TechFaith Wins New Contract; Will Ship Ruggedized Smartphone to Customer in Europe

BEIJING, April 19, 2016 /PRNewswire/ -- China TechFaith Wireless Communication Limited (NASDAQ: CNTF), today announced it will contract to ship its ruggedized, shock proof, water proof, J6 Android smartphone to a customer in Europe. Under the agreement, TechFaith will brand its model J6, ruggedized smartphone using the customer's brand name, with shipments commencing in the second quarter of 2016.

TechFaith's J6 ruggedized, shock proof, water proof smartphone is accredited with IP68 and MIL-S810G standards certifications. The J6 is designed for full functionality in highly demanding environments, with a wide Gorilla Glass 4'' screen and innovative features such as wireless charging and NFC. The ruggedized J6 is built on the Android 5.1 operating system, with 200 hours of battery life or 16 hours of talk time. It is compatible with LTE/WCDMA/GSM networks for fast and reliable mobile access, with an integrated 13 megapixel camera for professional quality video and still image photography. The J6 has also been tailored to add the Lone Worker Monitoring (LWM) system, which will automatically call for help in case of an accident. 

Mr. Deyou Dong, CEO of TechFaith, said, "This is a higher profile win for us, underscoring the continued opportunities we are seeing worldwide in the enterprise market. Our ability to tailor mobile solutions to customers' needs - including branding requirements - sets TechFaith apart. In the case of our J6 ruggedized smartphone, this was a perfect match for our customer, which is one of the oldest and best known companies in the handy tools business. We hope to further strengthen our cooperation with a wider range of devices, which are also consistent with their image. Given that our customer is serving the needs of customers in demanding and often dangerous construction, remodeling and work environments, it was essential that the smartphone had the proven ruggedized features that our J6 boasts. Our J6 is pretty much indestructible, which gives users confidence knowing that the phone they buy today will not be lost tomorrow with a cracked screen or destroyed with water exposure."

About TechFaith (NASDAQ: CNTF)

TechFaith (NASDAQ: CNTF) is a developer, owner and operator of commercial real estate properties across China as well as a China-based mobile solutions provider for the global mobile handsets market. TechFaith continues to maintain a team of professional engineers focused on the development of ruggedized smart devices for both its consumer and enterprise segments, although it started investing in the construction of buildings and facilities in 2009 as part of its growth and business diversification strategy, gradually shifting away from its traditional focus on the mobile solutions and handset markets. The Company currently focuses on developing office space that can serve as anchor bases in areas with developing economies, as it meets the needs of both established businesses and innovative start-up companies in China.  For more information, please visit 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

Related Links

http://www.techfaithwireless.com