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Newport Digital Technologies, Inc. Announces Completion of Corporate Name Change

Name Change Reflects Company’s Focus on Commercializing and Selling Leading Edge Technologies in RFID, Wireless, eLearning, Digital Signage/LED Lighting and Security/Surveillance Solutions to Markets Worldwide

Company Details Its Emerging Business Model and Strategic Relationship with Taiwan’s Premier R&D Powerhouses III and ITRI and Taiwan's Technology Industry

New Stock Symbol is NPDT

NEWPORT BEACH, California, April 24, 2009 (GLOBE NEWSWIRE) Newport Digital Technologies, Inc. (OTCBB:NDTE) announced today that it has completed its corporate name change and has changed its trading symbol on OTCBB to 'NPDT'. The name change to Newport Digital Technologies, Inc. (NDT) reflects the company's focus on bringnig world-class technology solutions to five of the fastest-emerging businesses in the technology space. NDT's portfolio of competencies iuclude end-to-end RFID (radio-frequency identification), WiMax, eLearning, Digital Signage & LED Lighting and Security & Surveillance solutions .

Said NDT President and Chief Operating Officer, Michael Lutton, 'Through strategic collaborations with global partners, NDT is developing and will deliver proprietary innovation in these areas through a unique business strategy that minimizes both cost and risk. NDT's strategy intends to leverage the research and development, intellectual property (IP), design and viability of products, platforms and solutions already commercially established and then market them through Fortune 1000 channel partners and global integrators on a worldwide basis.'

Mr. Lutton continued, 'Our technological edge comes from a synergistic and exclusive partnership with Taiwan’s premier technology R&D incubators – the Institute for Information Industry (III) and the Industrial Technology Research Institute (ITRI), These R&D powerhouses have a pool of over 7,900 high-caliber engineers and have built up cutting-edge capabilities in fields such as information communications technology, electronics and nanotechnology. With our Taiwanese R&D partners, NDT will develop and customize revolutionary technology solutions in its five core business areas. We will co-own all intellectual property that we co-develop with III and ITRI and we will have the exclusive worldwide distributions rights for these technology solutions, products and applications. We will also leverage Taiwan's stellar technology industry manufacturing resources.'

Mr. Lutton added, 'Bringing technological innovation to market can be costly and risky. NDT mitigates these costs and risks through our strategic relationships with our top-tier R&D and engineering partners in Taiwan. We are also building a distribution, licensing and marketing network with global technology market leaders and with Taiwan-based third party original equipment manufactures (OEM), original design manufactures (ODM), suppliers and vendors.

'At the development stage, NDT will reduce its development risks by utilizing commercially viable products from our R&D partners that are ready for market today, accelerating the time to market. At the operational stage, NDT keeps its inventory risk low by utilizing a “customer demand” product fulfillment model which minimizes on-hand product inventory risks. And the distribution stage, to market, sell, distribute and service its products on a global scale, NDT mitigates business overhead risks by partnering with companies with a worldwide presence and established sales channels. Together, these three strategic objectives represents a significant springboard for NDT to gain global market share in our five areas of core competency'.