SIPP International Industries Inc. (OTC:IDUL)
Industry: Technology
Industries International Incorporated (IDUL), incorporated in January 1991, is a holding company whose subsidiaries are focused on the research, development, manufacture and commercialization of telecommunication equipment, lithium and lithium-ion batteries and battery testing equipment in the People's Republic of China (PRC) and globally. IDUL's wholly owned subsidiary Broad Faith Limited is a PRC-based company engaged in, through its subsidiaries, the research, development, production and distribution throughout PRC of communications terminal products, such as corded and cordless telephones, as well as their core components like printed circuit boards (PCB) and design and radio frequency modules. The Company, through Broad Faith and it subsidiaries, distributes its products through a network of over 5,100 points of sale in more than 200 cities and 28 provinces in PRC. It has three main business segments: Communications terminal products, battery products and battery testing equipment. In July 2004, the Company acquired Unical Enterprises, Inc., a worldwide licensee of the Northwestern Bell logo. Communications Terminal Products The Company develops, produces and distributes corded and cordless telephones, walkie-talkies, hand-to-hand radios and digital voice repeaters. It produces two series of corded telephones, the HA9000 series and the HCD9000 series of telephone. The HA9000 series include models with little functionality. The HCD9000 series provides more functionality, including caller identification display, time display, phone book, incoming and outgoing call history, a calculator, speed dialing, alarm and other features. The Company produces a line of cordless telephones categorized under its HWCD series offering 12 different models. The functionalities include channel selection, call history for incoming and outgoing phone calls, speed dialing, programmable International direct dialing (IDD) lock, auto redial, ringer selection, record and play handset options, intercom, caller identification display and multiple handset capability. The models are differentiated by their functions and by the number of handsets that come with the base unit. It also produces walkie-talkies and hand-to-hand radios under its WT series of products, and under its FW series of products, the Company produces digital voice repeaters for use by students of foreign languages. The digital voice repeaters are designed to play back words, phrases and sentences in foreign languages. The Company's competitors include TCL, Bu Bu Gao and Qiao Xing. Battery Products Through Li Sun Power, the Company designs and manufactures disposable and rechargeable lithium and lithium-ion batteries that are used in instruments, meters, computers, cameras and similar battery-powered devices. With 47 models of disposable batteries and 33 models of rechargeable batteries, the Company produces over 20 million batteries annually. The Company produces 47 different models of disposable lithium batteries that can be divided into three categories: lithium manganese dioxide button-type, lithium manganese dioxide cylindrical and lithium thionyl chloride. Thirty-six of the 47 models are being marketed. The remaining 11 models are in development stage, as additional engineering is still required. The Company produces 33 different models of rechargeable lithium-ion batteries that can be divided into three categories: button type lithium-ion, prismatic lithium-ion and large capacity lithium-ion. Twenty-eight of the 33 models are being marketed. The remaining five models are in development stage, as additional engineering is still required. Its competitors include Shenzhen BYD, Tianjin Lisen, Shenzhen Shun Wo and Shenzhen HYB. Battery Testing Equipment Through Li Sun Power, the Company designs and manufactures program-controlled specialized testing equipment for use in laboratories and technology research institutes for testing of chemical composition and functioning capacity of batteries. The professional testing equipment is designed for
As Of: 10/07 00:00 ET
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