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Dionics, Inc. Reports 2008 Profits Up 67% On Sales Rise of 13%
WESTBURY, N.Y., April 1, 2009 (GLOBE NEWSWIRE) -- Bernard L. Kravitz, president of Dionics, Inc. (OTCBB:DION), a semiconductor / micro-electronics manufacturer best known for its high-reliability photovoltaic (PV) MOSFET Drivers, announced today the Company has just filed its SEC Form 10K report for 2008. Aside from what they consider the "glowing" contents of the report, management is quick to comment that this is the first on-time 10K report in six-years, reflecting the company's newly-acquired "current" SEC status. As Kravitz points out, "In addition to now being current with our SEC reporting, we have also gained re-listing of our Common Stock on the OTC Bulletin Board. These moves should help us greatly in our near-term efforts to increase shareholder value."