Breaking News

Tweet TWEET

SGOCO Group to Announce Financial Results for its First Quarter 2013 Ended March 31, 2013 and Host Earnings Conference Call

  SGOCO Group to Announce Financial Results for its First Quarter 2013 Ended
               March 31, 2013 and Host Earnings Conference Call

PR Newswire

BEIJING, June 8, 2013

BEIJING, June 8, 2013 /PRNewswire/ -- SGOCO Group, Ltd. (Nasdaq: SGOC),
("SGOCO" or the "Company"), a company focused on product design, distribution,
and brand development in flat-panel display products, today announced that it
will announce its unaudited operating results for its fiscal 2013 first
quarter ended March 31, 2013 before the market opens on Monday, June 10, 2013.

SGOCO's management will host a conference call at 9 a.m. Eastern Standard Time
/ 9 p.m. Beijing Time on Monday, June 17, 2013 to discuss the financial and
operational results for the fiscal 2013 first quarter ended March 31, 2013.

To participate, please dial the following numbers five minutes before the
scheduled start time of the call and ask for the SGOCO call. The conference
call identification number is: 4620997#.

1-877-941-1427 (US Toll-free)
1-480-629-9664 (International)
400-120-0612 (China Toll-free)

The conference call will be broadcast live over the Internet. To listen to the
live webcast, please go to http://public.viavid.com/index.php?id=104868

In addition, a recording of the conference call will be accessible within 48
hours via SGOCO's website at:
http://www.sgocogroup.com/us/SGOC/irwebsite/index.php?mod=recent&id=14

About SGOCO Group, Ltd.

SGOCO Group, Ltd. is a company focused on product design, brand development,
and distribution in the Chinese flat panel display market, including computer
monitors, TVs, and application specific products. The Company sells its
products and services in the Chinese market and abroad. For more information
about SGOCO, please visit our investor relations website
http://www.sgocogroup.com.

For investor and media inquiries, please contact:

SGOCO Group, Ltd.

Serena Wu
Investor Relations Manager
Tel: +86-10-8587-0170 ext 815 (China)
US:1-(646) 583-1616 (voice mail)
Email: ir@sgoco.com

Safe Harbor and Informational Statement

This announcement contains "forward-looking" statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. These statements are made under the "safe harbor"
provisions of the U.S. Private Securities Litigation Reform Act of 1995. All
statements, other than statements of historical fact, including, without
limitation, those with respect to the objectives, plans and strategies of the
Company set forth herein and those preceded by or that include the words
"believe," "expect," "anticipate," "future," "will," "intend," "plan,"
"estimate" or similar expressions, are "forward-looking statements".
Forward-looking statements in this release include, without limitation, the
effectiveness of the Company's multiple-brand, multiple channel strategy and
the transitioning of its product development and sales focus and to a
"light-asset" model, Although the Company's management believes that such
forward-looking statements are reasonable, it cannot guarantee that such
expectations are, or will be, correct. These forward-looking statements
involve a number of risks and uncertainties, which could cause the Company's
future results to differ materially from those anticipated. These
forward-looking statements can change as a result of many possible events or
factors not all of which are known to the Company, which may include, without
limitation, requirements or changes adversely affecting the LCD and LED market
in China; fluctuations in customer demand for LCD and LED products generally;
our success in promoting our brand of LCD and LED products in China and
elsewhere; our ability to have effective internal control over financial
reporting; our success in designing and distributing products under brands
licensed from others; management of sales trend and client mix; possibility of
securing loans and other financing without efficient fixed assets as
collaterals; changes in government policy in China; the fluctuations and
competition in sales and sale prices of LCD and LED products in China; China's
overall economic conditions and local market economic conditions; our ability
to expand through strategic acquisitions and establishment of new locations;
changing principles of generally accepted accounting principles; compliance
with government regulations; legislation or regulatory environments;
geopolitical events, and other events and/or risks outlined in SGOCO's filings
with the U.S. Securities and Exchange Commission, including its annual report
on Form 20-F and other filings. All information provided in this press release
and in the attachments is as of the date of the issuance, and SGOCO does not
undertake any obligation to update any forward-looking statement, except as
required under applicable law.

SOURCE SGOCO Group, Ltd.

Website: http://public.viavid.com/index.php?id=104868
Website:
http://www.sgocogroup.com/us/SGOC/irwebsite/index.php?mod=recent&id=14
Website: http://www.sgocogroup.com