DALLAS, Oct. 26, 2009 (GLOBE NEWSWIRE) -- InvestorSoup.com announces an investment report featuring ZST Digital Networks, Inc. (Nasdaq:ZSTN). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The investment report on ZST Digital Networks, Inc. (Nasdaq:ZSTN) should be of particular interest to other comparable companies: Comcast Corp. (Nasdaq:CMCSA), Time Warner Inc. (NYSE:TWX), DIRECTV Group Inc. (Nasdaq:DTV) and Dish Network Corp. (Nasdaq:DISH).
It is available at: http://www.investorsoup.com/lp/ZSTN
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ZST Digital Networks, Inc. (ZSTN) is engaged in supplying digital and optical network equipment to cable system operators in the Henan Province of China. The Company has developed a line of Internet protocol television (IPTV) set-top boxes that are used to provide bundled cable television, Internet and telephone services to residential and commercial customers.
In the report, the analyst notes:
"ZSTN, a provider of digital and optical network equipment systems to cable system operators in China, last week announced the pricing of its public offering of 3,125,000 shares of common stock. ZSTN has granted the representative of the underwriters a 45-day option to purchase up to an additional 468,750 shares of common stock. The shares are being offered to the public at $8.00 per share. Net proceeds from the offering are expected to be used for general corporate purposes and to fund GPS tracking unit inventories and related accounts receivable.
"ZSTN announced recently that it has appointed John Chen, M.D. as chief financial officer of the Company effective October 20, 2009, to replace its former chief financial officer, Zeng Yun Su. Dr. Chen will be integrally involved in all areas of financial reporting, regulatory compliance and corporate finance activities."
To read the entire report, visit: http://www.investorsoup.com/lp/ZSTN
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