Diguang International Wins the In-House Supplier Role for Joint Venture of a Major Taiwan TFT-LCD Panel Maker for 15" to 19" Computer Monitor Backlights

Diguang International Wins the In-House Supplier Role for Joint Venture of a Major Taiwan TFT-LCD Panel Maker for 15" to 19" Computer Monitor Backlights

SHENZHEN, China, Nov. 15 /Xinhua-PRNewswire/ -- Diguang International Development Co., Ltd. (BULLETIN BOARD: DGNG) ("Diguang"), today announced that Diguang Electronics, its wholly-owned subsidiary, has entered into an agreement to lease the backlight production equipment and produce backlights inside the Wuhan joint venture plant of one of the four Taiwan Tigers of the TFT-LCD panel industry. Diguang will be supplying 15"-19" CCFL backlights for computer monitors to the panel maker. Diguang expects to start trial runs in December 2006. The demand potential could amount to 200,000 pieces per month following a ramp-up period of 6 to 9 months. This will be the second customer for its new 15"-19" backlight offerings for computer monitors that Diguang has secured in the past few months.

"We are very excited to win the role as the in-house supplier to this important company," commented Song Yi, Diguang's Chairman and Chief Executive Officer. "They are a top-tier TFT-LCD panel maker that holds a significant share of the global TFT-LCD panel market. We were the only Chinese mainland company competing with several Taiwanese companies. We are pleased to win this company's vote of confidence and we believe this proves the attractiveness of our products and services in the global market place. We hope that our relationship with this company will expand over time and lead to further business cooperation. We also believe that this company's validation of our new offerings will pave the way for faster market penetration of these new products."

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.

Safe Harbor Statement

This press release contains forward-looking statements made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward looking statements are statements that are not historical facts including statements about our beliefs and expectations that (i) our relationship with the Taiwan company will expand over time and lead to further cooperation between us and (ii) the Taiwan company's validation of our new product offerings will pave the way for faster market penetration of those new products. Such forward-looking statements are based upon the current plans, estimates and projections of Diguang's management and are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: business conditions in China, weather and natural disasters, changing interpretations of generally accepted accounting principles; outcomes of government reviews; inquiries and investigations and related litigation; continued compliance with government regulations; legislation or regulatory environments, requirements or changes adversely affecting the businesses in which Diguang is engaged; fluctuations in customer demand; management of rapid growth; intensity of competition from other providers of backlights; timing approval and market acceptance of new products introduction; general economic conditions; geopolitical events and regulatory changes, as well as other relevant risks not included herein, as well as risks outlined in the Company's filings with the U.S. Securities and Exchange Commission. The information set forth herein should be read in light of such risks. Diguang does not assume any obligation to update the information contained in this press release.

Company Contact:
Jackie You Kazmerzak, CFO
Diguang International Development, Ltd.
925-457-1445

Investor Relations Contact:
Sean Collins, Sr. Partner
CCG Investor Relations and Strategic Communications
310-477-9800, ext. 202

Source: Diguang International Development Co., Ltd.

CONTACT: Jackie You Kazmerzak, CFO, Diguang International Development,
Ltd., +1-925-457-1445; or Investor, Sean Collins, Sr. Partner, CCG Investor
Relations and Strategic Communications, +1-310-477-9800, ext. 202

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

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