TechFaith to Launch iPhone and Android Based Motion Gaming Solutions
BEIJING, June 29, 2011 /PRNewswire-Asia/ -- China TechFaith Wireless Communication Technology Limited (NASDAQ: CNTF) ("TechFaith or the "Company") today announced it will launch a total motion gaming solution package compatible with iPhone and Android based mobile phone operating systems. The launch, through TechFaith's 17Vee gaming platform, is scheduled for the third quarter of 2011. iPhone or Android mobile users will be able to play motion games through the 17Vee motion gaming controller packages to convert their mobile phones into motion gaming controller.
Mr. Tony Kong CEO of TechFaith's gaming business, said, "This is a logical extension for us given the continued fast growth and existing market penetration of iPhone and Android-based mobile phones. We are enabling people to make their mobile phones into powerful motion gaming devices. From our standpoint, we will continue to embrace all viable mobile platforms, as we strive to provide high consumer choice in order to eventually make mobile motion gaming as common as SMS text messaging."
For more information, please visit- www.17vee.com
About TechFaith
TechFaith (NASDAQ: CNTF) has three primary businesses. Under the TechFaith umbrella, the Company is a leading global mobile solutions provider for global mobile handsets market (Which previous called ODP (Original Developed Product) business). Under its TecFace brand, the Company is a leading developer of specialized mobile phones for differentiated market segments, including the rapidly growing Smartphone market targeting users and Operators through its QIGI brand; Outdoor and Sports enthusiasts through its Jungle brand; and the Teen market through licensed brands. Under the Company's 17Vee brand, 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 www.techfaithwireless.com, www.17vee.com and www.798game.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.
CONTACTS: |
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In China: |
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Jay Ji |
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China TechFaith Wireless Communication Technology Limited |
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Tel: 86-10-5822-8390 |
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In the U.S.: |
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David Pasquale |
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Global IR Partners |
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Tel: +1 914-337-8801 |
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SOURCE China TechFaith Wireless Communication Technology Limited
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