Comtech Group Adds Dr. Q.Y. Ma as an Independent Member to Its Board of Directors SHENZHEN, China, Dec. 23 /PRNewswire-FirstCall/ -- Comtech Group, Inc. (OTC:COGO.OB) (BULLETIN BOARD: COGO.OB) , a leading module design solutions provider in China focused on the mobile handset and telecom equipment industries, announced today that Dr. Q.Y. Ma will join the Board of Directors of Comtech Group, as an independent director. Dr. Ma is the Managing Partner of Time Innovation Ventures (TIV), a venture capital firm focused on funding technology start-ups and joint ventures in China. He has over 18 years of R&D experience with several technology companies in North America. In Asia, Dr. Ma co-founded Semiconductor Manufacturing International Corp. (SMIC), China's first IC foundry, currently trading on the HKSE and NYSE exchanges. Other investments of his in the electronics, telecom, and media sectors include Comlent, AIC, Mediachip, CSI, TiMed, and XKX. In addition, Dr. Ma has been an Associate Professor at Columbia University, Harvard University Medical School and Hong Kong University. He has published over 160 papers and has obtained 7 patents. Dr. Ma is a recipient of the U.S. National Science Foundation Career Award. "We are delighted that Dr. Ma has chosen to join our Board of Directors," said Jeffrey Kang, Chairman and Chief Executive Officer. "He brings distinct expertise and insight to Comtech. Since 1998, Dr. Ma has been promoting development of the microelectronics industry in China. His efforts have facilitated positive government policy changes in favor of the IC industry and to the establishment of Northern Microelectronics Industry Base (NMIB) in Beijing and Zhangjiang Microelectronics Park in Shanghai. "We believe that his activism, coupled with his industry expertise and relationships within the Chinese government, will bring increased business and strategic value to Comtech," concluded Kang. Dr. Ma received his Ph.D. from Columbia University, and is a graduate of Stanford Executive Program (SEP) of Stanford Business School. Comtech's Board of Directors currently consists of seven members, five of whom are independent. Dr. Ma has replaced Bin Li, who has resigned. About Comtech Comtech Group, Inc. is a module design solutions provider in China, focused on the mobile handset and telecom equipment industries. The Company's client base has grown to serve over 200 companies in the mobile handset and telecom equipment industries in China. Its team of engineers works with manufacturers of mobile handset and telecom equipment to design solutions that meet their needs. The Company designs solutions for mobile device products, including liquid crystal display (LCD) modules, camera modules, persistent storage modules, input/output modules, sound system and power supply modules. In the telecom equipment industry Comtech targets optical solutions, data communication solutions, public switched telephone network (PSTN) switching and wireless base stations. Safe Harbor Statement This press release includes certain statements that are not descriptions of historical facts, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. These forward looking statements may include the description of our plans and objectives for future operations, assumptions underlying such plans and objectives and other forward looking terminology such as "may," "expects," "believes," "anticipates," "intends," "expects," "projects," or similar terms, variations of such terms or the negative of such terms. Such information is based upon various assumptions made by, and expectations of, our management that were reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to significant economic and competitive uncertainties and contingencies beyond our control and upon assumptions with respect to the future business decisions which are subject to change. Accordingly, there can be no assurance that actual results will meet expectations and actual results may vary (perhaps materially) from certain of the results anticipated herein. DATASOURCE: Comtech Group, Inc. CONTACT: Asia Pacific, Hope Ni, Chief Financial Officer of Comtech Group, Inc., ; or North America, Jason Golz of Financial Dynamics, +1-415-439-4532, or , for Comtech Group, Inc. Web site: http://www.comtech.com.cn/

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