TechFaith Accelerates Motion Game Efforts with the Launch of Motion Games Controller
BEIJING, Sept. 13 /PRNewswire-Asia/ -- Today China TechFaith Wireless Technology Limited (Nasdaq: CNTF) ("TechFaith") announced the acceleration of its motion game market efforts with the launch of a motion game controller through 17 Wee Motion Game Corporation Limited. ("17 Wee"), one of its indirect subsidiaries. Gamers can use motion game controllers to play motion games, which can be downloaded from www.17wee.com. Eight free games are pre-loaded with each motion game controller accessories package, and the controller is able to support hundreds of motion games such as racing, shooting, tennis, track & field and many more through a Bluetooth connection with the end user computer or laptop.
Mr. Defu Dong, the Chairman and CEO of TechFaith and the CEO of 798 Entertainment, the TechFaith subsidiary that 100% holds 17 Wee, said, "The launch of the motion game controller will further accelerate our motion game business by providing better and more affordable terminals for gamers that feature motion sensor capabilities for both gaming and fitness. It makes the games much more popular, entertaining, engaging and exercise-oriented."
Mr. Defu Dong further said, "17 Wee's objective is to create the largest platform for the development of motion terminals and the distribution of motion games in China. We believe our launch of the controller will further promote our motion games. It is an important part of our gaming business strategy to divide the business of 798 Entertainment into three branches: 798 Game, which focuses on the development of PC online games and publishing, 798 Mobile, which focuses on the development of mobile phone games, and 17 Wee, which focuses on the motion game business."
About us
TechFaith (NASDAQ:CNTF) is a China-based original developed product ("ODP") provider focused on the original design and sales of mobile phone products. TechFaith aims to become a branded mobile phone specialist in differentiated market segments in the China market. TechFaith is also striving to build a leading PC and online gaming business through its wholly-owned subsidiary, 798 Entertainment Limited.
- TechFaith engages in the development and production of mid- to high-end handsets and tailor made handsets. TechFaith's original developed products include: (1) multimedia phones and dual mode dual card handsets of multiple wireless technology combinations such as GSM/GSM, GSM/CDMA, GSM/WCDMA, GSM/TD-SCDMA and UMTS/CDMA; (2) Windows-based smartphones and Pocket PC phones; and (3) handsets with interactive online gaming and professional game terminals with phone functionality.
- With the capability of developing Middleware Application MMI/UI software on 2G/2.5G(GSM/GPRS, CDMA1X), 3G(EV-DO, WCDMA/UMTS, TD-SCDMA) and 3.5G(HSDPA) communication technologies, TechFaith is able to provide Middleware Application MMI/UI software packages that fulfill the specifications of handset brand owners and carriers in the global market. For more information, please visit http://www.techfaithwireless.com .
- TechFaith is aiming to become a branded mobile phone specialist for differentiated market segments in the China market, such as under its wholly-owned subsidiary brand name QIGI for smartphone business which targets enterprise users and operator tailored market, under Glomate brand, selling other brand names for girls and teenagers, under the TechFace brand name to target the market of outdoor sports enthusiasts.
- TechFaith is targeting both the mobile and online PC gaming markets through its websites http://www.798uu.com and http://www.798game.com with gaming content developed internally, co-developed and licensed from third parties.
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.
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SOURCE China TechFaith Wireless Technology Limited
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