TechFaith to Expand Shipment of Ruggedized JPAD to Russia and South Africa
BEIJING, Jan. 14, 2014 /PRNewswire/ -- China TechFaith Wireless Communication Limited (NASDAQ:CNTF) ("TechFaith" or the "Company"), today announced it will expand shipments of it ruggedized Android JPAD into Russia and South Africa in early February of 2014.
TechFaith's JPAD ruggedized PAD, was designed on the robust Android operating system operating on QUAD Core CPU and runs on WCDMA/GSM networks, with IP68 and MIL-S810G standards certifications. It features a 7.0 inch LCD screen with 2(nd) Generation Gorilla Glass, is dust resistant and water resistant up to 1.5 meters, and able to operate in extreme temperatures. TechFaith's JPAD is a dual sim card device, with an ultra-long battery life of 6000mah.
Mr. Deyou Dong, President and COO of TechFaith, said, "We continue to find very encouraging demand for our ruggedized mobile phones and JPADs in both the retail and enterprise segments. Consumers are reluctant to make an investment on a new device knowing that it will likely be dropped, cracked, broken or severely damaged - often within just hours or days of purchase. By offering ruggedized versions, TechFaith is giving consumers the powerful technology experience and features they demand with the durability they need. The combination represents a value added offering to the market and one benefiting from increased traction in our domestic China market and in vibrant international markets, including Russia and South Africa."
TechFaith (NASDAQ: CNTF) has three primary businesses. The Company is a leading global mobile solutions provider for the global mobile handsets market (previously called the ODP (Original Developed Product) business)). The Company is a leading developer of specialized mobile phones for differentiated market segments, including the rapidly growing smartphone market targeting wireless mobile phone network operators and end users; the Company also serves sports enthusiasts with a tailored line under the Jungle brand and the teen market under licensed brands. Under the Company's 17FOX brand (previously "17VEE"), the Company has built a leading intellectual property based motion gaming business ranging from Bluetooth-enabled motion gaming controllers and software to a planned proprietary set-top motion game box. For more information, please visit http://www.techfaithwireless.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident," "outlook" and similar statements. Among other things, the business outlook and strategic and operational plans of TechFaith and management quotations contain forward-looking statements. TechFaith may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission on Forms 20-F and 6-K, etc., in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about TechFaith's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, those risks outlined in TechFaith's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. TechFaith does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
SOURCE China TechFaith Wireless Technology Limited
China TechFaith Wireless Technology Limited
CONTACT: In China, Jay Ji, China Techfaith Wireless Communication Technology Limited, 86-10-5822-8390, firstname.lastname@example.org; In the U.S., David Pasquale, Global IR Partners, +1 914-337-8801, email@example.com