New Energy Systems Group to Present at Global Hunter Securities' 2010 China Conference

NEW YORK and SHENZHEN, China, June 29 /PRNewswire-Asia-FirstCall/ -- New Energy Systems Group (OTC Bulletin Board: NEWN) ("New Energy"), a vertically integrated original design manufacturer and distributor of lithium ion batteries and backup power systems, announced today that it will present at the Global Hunter Securities 2010 China Conference taking place on July 11-13, 2010, at the St. Regis Hotel in San Francisco. The Company is scheduled to present on Tuesday, July 13 at 2:30 p.m. Pacific Time (5:30 p.m. ET).

Mr. Weihe "Jack" Yu, Chairman of New Energy, commented, "I am excited and looking forward to New Energy presenting at the Global Hunter Securities conference as part of our expanded effort to raise awareness within the U.S. investment community. This is our first U.S. investment conference, and we look forward to highlighting New Energy's expansion plans and future prospects as well as our strong financial performance."

The presentation will be broadcast live via the internet. The live broadcast will include slides and an audio webcast, which can be accessed from the investor relations section of the Company's website: http://www.newenergysystems.com . A replay will be available within one hour of the live presentation and will remain available for 90 days following the conference.

About Global Hunter Securities

Global Hunter Securities, LLC is a full service investment bank focusing on middle market corporate and institutional clients around the world. They provide insightful equity research, innovative capital raising and financial advisory services supported by a sales and trading staff with world-wide reach. Global Hunter has offices in Los Angeles, New York, Houston, New Orleans, Newport Beach, Dallas/Ft. Worth and Hong Kong, as well as a strong presence and reputation in mainland China. For more information about Global Hunter, please visit http://www.ghsecurities.com .

About New Energy Systems Group

New Energy Systems Group is a vertically integrated original design manufacturer and distributor of lithium ion batteries and backup power systems for mobile phones, laptops, digital cameras, MP3s and a variety of other portable electronics. The company's end-user consumer products are sold under the Anytone brand in China, and the company has begun expanding its international sales efforts. The fast pace of new mobile device introductions in China combined with a growing middle class make it fertile ground for New Energy's end-user consumer products as well as its high-powered, lightweight lithium ion batteries. In addition to historically strong organic growth, New Energy anticipates that it will benefit from economies of scale, broader distribution, greater production capacity and higher profit margins in 2010. Additional information about the company is available at: http://www.newenergysystemsgroup.com .

Forward Looking Statements

This release contains certain "forward-looking statements" relating to the business of the Company and its subsidiary and affiliated companies. These forward looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.

    For more information, please contact:

     Crescendo Communications, LLC
     David Waldman or John Quirk
     Tel:   +1-212-671-1020
     Email: [email protected]

SOURCE New Energy Systems Group

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