InfoSmart Group, Inc. announced this week that it has purchased a
Blu-Ray Disc replication system from Anwell Technologies. This new system will be installed in InfoSmart's Hong Kong plant and is
expected to go live by the end of June 2008.
InfoSmart Group, Inc. ("InfoSmart" or the "Company") (OTCBB: IFSG), a
leading recordable digital versatile disc ("DVDR") manufacturer in Hong Kong and Brazil, today announced its recent purchase from the
world's only vertically integrated optical disc equipment maker. Anwell Technologies has sold their Blu-Ray Disc (BD) replication system
-- "Smart BD" -- to InfoSmart. The BD system will be installed in InfoSmart's Hong Kong plant making it the first Blu-Ray Line in
commercial use in China and Hong Kong.
InfoSmart and Anwell have also agreed to collaborate and leverage on each other's
strengths. Specifically, the two companies will share the Blu-Ray disc manufacturing process know-how with each other. On February 19,
2008, Toshiba announced that it had bowed out from the format war. According to research firm Understanding & Solutions, it is estimated
that global demand for Blu-Ray discs is expected to increase from 0.13 billion in 2007 to over 1.5 billion in 2011.
If
you'd like to read more, InfoSmart's entire press release can be found here.
