VTech Holdings Wins ARC Awards
Hong Kong – VTech Holdings Ltd (HKSE: 303; ADR: VTKHY) announced today that the Group's 2007 Annual Report has won a Silver Award in the Electronics category of the 2008 international Annual Report Competition (ARC) Awards in New York.
"I am pleased that our efforts to provide a report that combines disclosure with clarity of presentation has been honoured in this prestigious annual competition in the United States. It is further recognition of the way in which we try to reach out to investors and provide them with timely and useful information," said Mr. Allan Wong, Chairman and Group Chief Executive Officer of VTech Holdings Ltd.
The international ARC Award is the world's largest and most respected annual report competition. Sponsored by MerComm, Inc., an independent organisation based in New York, it honours outstanding achievement in annual reporting based on creativity, clarity, effectiveness and excellence. This year, the competition attracted over 2,100 entrants from around the world, including corporations, non-profit organisations and government agencies.
VTech is one of the world's largest suppliers of corded and cordless telephones and electronic learning products. It also provides highly sought-after contract manufacturing services. Founded in 1976, the Group's mission is to be the most cost effective designer and manufacturer of innovative, high quality consumer electronics products and to distribute them to markets worldwide in the most efficient manner.