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Newport Digital Technologies CEO Gary DeMel Completes Meetings with Taiwan Partners and Provides Update on Business Development Activities

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NEWPORT BEACH, Calif., Sept. 23 /PRNewswire-FirstCall/ -- Newport Digital Technologies, Inc. (OTC Bulletin Board: NPDT) (www.newportdt.com) CEO Gary DeMel provided an update on business development activities three months of taking control of the day-to-day operations of the company and after just returning from an extended visit to Asia where he met with key partners.

"The first 90 days of my tenure at NPDT have been incredibly productive," said Mr. DeMel. "When I arrived at NPDT, I was enthusiastic about the potential for our company; especially the opportunity to work closely with Taiwan Industry and Taiwan's premier technology R&D incubators - the Institute for Information Industry (III) and the Industrial Technology Research Institute (ITRI). Throughout my career with Intel, Level One Communications and ATI, I was always bringing technology into Taiwan for development. Now I am able to take leading edge technologies from our R&D partners here and bring them to market worldwide."

"Having just returned from two weeks of meetings with our partners in Asia, and after successful high level meetings with III and ITRI, I am happy to report that the company is on track and has built a solid foundation for launching sales, building revenue and becoming a leader in wireless innovation," Mr. DeMel continued. "We've achieved the goals I set out when I arrive that include building our management team with the addition of our talented COO, Weiling Tsao, formerly of ATI/AMD. We have successfully established our offices in Taiwan; recently opened a sales and technical office in Bentonville, AK, are in the process of and will be announcing establishing a presence in Tokyo."

"With our near term focus on wireless technologies in RFID and WiMax, with our close collaboration with III and ITRI fortified, and our operational infrastructure in place, Mr. Tsao and I have been traveling extensively establishing partnerships with key companies to bring our technology solutions to market. While I am not at liberty to yet announce our developing partnerships, they are a key component of our strategy to take leading edge products to market quickly through large, established sales channel partners."

"We have partnered with Microsoft (NASDAQ: MSFT) to use their Windows mobile platform operating system on all of our computing devises, established a distribution relationship with Ingram Micro (NYSE: IM), and simultaneously we are certifying our RFID technology with one of the largest wireless companies in the world in order to effectively launch our wireless RFID solution built around the N37B handheld computing devise with advanced RFID reader capability. Behind that product launch, we are in final stages of preparing our WiMax solutions for the market. And beyond WiMax, we are developing technology solutions with III and ITRI in the wireless telecommunications, medical, security and digital signage markets. We will be providing details of all these initiatives in the coming months."

"The key to NPDT's business model and what gives us a sustainable competitive advantage is the access and worldwide rights to leading edge technology developed at III and ITRI, the ability to customize these technologies economically and partner with established sales channels that have strong demand for our solutions. And after delving into the business for the past three months, those opportunities are bigger and more exciting than I first imagined. I look forward to sharing progress with shareholders of NPDT over the coming year as we implement our business strategy."

Click here to visit social media version of this release.

Click here to visit the Newport Digital Technologies social media newsroom.

ABOUT NEWPORT DIGITAL TECHNOLOGIES, INC.

Newport Digital Technologies, Inc. (NPDT) is a technology solutions driven company organized to focus on serving five of the fastest-emerging businesses in the technology space - RFID (radio-frequency identification), WiMax, eLearning, Digital Signage & LED Lighting and Security & Surveillance solutions. NPDT is developing and plans to deliver these technology solutions through strategic collaborations with global partners, including Taiwan Industry and Taiwan's premier technology R&D incubators - the Institute for Information Industry (III) http://www.iii.org.tw/english/ and the Industrial Technology Research Institute (ITRI) http://www.itri.org.tw/eng/. Once developed, NPDT will customize these technology solutions and plans to market them through Fortune 1000 channel partners and systems integrators on a worldwide basis.

Safe Harbor: This press release contains certain forward-looking statements with respect to NPDT and its business. Statements that are not historical facts are identified as "forward-looking statements". The words "estimate," "project," "intend," "expect," "believe," "plan," and similar expressions, particularly when used in the "future tense", are intended to identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. They rely on a number of assumptions outside of NPDT's control, and involve significant risks and uncertainties. NPDT's success in obtaining future equity and debt capital on commercially reasonable terms, in obtaining advantageous contracts yet to be negotiated, and in developing products which find market acceptance and generate a profit, among other factors, will determine NPDT's future business results. See the Company's SEC reports. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

    CONTACT:
    Newport Digital Technologies, Inc.
    Michael Lutton, President
    mlutton@newportdt.com
    or
    Elsie Kao
    General Manager, Taiwan
    elsiek@newportdt.com.tw
    or
    E & E Communications
    Paul Knopick
    949/707-5365
    pknopick@eandecommunications.com

SOURCE Newport Digital Technologies, Inc.


 
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