Copperweld Bimetallics, LLC News
Fushi Copperweld to Host Wire and Cable Conferences in Dalian
DALIAN, China, July 22 Xinhua-PRNewswire-FirstCall — Fushi Copperweld, Inc. (Nasdaq: FSIN), the leading global manufacturer of bimetallic wire used in a variety of telecommunication, utility, automotive and other electrical applications, today announced that it will host two Wire and Cable Conferences at its Dalian facility the week of July 21, 2008. Both events are organized by leading Chinese wire and cable associations and will focus on existing and new applications of bimetallic wires in the telecommunications and utilities industries.
The first event, held July 22-23 and sponsored by the Shanghai Electrical Cable Research Institute (SECRI) and the China's Electrotechnical Society's Electrical Cable and Wire Committee, will bring together major players within the cable industry to discuss current and potential applications of bimetallic products, CCA and CCS in the power cable and utility industries. Anticipated participants include representatives from SECRI, major cable manufacturers, and municipal power companies, including those serving Beijing, Guangdong and Liaoning.
The second event, held July 25 and organized by the 23rd Institute, will provide a forum for reports on the telecommunications and coaxial cable industries and discussions between industry professionals.
Mr. Li Fu, Chairman and Chief Executive Officer of Fushi Copperweld commented, ''We are pleased to be actively involved in the organization and participation of these leading industry events. We look forward to discussing the global trends in the bimetallic industry and educating participants about our growing bimetallic products and applications.''
About Fushi Copperweld
Fushi Copperweld, Inc. through its wholly owned subsidiaries, Fushi International (Dalian) Bimetallic Cable Co, Ltd., and Copperweld Bimetallics, LLC, manufactures bimetallic composite wire products, principally copper-clad aluminum wires ("CCA") and copper-clad steel ("CCS"). CCA and CCS wire offers greater value than solid copper wire in a wide variety of applications such as coaxial cable for cable television (CATV), signal transmission lines for telecommunication networks, distribution lines for electricity, electrical transformers, wire components for electronic instruments and devices, utilities, appliances, automotive, building wire, and other industrial wire. For more information on Fushi Copperweld, visit the Company's website: http://www.fushicopperweld.com/
Safe Harbor Statement
This press release may include certain statements that are not descriptions of historical facts, but are forward-looking statements. Forward-looking statements can be identified by the use of forward-looking terminology such as ''will'' ''believes'', ''expects'' or similar expressions. These forward-looking statements may also include statements about our proposed discussions related to our business or growth strategy, which is subject to change. Such information is based upon expectations of our management that were reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to uncertainties and contingencies beyond our control and upon assumptions with respect to future business decisions, which are subject to change. We do not undertake to update the forward-looking statements contained in this press release. For a description of the risks and uncertainties that may cause actual results to differ from the forward-looking statements contained in this press release, see our most recent Annual Report filed with the Securities and Exchange Commission (SEC) on Form 10-K, and our subsequent SEC filings. Copies of filings made with the SEC are available through the SEC's electronic data gathering analysis retrieval system (EDGAR) at http://www.sec.gov .
For more information, please contact: Nathan Anderson Director of IR & Corporate Development Fushi Copperweld, Inc. Email: ir@fushicopperweld.com Bill Zima & Ashley Ammon MacFarlane ICR, Inc. Tel: +1-203-682-8200
SOURCE Fushi Copperweld, Inc.
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