TechFaith to Present at Susquehanna Financial Group's Third Annual Beijing Management Summit BEIJING, CHINA--(Marketwire - 09/15/09) - China Techfaith Wireless Communication
Technology Limited (NASDAQ:CNTF - News) ("TechFaith"), a China-based original
developed product (ODP) provider focused on the original design and
development of handsets and sales of finished products, today announced
that it is scheduled to present at Susquehanna Financial Group's Third
Annual Beijing Management Summit. The conference presentation is scheduled
for 8am on Thursday, September 17 at the Grand Hyatt Hotel, Beijing. Mr.
Defu Dong, Chairman and CEO of TechFaith, will be presenting. About TechFaith TechFaith (NASDAQ:CNTF - News) is a China-based original developed product provider focused on the original design and development of handsets and sales of finished products. TechFaith is also striving to build a leading PC and online gaming business through its wholly-owned subsidiary, One Net Entertainment Limited. One Net Entertainment is leveraging an integrated model that combines self-developed as well as co-developed and licensed content. TechFaith employs approximately 500 professionals, of whom approximately 90% are engineers.
-- TechFaith engages in the development and production of middle 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 combination 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 www.techfaithwireless.com
-- TechFaith is targeting both the mobile and online PC gaming markets
through its websites www.798uu.com and www.798game.com, respectively.
Three massive multiplayer online role-playing games (MMORPGs) are planned
to launch in 2009 for online PC users on www.798game.com. 16 titles are
available for mobile gamers on the company's Chinese mobile games website
www.798uu.com
Safe Harbor Statement This announcement may contain 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 "scheduled," "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 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. Contact:
Source: China Techfaith
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