Exhibit
99.1
SGOCO's
Extraordinary General Meeting Approves Name Change to SGOCO Group,
Ltd.
JINJIANG
CITY, China, Nov. 18, 2010 /PRNewswire-Asia-FirstCall/ -- SGOCO Technology, Ltd.
(OTC Bulletin Board: SGTLF.ob - News), (the "Company" or "SGOCO"), a national
distributor, designer and manufacturer of flat panel displays, including liquid
crystal display ("LCD") and LED PC Monitors, TVs and application-specific
display solutions in China, today announced that its extraordinary general
meeting approved the resolution to change the Company's name to SGOCO Group,
Ltd., effective November 17th, 2010.
The
Company's stock symbol "SGTLF" will remain unchanged.
About SGOCO Group,
Ltd.
SGOCO
Group, Ltd. is a national distributor, designer and manufacturer of flat panel
displays, including liquid crystal display ("LCD") and LED PC Monitors, TVs and
application-specific display solutions in China. SGOCO is dedicated to providing
high quality, branded flat panel display solutions at affordable prices for
Chinese consumers and emerging markets worldwide. For more information about
SGOCO, please visit http://www.sgoco.com.
For
investor and media inquiries, please contact:
Company
Contact
China
SGOCO
Group, Ltd.
Peggy
Yuan
Tel: +
86-10-5879-7435 ext 808
Email:
peggy@sgoco.com
Investor
Relations Representative
United
States
The
Equity Group, Inc.
Lena
Cati
Tel: 212
836-9611 / lcati@equityny.com
Linda
Latman
Tel: 212
836-9609 / llatman@equityny.com