Abview Data Acquisition

Shenzhen, China, Los Angeles CA 19 May 2004 – President sees continued, Abview Data Acquisition, sales growth and profitability for the remainder of mainly due to sales of telecom products in the first quarter of 2004 major works: – Revenues increased 23% for the year to drive growth in sales of primary products Phone Corrected – Item emergency flat net income of $ 1290000, an increase of over 30% of net income of $ 897,000 one year earlier – Including the extraordinary item, company reports loss for ($ 525,000) or ($ 0, 2002) for action on revenue, Abview Data Acquisition, of $ 897,000, or $ 0.

05 in the quarter preceding the year – The company strengthens the, Abview Data Acquisition, balance over 33.9 million U.S. dollars in cash, or $ 1.20 per share, from only $, Abview, Abview Data Acquisition, Data Acquisition, 2,420,000 in long-term liabilities – INDIA won the largest contract – $ 20,000,000 contract for producing Bell (R) phone industry International, Inc. (OTCBB : Idul) (INDI), a rapidly growing manufacturer and distributor of communication in the context of technology and batteries in China, today announced financial results for its first quarter ended March 31, 2004.

Revenues were $ 14,090,000, submitted to 23% from $ 11,450,000 in the first quarter of 2003. Phone related products to revenue growth Drive revenue growth in the first trimester due primarily to increased sales of end products of Indian communities, mainly wired and wireless phones. Separation of telecommunications equipment reported first quarter 2004 revenue of $ 8,790,000 from $ 6,640,000 to 32% last year. increased from new channels and expansion of revenue. Sales and lithium ion batteries, the company an extra source of income of $ 5.

3 million in fourth, Abview Data Acquisition, quarter by 10% to $ 4.81 in the first quarter of 2003. first net profit, excluding special items reported in more than 30% growth in first quarter INDI special one-time effects amounting to 1,810,000 shares of, Abview Data Acquisition, the Company related to the compensation plan. Without this, the company is in the first quarter of 2004, net income was, Abview Data Acquisition, $ 1,290,000, or $ 0.05 per share was over 30% of revenues, of which $ 897,000,, Abview Data Acquisition, or $ 0 05 per share last year.

Taking into account this factor, the company reported a net loss for first quarter 2004 ($ 525,000) or ($ 0.02) per fully share, compared with net income $ 897,000 or $ 0.05 per share fully diluted, compared with a year earlier. "We are very pleased with the financial and operating results for the first quarter, our track record of over 20% over last year to expand," said Dr. Kit Tsui, chairman and chief executive officer of International Industries. "We related to our overall, Abview Data Acquisition, growth of over 20% to 32% growth of our terminal products is proof that we successfully started, Abview Data Acquisition, a strong demand from Chinese consumers on the latest mobile technologies to penetrate.

Increasing battery of our business has been more modest, But has shown that demand is growing our OEM product in several transport and telecommunications sectors. "Continuous improvement, Abview Data Acquisition, in all financial business segments in both units per year INDI an increase in overall production and other costs to sell, Abview Data Acquisition, 0,000 to $ 10,170 in first quarter of 2004 from $ 8,020,000 last year, so the gross profit of $ 4,010,000 from 3.47 to 15.7% U.S. dollar in the, Abview Data Acquisition, first quarter of 2003.

Gross margin decreased year by year from 28.3% to 30.2%. The overall decrease in margin was the increase in operating costs and expenses as a result of joining the company in the fund, but the largest volume of goods as a whole. INDI expects its scope to keep improving, go ahead, because it reaches critical mass, and clearer as soon as it starts with the production and delivery of their 20 million U.S. dollars contract Unical Enterprises, Inc. to manufacture Bell (R ) phones. Sales and marketing expenses decreased by approximately 14% to $ 467,000 from $ 540,000 the previous year, mainly due to lower advertising costs.

General and administrative expenses increased by 46% to $ 668,000 in the first quarter of 2004 from $ 457,000 one year earlier. The company attributed the increase to start-up costs for enterprises in the new corporate headquarters in Los Angeles. Research and development Decreased by 3.1% to $ 281,000 to $ 290,000, mainly to reduce the use of resources in R & D. Depreciation decreased by 14.7% in the first quarter of 2004 to $ 116,000 with $ 136,000 in the first quarter of 2003 – Company recalls having separate its manufacturing strategy has shifted