News Archives ::: Media Release DISTech


For Immediate Release

 

DAB radio maker records increase of 46% growth in revenue

MSC-status DIS Technology captures DAB radio and multi-charger markets in Europe

 

Pulau Pinang, 29 November 2007 – DIS Technology Holdings Berhad (DISTech) - a listed company on the MESDAQ Market of Bursa Malaysia Securities Berhad, announced a record increase of 46.03% growth in revenue for the nine months financial period ended 30 September 2007 of RM90.64 million compared to the preceding year corresponding financial period’s revenue of RM62.07 million. Its profit before taxation (PBT) reached a new high of RM2.52 million or 36.22% compared to the preceding year’s corresponding financial periods of RM1.85 million. 

 

Group Managing Director, Dustin Cheah enthused, “I’m pleased to see the market acceptance of our DAB radios and multipurpose portable chargers. This is definitely great news for our research and development team as we are constantly striving to develop innovative products under the Blue ThunderTM brand. Our next move is to target the U.S. market with internet radios,”.

 

Blue Thunder (TM) HALO - multipurpose portable charger.

(right click, save as > hi-res image suitable for publications)

 

In August 2007, the Group established wholly-owned subsidiary company DIS Technology (Hong Kong) Limited as the trading company for electronic components and consumer electronic devices. Its Hong Kong arm which commenced business in August 2007 has already contributed RM3.9 million to the total revenue for the 9 months financial period ended 30 September 2007. The profit before tax (PBT) for the current quarter under review of approximately RM1.08 million was slightly higher than the immediate preceding financial quarter of RM0.98 million with the increment mainly a result of the improvement of sales from the Company’s new source in revenue from the sales of DAB radios and multipurpose portable chargers.

 

Looking ahead, the Group has obtained pre-orders for its DAB radios and the multipurpose portable chargers. DISTech will also be concentrating on new R&D activities to deliver more innovative gadgets to satiate the increasing demand especially from Europe with plans to capture the U.S. market with new products like Internet radios which will be another global growth market. 

 

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Note to editors:

Further product information and pictures for DISTech's HALO and DAB Radio products are available upon request.

 

Fact Sheet

 

About DIS Technology Holdings Berhad

DISTech, an MSC status company is a leading electronic device innovator and trendsetter in Malaysia listed on the MESDAQ Market of Bursa Malaysia Securities Berhad . Strategically located in Penang – the Silicon Valley of Malaysia, DISTech comprises of three wholly-owned subsidiaries – Digital Integrated System Sdn. Bhd. ("DIS"), Modern Solution Sdn. Bhd. ("MSSB"), Zeon Computer (M) Sdn. Bhd. To cater to its growing export markets, the Group established DIS Technology (Hong Kong) Limited in August 2007.

 

DISTech has grown itself as a pioneer in the DAB industry in Malaysia. The successful penetration into DAB technology was a timely corporate decision in view of thinning margins in the computer peripherals business. Since it's maiden visit to CeBIT – the world's largest digital IT and telecommunication fair in 2005, the Blue Thunder TM  brand of DAB radios has attracted the attention of UK and European distributors because of its innovative design. A member of the World DAB Forum, DISTech satisfies international standards and is armed with the ISO 9001:2000 certification plus a string of awards.

 

DISTech is actively involved in research and development to further enhance existing products as well as develop new high-tech devices to satiate the ever increasing demand of tech-savvy consumers. Two such products which have garnered international interest are the Blue ThunderTM DAB Radio and multipurpose portable charger, Charger Mate.

DIS is the marketing and distribution arm of Blue Thunder TM products. It also manages OEM requests.  (http://www.dism.com). While MSSB is the online marketing arm of the group, and markets Blue Thunder TM  products through its online portal Dolar Maker ( http://www.dolarmaker.com). Zeon Computer, the newest of the three subsidiary companies will function as a distributor and reseller of Blue Thunder TM products as well as a service centre for all Blue Thunder TM products, further extending the company's reach and capabilities to provide a customer-centric service ( http://www.zeon.com.my).

Zeon Computer (M) Sdn Bhd (‘Zeon”), a wholly owned subsidiary company of DIST has incorporated a wholly-owned subsidiary company known as Cebiz Distribution (M) Sdn Bhd (“Cebiz”) in August 2007. Cebiz is in the business of trading and distribution of computer, communication, electronic and electrical, consumer, office equipment and industrial products.
 


Throughout the years, DISTech has garnered several awards along the way, among the most prominent of the achievements are acquiring Multimedia Super Corridor ("MSC") status in 2002 and getting listed on the MESDAQ market of Malaysia Stock Exchange in 2004 as well as its recent ISO 9001:2000 certification. Other prestigious awards under DISTech's belt are the Asia Pacific International Honesty Enterprise-Keris Award 2004, Business of the Year Award 2004, Asia Pacific e-Entrepreneur Excellence Brand Award 2005, Pikom Award 2005, Asia Pacific Super Excellent Brand 2006/2007 Award and the latest Pikom Product of The Year 2006 Finalist.   

 

Issued on behalf of DIS Technology Berhad by

novapr – a division of Go International Group Sdn Bhd

integrated communication solutions : www.novapr.com

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