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INFOSMART BRINGS BLU-RAY DVD DVD PRODUCTION TO GREATER CHINA

Infosmart operates state-of-the-art DVDR and storage media production facilities in Hong Kong and Brazil and is preparing to manufacture Flash memory. InfoSmart has production flexibility to upgrade its manufacturing capacity to include production of High-Density and now BLU-RAY DVD disks. "The victory of BLU-RAY DVD in our industry was an anticipated result for InfoSmart. Though we initially hedged our positions on both platforms, we certainly concentrated our efforts to find a viable BLU-RAY DVD line well before the decision was made by consumers," Parker Seto, InfoSmart CEO, stated in a press release. "BLU-RAY DVD production complements our company strategy to expand into optical discs with content and positions our company as the leader in Hong Kong and China." InfoSmart and Anwell have also agreed to collaborate and leverage on each other's strengths. Specifically, the two companies will share the BLU-RAY DVD disc manufacturing process know-how with each other. On February 19, 2008, Toshiba announced that it had bowed out from the format war. The system's manufacturer, Anwell Technologies, is a Singapore-based company specializing in optical disc replicators and peripherals. Anwell has more than 120 disc replicating systems throughout the world. The Anwell Smart BD system purchased by InfoSmart is capable of producing 500,000 units per month once 100% operational. InfoSmart anticipates a go-live date of the manufacturing line by the end of June 2008. The company disclosed the buy-price of the unit at US$1.4 million.
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