August 16, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — New Energy Systems Group (AMEX: NEWN), a manufacturer and distributor of lithium-ion batteries and backup power systems, said that it has been approved to list its common stock on NYSE AMEX. Trading of New Energy's shares on the exchange begins on August 16, under its current ticker symbol, "NEWN." The company had been trading on the OTCBB.

Weihe Yu, New Energy’s chairman, said, "We anticipate that New Energy will benefit from greater visibility within the investment community, and a broader universe of potential investors."

New York-based New Energy Systems is a vertically integrated original design manufacturer and distributor of lithium-ion batteries and backup power systems for mobile phones, laptops, digital cameras, MP3s and a range of other portable electronics.

The company's end-user consumer products are sold under the Anytone brand in China, and New Energy has recently begun expanding its international sales efforts.

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