ADVISORY, May 8, 2008 (PRIME NEWSWIRE) --
What: Xiaoming Hu, Chief Executive Officer and Chairman of the Board of KANDI Technologies Corp. (KNDI), will preside over the Opening Bell. Where: NASDAQ MarketSite - 4 Times Square - 43rd & Broadway - Broadcast Studio When: Friday, May 9, 2008 at 9:30 a.m. ET Contacts: Ken Donenfeld DGI Investor Relations/Focus Asia Partners 212.425.5700 (office) 917-763-6933 (cell) donfgroup@aol.com kdonenfeld@dgiir.com NASDAQ MarketSite: Robert Madden 646.441.5045 Robert.Madden@NASDAQOMX.com
Feed Information:
The Opening Bell is available from 9:20 a.m. to 9:35 a.m. on Galaxy 26 - uplink IA6 C band / transponder 24, downlink frequency 4180 horizontal. The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact Robert Madden at (646) 441-5045.
Radio Feed:
An audio transmission of the Opening Bell is also available from 9:20 a.m. to 9:35 a.m. on uplink IA6 C band / transponder 24, downlink frequency 4180 horizontal. The feed can be found on Waterfront fiber 1623 as well.
Webcast:
A live webcast of the NASDAQ Opening Bell will be available at: http://www.nasdaq.com/about/marketsitetowervideo.asx
Photos:
To obtain a hi-resolution photograph of the Opening Bell, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market open of your choice.
About KANDI Technologies Corp. (KNDI):
KANDI Technologies, Corp. ("Kandi" or the "Company") founded in 2003 and headquartered in Zhejiang Province, The Peoples Republic of China, (the PRC), achieved a listing on NASDAQ in March, 2008 with the symbol: KNDI. In its core All Terrain Recreational Vehicle (ATRV) businesses, the Company generated nearly $35 million in sales in 2007, coupled with a 370% increase in profits to just over $5 million. Kandi ranks as the number one manufacturer and exporter of go karts in China. The Company's most recent focus in the ATRV category has been on specialized utility vehicles (UTVs), especially for agricultural purposes. This vehicle line is seeing strong growth, especially in the U.S., where Kandi sells approximately 70% of all its ATRV products, with the remainder exported to a variety of countries around the world. The most exciting new development at the Company is its plan to shortly launch in the U.S. its highly economical, beautifully designed off highway, super mini car for casual, neighborhood driving. Kandi believes that super minis will very rapidly become the Company's largest revenue and profit generators.
Additional information on the Company is available on its website: www.chinakandi.com