SinoHub, Inc. Names Daniel Lui to Board of Directors

SANTA CLARA, Calif. and SHENZHEN, China, July 27 /PRNewswire-Asia/ -- SinoHub, Inc. (NYSE Amex: SIHI), a rapidly growing electronics company in the People's Republic of China currently engaged in electronic component sales, private label mobile phone manufacturing and sales, and electronic component supply chain management (SCM) services, today announced it has named Mr. Daniel Lui to the Company's board of directors effective July 22, 2010. Mr. Lui filled the vacancy created by the resignation of Robert S. Torino from the board effective July 9, 2010. Mr. Lui will also replace Mr. Torino as Chairman of SinoHub's audit committee.

Mr. Lui, who speaks native Mandarin, brings to SinoHub more than thirty years experience in banking and investments, accounting and finance, information technology and business strategy. Currently Mr. Lui is the Chief Executive Officer of Porcheers Consultants Limited, a strategic management consulting company focused on internal systems and controls, mergers and acquisitions, and corporate planning and investments. Previously, Mr. Lui was the director and Chief Financial Officer of China Digital Media Corporation, where he assisted in taking the company public in the U.S., and in establishing and implementing the accounting and financial systems and internal controls necessary to comply with the U.S. listing requirements. Earlier, Mr. Lui was the Founder and Managing Director of Beth Group, which built ERP systems. He also served as Director and General Manager of Tomson Pacific, a Hong Kong listed company, and worked in the merchant banking field advising companies on Hong Kong listings, and potential merger and acquisition opportunities. Mr. Lui graduated from Baptist University, with degrees in Business Management and Accounting. Mr. Lui obtained his MBA degree from the University of East Asia in Macau.

"We are pleased to announce the addition of Daniel Lui to our board of directors, and to the role of Chairman of the Company's audit committee," said Harry Cochran, Chief Executive Officer of SinoHub. "His experience and knowledge in the areas of accounting and finance, strategic planning and corporate governance will prove highly valuable to our board and management team and we look forward to his contributions in the future as we continue to focus on maximizing our opportunities as a rapidly growing electronics company in the People's Republic of China." Mr. Cochran added, "We appreciate the contributions made by Mr. Torino while serving as a member of our board and as Chairman of our audit committee. His resignation was not the result of any disagreement with the Company regarding its operations, policies, or practices."

About SinoHub, Inc.

SinoHub, Inc., founded in 2000 by entrepreneur Harry Cochran and electronics industry veteran Lei Xia to play a part in the electronics revolution in China, provides virtual contract manufacturing, electronic component purchasing, and world-class supply chain management services with transparent information access for participants in the electronic components supply chain in China. SinoHub conducts substantially all of its operations through its wholly-owned subsidiary SinoHub Electronics Shenzhen Limited in the People's Republic of China, its wholly-owned subsidiary in Hong Kong, B2B Chips Limited, which offers electronic component purchasing and its wholly owned subsidiary Topology Electronic Limited in the People's Republic of China, which provides contract manufacturing services currently focusing on the mobile phone market. For more information, visit the Company's Web site at http://www.sinohub.com and the B2B Chips Web site at http://www.b2bchips.com .

Cautionary Statement Regarding Forward-Looking Information

Some of the statements contained in this press release that are not historical facts constitute forward-looking statements under the federal securities laws. Forward-looking statements can be identified by the use of the words "may," "will," "should," "could," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "intends," "potential," "proposed," or "continue" or the negative of those terms. These statements involve risks known to the Company, significant uncertainties, and other factors, many of which cannot be predicted with accuracy and some of which may not even be anticipated, which may cause actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by those forward-looking statements. Such risks, uncertainties and factors include, but are not limited to, the Company's ability to expand its customer base, the ability to access capital for such expansion, assumptions concerning future economic and competitive conditions and other factors detailed from time to time in the Company's filings with the United States Securities and Exchange Commission including the Risk Factors detailed under Item 1A of the Company's Annual Report on Form 10-K filed with the Securities Exchange Commission on March 31, 2010. Readers are cautioned not to place undue reliance on these forward- looking statements. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For additional information, please contact:

    SinoHub, Inc.:
     Susan Liu
     Tel:   +86-755-2661-1080
     Email: [email protected]

    In the US:
     HC International, Inc.
     Ted Haberfield
     Tel:   +1-760-755-2716
     Email: [email protected]

SOURCE SinoHub, Inc.