecom company in Korea.
He was also in charge of developing CDMA Repeater for mobile phones and Auto Tracking Receive Antenna at Hanwon.
Mr. Cho also completed a project to develop Multiplex & Flat Antenna for the Military with the Agency for Defense Development.
In addition to such developments, he has gained considerable experience in manufacturing the products that he developed. While at MN Tech, he took charge of manufacturing a monthly figure of around 80,000 sets of LNB for Satellite Receivers.
While at Samwon, he supplied AM, FM, TV Antenna with an annual worth of US$20 million to most of Korean Motor companies including Hyundai, Kia and Daewoo.
Hanwook Bae, President of MB Tech commented, "Mr. Cho's experience and network reach in the industry should prove to be extremely valuable to MB Tech as he upgrades our products and development strategies for new technologies and products in commercial and military business." Mr. Bae added, "His first mission in MB Tech focuses on the break through in our Flat Antenna line of products for North America."
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.
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.