TechFaith to Host Investor Meetings at CLSA's Investor Forum in Beijing

BEIJING, May 12, 2011 /PRNewswire-Asia/ -- China TechFaith Wireless Communication Technology Limited (NASDAQ: CNTF) ("TechFaith" or the "Company") today announced that its management will host investor meetings at CLSA's 16th Annual Investor Forum in Beijing on Wednesday, May 18, at the Grand Hyatt Hotel Beijing. Management will be presenting and meeting with institutional investors in both one-on-one and group meetings.

CLSA Investor Forums

CLSA Investor Forums have become the most successful events of their kind. First held in 1994, CLSA now runs six major Forums in Asia and the US, which attract more than 3,500 institutional investors, corporations and speakers annually. For more information, visit www.clsa.com/corporate-access/investor-forums.php .

Global leaders and industry specialists use CLSA Investor Forums as a platform to examine the economic, political, environmental, technological and financial trends impacting global markets. In the past, keynote speakers have included Bill Clinton, Alan Greenspan, Al Gore, Henry Kissinger, Lee Kuan Yew and Archbishop Desmond Tutu, to name a few.

CLSA Investor Forums also offer high-level corporate access. In 2010, more than 2,000 CEOs and CFOs from approximately 740 corporations present to and meet with CLSA clients, while an average of 1,600 private meetings are held at each Forum, ensuring maximum one-on-one face time for companies and investors.

About TechFaith

TechFaith (NASDAQ: CNTF) has three primary businesses. Under the TechFaith umbrella, the Company is a leading global ODP (Original Developed Product) mobile handset provider. 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 Enterprise 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 recently launched 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.

SOURCE China TechFaith Wireless Communication Technology Limited

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