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Tuesday, April 01, 2008

Diguang International Files Form 12B-25 Extension for 2007 Form 10K

Diguang International Files Form 12B-25 Extension for 2007 Form 10K

SHENZHEN, China, April 1, 2008 /Xinhua-PRNewswire/ -- Diguang International Development Co., Ltd. (OTC Bulletin Board: DGNG; "Diguang"), an emerging, China-based leader in the manufacture of CCFL and LED backlights for the LCD display industry, today announced that the Company has requested an extension to file its Form 10K for the fiscal year ended December 31, 2007. Diguang's request for a late filing derives from a need to consolidate the Company's historical financial statements to reflect the results of two newly acquired entities, North Diamond Ltd. and Dongguan Diguang Electronics Science & Technology Co. Ltd. Both enterprises were related companies under common control before they were acquired in 2007. Consequently, in order to conform to U.S. GAAP accounting standards, and to provide investors with greater transparency as to its financial position, Diguang will consolidate the 2005 and 2006 results of the affected firms as directed by its auditors.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070830/CNTH005LOGO )

To know more information please go to: http://yahoo.brand.edgar-/ online.com/fetchFilingFrameset.aspx?FilingID=5834025&Type=HTML

About Diguang International Development Co., Ltd.

Diguang, through its subsidiaries, specializes in the research, development, production, sale and distribution of backlights and backlight technologies. A backlight is the typical light source of a liquid crystal display (LCD). The Company is focused on providing LED and CCFL backlights for international producers of televisions, monitors, cellular phones, digital cameras, DVDs and other home appliances. Diguang currently develops an average of approximately 50 new products per month. Diguang is a Nevada corporation with its manufacturing subsidiary located in Shenzhen, PRC, and its sales and marketing subsidiary located in the British Virgin Islands.

   For more information, please contact:    Company Contact:    T.C. Shen, Assistant to the President    Diguang International Development Co., Ltd.    Tel: +1-626-593-5486    Investor Relations Contact:    Sean Collins, Senior Partner    CCG Elite    Tel: +1-310-477-9800 x202  
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070830/CNTH005LOGO
PRN Photo Desk, +1-888-776-6555 or +1-212-782-2840

Source: Diguang International Development Co., Ltd.

CONTACT: Company Contact: T.C. Shen, Assistant to the President of
Diguang International Development Co., Ltd., +1-626-593-5486; Or Investor
Relations Contact: Sean Collins, Senior Partner of CCG Elite, +1-310-477-9800
x202

Web site: http://www.diguang.com/


Profile: International Entertainment

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