Deer Consumer Products, Inc. to Report 3rd Quarter 2010 Results on November 10, 2010 Before U.S. Market Opens, Investor Conference Call at 8:30 am EDT, November 10, 2010

NEW YORK, Nov. 2, 2010 /PRNewswire-FirstCall/ -- Deer Consumer Products, Inc. (Nasdaq: DEER) (website: http://www.deerinc.com/),one of the world's largest vertically integrated branded and ODM/OEM manufacturers of small home and kitchen appliances marketing to both global and China domestic consumers announced today that it will report 3rd quarter financial results on November 10, 2010 before the U.S. market opens, for the quarter ended September 30, 2010.

During the 3rd quarter of 2009, DEER reported revenues of $26.54 million and net income of $4.12 million. Seasonally, the 2nd half of each year are Deer's two strongest quarters.

Deer management will host an investor conference call after the 3rd quarter earnings release.

Investor Conference Call Instructions:

Deer Consumer Product Inc.  2010 Third Quarter Earnings Call

Date and time:  Nov 10, 2010, 8:30 AM Eastern Time

International direct:   +1 617 614.2702

US Toll free:  1 866 800.8648

Passcode:  774 291 73

About Deer Consumer Products, Inc.

Deer Consumer Products, Inc. (Nasdaq: DEER; website: http://www.deerinc.com/) is a NASDAQ Global Select Market listed U.S. company with its primary operations in China. Deer has a 15-year operating business as well as a strong balance sheet. Operated by Deer's founders and supported by more than 103 patents, trademarks, copyrights and approximately 2,000 employees, Deer is a leading designer, ODM/OEM manufacturer and global marketer of quality small home and kitchen electric appliances. Deer's product lines include blenders, juicers, soy milk makers and a large variety of other home appliances designed to make today's lifestyles simpler and healthier. With more than 100 global clients/branded products such as Black & Decker, Ariete, Disney, Toastmaster, Magic Bullet, Back to Basics, Wal-Mart, and a rapidly expanding China domestic market footprint, Deer has enjoyed triple-digit growth in revenues and earnings in the recent years.

Safe Harbor Statement

All statements in this press release that are not historical are forward-looking statements made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. There can be no assurance that actual results will not differ from the company's expectations. You are cautioned not to place undue reliance on any forward-looking statements in this press release as they reflect Deer's current expectations with respect to future events and are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated. Potential risks and uncertainties include, but are not limited to, the risks described in Deer's filings with the Securities and Exchange Commission.

SOURCE Deer Consumer Products, Inc.