Comtech Group, Inc. to Present at Needham & Company's Ninth Annual Growth Stock Conference on January 11, 2007

Comtech Group, Inc. (Nasdaq: COGO), a leading provider of customized module design solutions and businesses services, today announced that Jeffrey Kang, Chairman and CEO will participate in the Ninth Annual Growth Stock Conference taking place on January 9th-12th, 2007 at The New York Palace Hotel in New York. Mr. Kang will present on Thursday January 11th at 8:30 a.m. (EST) in Holmes I. The breakout session will immediately follow the presentation at 9:00 a.m. (EST). Management will also be available on that day, January 11, 2007, for one-on-one meetings with analysts and investors, interested parties should contact their Needham representatives.

During the presentation Mr. Kang will discuss the Company's Digital Media strategy and ongoing initiatives within each key business segment. Mr. Kang will also elaborate on the Company's 3G opportunities, and discuss additional opportunities within Comtech's addressable markets.

Participation or attendance is by invitation only. Clients interested in attending should contact their Needham sales representative at 800-926-2765 for more information.

About Comtech

Comtech Group is a leading provider of customized module design solutions in China and serves as a gateway to leading electronics manufacturers in China. Comtech Group has historically focused on the mobile handset and telecom equipment end-markets, but has recently expanded its addressable market to include the digital media products end-markets. Over the last three years, Comtech has worked with over 200 customers. Comtech's customer base includes most of the largest and best-known manufacturers in the mobile handset, telecom equipment and digital consumer electronics end-markets in China. For more information, you can visit Comtech's website at: http://www.comtech.com.cn

Safe Harbor Statement

This press release includes certain statements that are not descriptions of historical facts, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. These forward-looking statements may include statements about our proposed discussions related to our business or growth strategy, which is subject to change. Such information is based upon expectations of our management that were reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to uncertainties and contingencies beyond our control and upon assumptions with respect to future business decisions, which are subject to change. For a further description of other risks and uncertainties, see our most recent Annual Report filed with the Securities and Exchange Commission (SEC) on Form 10-K, and our subsequent SEC filings. Copies of filings made with the SEC are available through the SEC's electronic data gathering analysis retrieval system (EDGAR) at http://www.sec.gov .