Bonso Electronics Announces Manufacturing Contracts for Four New Product Catagories.Business Editors HONG KONG--(BUSINESS WIRE)--Jan. 10, 2001 Bonso Electronics International Inc. (Nasdaq:BNSO) today announced receipt of manufacturing orders for four new product categories with initial shipments starting from January 2001 to March 2001. These new products, most of which will have multiple versions, include a 2.4 gigahertz cordless telephone A cordless telephone or portable telephone is a telephone with a wireless handset which communicates via radio waves with a base station connected to a fixed telephone line (POTS) and can only be operated near (typically within 100 meters or 328 ft from) its base station , electronic pager, radar detector  This article or section may deal primarily with the U.S. and may not present a worldwide view. , and a global positioning system Global Positioning System: see navigation satellite. Global Positioning System (GPS) Precise satellite-based navigation and location system originally developed for U.S. military use. (GPS). "We are aggressively marketing our electronics contract manufacturing (ECM (1) (Enterprise Change Management) See version control and configuration management. (2) (Error Correcting Mode) A Group 3 fax capability that can test for errors within a row of pixels and request retransmission. ) capabilities in a focused effort to raise the level of our product line sophistication so·phis·ti·cate v. so·phis·ti·cat·ed, so·phis·ti·cat·ing, so·phis·ti·cates v.tr. 1. To cause to become less natural, especially to make less naive and more worldly. 2. and value, while expanding our customer base," said Anthony So, chairman, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "With these new contracts we have significantly enhanced our credibility in the telecommunications and electronics industries at a time when outsourcing of production is fueling double-digit growth of ECM vendors worldwide." The products will be manufactured in the People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of China. Contract provisions prohibit the use of customer names and contract values at this time, Mr. So added. About Bonso Electronics Headquartered in Hong Kong, Bonso Electronics designs, develops, manufactures, assembles and markets a comprehensive line of telecommunications products, electronic scales and weighing instruments and health care products. Bonso products are manufactured in the People's Republic of China on behalf of customers primarily located in North America and Europe. Company services include product design and prototyping, production tooling, procurement of components, total quality management, and just-in-time delivery. Bonso also independently designs and develops electronic products for private label markets. For further information, visit the company's web site at www.bonso.com. The statements contained in the press release which are not historical facts are forward-looking statements that involve certain risks and uncertainties including, but not limited to, risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the company's filings with the Securities and Exchange Commission. For further information, please contact Unit 1106-1110, 11/F Star House 3 Salisbury Road Tsim Sha Tsui Tsim Sha Tsui (Simplified Chinese 尖沙咀, Traditional:尖沙嘴), often abbreviated as TST, also known as Tsim Tsui (尖咀 or 尖嘴) by local people, is an urbanized area in the Yau Tsim Mong District in southern , Kowloon Hong Kong or the North America Company Contact, George O' Leary, 1919 Yacht Loinia, Newport Beach, CA 92660 USA Tel: 949/760-9611 Fax: 949/760-9607. |
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