SHENZHEN, China, March 5, 2007 (PRIME NEWSWIRE) -- Argenta Systems, Inc. (OTCBB:AGTA), a consumer electronics maker based in China, announced today that the company has changed its name to "Shiming U.S., Inc." effective March 5, 2007, in order to make its corporate name consistent with its brand name. The name change was approved by majority consent of the company's shareholders, and by its board of directors. The company's stock shall trade under the ticker symbol (OTCBB:SGUS) on the OTC Bulletin Board, effective 9:30 a.m. EST on March 5, 2007.
About Shiming
The Shiming group is a consumer electronics maker based in China, with a particular focus on the development and manufacture of competitively-priced liquid crystal display (LCD) products, including high-definition TVs (HDTV) and computer monitors. The company's manufacturing plant is located in the Changxin High and New Technology Industrial Garden in Shenzhen, China. For several years Shiming has been involved in the research and development of consumer electronics products and technologies such as LCD, plasma displays, and household electronics.
Shiming was originally formed in 1999 as Shanxi Shiming Science & Technology Joint Stock Company Ltd., under the laws of the PRC. In November 2006, the company combined with Argenta Systems, Inc., a publicly traded company incorporated in Nevada and quoted on the OTC Bulletin Board. For further information about Shiming, please refer to the company's current report on Form 8-K filed with the U.S. Securities and Exchange Commission on November 13, 2006, and periodic reports for subsequent periods.
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