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SGOCO Group, Ltd. Announces: (1) Annual Shareholders Meeting; (2) Update On Growth Initiatives; (3) New Staff Appointments

The Company's management believes that such forward-looking statements are reasonable. But, it cannot guarantee that such beliefs are, or will be, correct.

These forward-looking statements involve a number of risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. These forward-looking statements can change as a result of many possible events or factors not all of which are known to the Company, which may include, without limitation:

1.    the Company's ability to successfully implement its strategic initiatives, including designing andsuccessfully marketing new product lines, expand international sales and add new brands;

2.    requirements or changes adversely affecting the LCD and LED market in China;

3.    fluctuating customer demand for LCD and LED products generally;

4.    our success in promoting our brand of LCD and LED products in China and elsewhere;

5.    our success in expanding our "SGOCO Image" model;

6.    our ability to maintain effective internal control over financial reporting;

7.    our success in manufacturing and distributing products under brands licensed from others; management of rapid growth;

8.    changes in government policy including policy regarding subsidies for purchase of consumer electronic products and local production of consumer goods in China;

9.    the fluctuations in sales of LCD and LED products in China;

10.  China's overall economic conditions and local market economic conditions;

11.  our ability to expand through strategic acquisitions and establishment of new locations;

12.  changing principles of generally accepted accounting principles;

13.  compliance with government regulations;

14.  legislation or regulatory environments;

15.  geopolitical events; and

16.  other events and factors described in the "Key Information – Risk Factors" section in the Company's annual report on Form 20-F filed with the U.S. Securities and Exchange Commission on August 30, 2012.

The Company assumes no obligation to update any of the information contained or referenced in this press release.

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