EXHIBIT 99.1
 
CONTACTS:
 
SinoHub, Inc.:
Falicia Cheng
+86-755-2661-1080
falicia@sinohub.com

In the U.S.:
PondelWilkinson Inc.
Laurie Berman/Angie Yang
310-279-5980
investor@pondel.com
 
SINOHUB REPORTS FOURTH QUARTER AND 2008 YEAR-END FINANCIAL
RESULTS, POSTING TRIPLE-DIGIT 2008 GAINS IN REVENUE, GROSS
PROFIT, NET INCOME
 
SANTA CLARA and SHENZHEN, CHINA, March 16, 2009 — SinoHub, Inc. (OTCBB: SIHI), which conducts substantially all of its operations through its wholly-owned subsidiary SinoHub Electronics Shenzhen Limited in the People’s Republic of China, today reported strong financial results for the fourth quarter and full year ended December 31, 2008, with fourth quarter revenues, gross profit and net income up 154%, 201% and 242%, respectively, over the prior-year period.
 
Net income for the 2008 fourth quarter more than tripled to $2.9 million, or $0.12 per fully diluted share, from $858,000, or $0.05 per fully diluted share, for the 2007 fourth quarter.  Total revenues for the 2008 fourth quarter increased more than two and a half times to $26.5 million from $10.4 million in the prior-year quarter.
 
The company’s electronic component procurement and sales business generated growth of nearly 150%, with revenues of $23.9 million for the fourth quarter of 2008, versus $9.6 million in the same period last year.  Revenues from the company’s supply chain management services business increased more than three-fold to $2.6 million for the 2008 fourth quarter from $781,000 in the fourth quarter of 2007.
 
(more)

The following information was filed by Sinohub, Inc. (SIHI) on Tuesday, March 17, 2009 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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