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China TMK Battery Systems Inc. Announces Name Change from Deerfield Resources, Ltd.; Trading Symbol Remains DFEL

June 30, 2010

SHENZHEN, China, June 30 /PRNewswire-Asia-FirstCall/ — China TMK Battery
Systems Inc. (OTC Bulletin Board: DFEL) (“TMK” or the “Company”), a Chinese
manufacturer and distributor of customized rechargeable battery solutions to
global consumer product companies, today announced that it has changed its
name from “Deerfield Resources, Ltd.” to “China TMK Battery Systems Inc.” The
Company’s common stock will continue to trade on the OTC Bulletin Board under
the symbol DFEL.

The purpose of the name change is to better reflect the Company’s position
as a leading manufacturer and distributor of high rate discharge Nickel Metal
Hydride (“Ni-MH”) multi-cell batteries to a diverse roster of large,
consumer-focused clients with major production facilities in China.

“We expect to continue deriving benefit from the growing demand for
consumer products that utilize environmentally friendly rechargeable batteries,
with customer orders continuing to exceed our production capacity,” stated

Henian Wu, Chairman and President of the Company. “To meet this demand and to
gain further market share in 2010, we are increasing our production capacity
to accommodate new products such as intelligent battery solutions that provide
controlled back-up power for new market applications. We expect that our new
corporate name will reinforce our strong position in this industry as we
leverage our proprietary technology and products, our operational experience
and strong customer relationships to meet growing market demand and drive
strong future operating and financial performance.”

About China TMK Battery Systems Inc.

Based in Shenzhen, PRC and founded in 1999, TMK manufactures and
distributes high rate discharge Nickel Metal Hydride (“Ni-MH”) multi-cell
batteries in its manufacturing facility located in Shenzhen, China. TMK
maintains a diverse roster of large, consumer-focused clients with major
production facilities in China. The Company works with its clients throughout
the product design cycle to develop and integrate reliable and long-lasting
rechargeable power solutions for widely used consumer products, which include
home appliances, cordless power tools, medical devices, multiple personal
communication devices and electric bicycles segments. The Company is also
focused on becoming a supplier of back-up power solutions to the
telecommunications industry and for traffic lighting applications. Corporate
Information can be found at http://www.tmk-battery.com and investor
information can be found at http://ir.stockpr.com/tmk-battery/ .

Cautionary Statement Regarding Forward Looking Information

This press release may contain certain “forward-looking statements”
relating to the business of China TMK Battery Systems Inc., and its subsidiary
companies. All statements, other than statements of historical fact included
herein are “forward-looking statements” including statements regarding: the
impact of our corporate name change on our business and operations; the
ability of the Company to meet growing customer demand rechargeable batteries
for consumer products that utilize environmentally friendly rechargeable
batteries, or to gain further market share in 2010, by increasing production
capacity to accommodate new products; the ability of the Company to introduce
new battery types into its product portfolio while developing Lithium-Ion
battery production capabilities; the general ability of the Company to achieve
its commercial objectives, including the ability of the Company to sustain
growth; the business strategy, plans and objectives of the Company and its
subsidiaries; and any other statements of non-historical information. These
forward-looking statements are often identified by the use of forward-looking
terminology such as “believes,” “expects” or similar expressions, involve
known and unknown risks and uncertainties. Although the Company believes that
the expectations reflected in these forward-looking statements are reasonable,
they do involve assumptions, risks and uncertainties, and these expectations
may prove to be incorrect. Investors should not place undue reliance on these
forward-looking statements, which speak only as of the date of this press
release. The Company’s actual results could differ materially from those
anticipated in these forward-looking statements as a result of a variety of
factors, including those discussed in the Company’s periodic reports that are
filed with the Securities and Exchange Commission and available on its website
(http://www.sec.gov). All forward-looking statements attributable to the
Company or persons acting on its behalf are expressly qualified in their
entirety by these factors. Other than as required under the securities laws,
the Company does not assume a duty to update these forward-looking statements.

    For more information, please contact:

    For the Company:
     Mr. Jin Hu, CFO
     Tel:   +86-158-1043-1091
     Email: jin.hu99@yahoo.com

    Investor Relations:
     HC International, Inc.
     Ted Haberfield, Executive VP
     Tel:   +1-760-755-2716
     Email: thaberfield@hcinternational.net

SOURCE China TMK Battery Systems Inc.


Source: newswire



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