Hong Kong's Wah Shing Toys Wins Toy Innovation 2008 Award

Hong Kong (ots/PRNewswire) -

- Innovative Hydrogen-Powered Radio-Controlled Car Leads Green
Toy Revolution

Wah Shing Toys Co., Ltd. (Wah Shing), one of the world's largest
toy manufacturers, today announced that its H2Go hydrogen-powered RC
car has won the Toy Innovation 2008 Award in the Electronics and
Technology category at this year's International Toy Fair in
Nuremburg. The H2Go car, manufactured by Wah Shing, uses technology
invented by Horizon Fuel Cell Technologies ("Horizon") the leading
producer of consumer-oriented fuel cell technology and is being
marketed by the renowned Corgi International.

Richard Ellert, Managing Director of Wah Shing, commented, "This
major international toy award is a tremendous validation of Wah
Shing's vision in developing green technology and environmentally
friendly toys and reinforces the partnership we announced in July
2007 with Horizon. Wah Shing, as one of the world's leading toy
manufacturers, is committed to being at the forefront of 'green toy'
technology, and this award reinforces our vision and confidence in
further development of technology and processes in the area of
eco-friendly high tech toys. We are excited to significantly
contribute to the reduction of the toy industry's carbon footprint.

"Together with Horizon we are pioneering the design and
mass-production of environmentally friendly, fuel cell-powered toys
and reusable energy storage devices. The H2Go hydrogen-powered RC car
not only educates children and adults about alternative energy, it is
also an important 'proof of concept' for demonstrating the practical
application of this visionary technology, which is a significant
first step in a larger issue -- solving some of the most difficult
global energy and environmental problems."

H2Go, a high tech next-generation toy car designed by Luigi
Colani, who also designed cars for Ferrari and VW, integrates a
number of new technologies with a unique electronic power management
system that mimics real hybrid cars.

Wah Shing and Horizon continue to work together to develop new
fuel cell-powered products for major international toy companies.
The agreement leverages Wah Shing's global operations and track
record of industry leadership and innovation to bring fuel
cell-powered consumer products to millions of individuals around the
world.

About Wah Shing:

Wah Shing, established in 1976, is one of the world's largest toy
manufacturers. Headquartered in Hong Kong and with operations in Hong
Kong as well as in China's Guangdong and Guangxi Provinces, Wah Shing
is a member of South China Industries Limited, which is listed on the
Hong Kong Stock Exchange (HSI 0413)

ots Originaltext: Wah Shing Toys Co., Ltd.
Im Internet recherchierbar: http://www.presseportal.de

Contact:
Richard Barton, +852-2523-7189, rbarton@gavinanderson.com.hk, or
Michel Chau, +852-2218-9910, mchau@gavinanderson.com.hk, both of
Gavin Anderson & Company, for Wah Shing Toys Co., Ltd.