CECT T100 Receives Highest Rating Among Five High Security Mobile Handsets Reviewed by China Electronic News.BEIJING -- Qiao Xing Mobile Communication Co., Ltd. ("Qiao Xing Mobile" or "the Company") (NYSE NYSE See: New York Stock Exchange : QXM QXM Qiao Xing Mobile Communication (stock symbol) ), one of China's leading domestic manufacturers of mobile handsets through its subsidiary CEC (Central Electronic Complex) The set of hardware that defines a mainframe, which includes the CPU(s), memory, channels, controllers and power supplies included in the box. Some CECs, such as IBM's Multiprise 2000 and 3000, include data storage devices as well. Telecom Co., Ltd. ("CECT CECT Contrast Enhanced Computed Tomography CECT Chemical Engineering and Chemical Technology "), received a 5-star rating for its CECT T100 model in a review of five high security handsets by China Electronic News, one of the most influential consumer electronic publications in China. The CECT T100 was the only handset to receive five stars among those reviewed in the high security category. The model was also noted for its ultra-long standby battery and multimedia features, such as streaming TV. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. China Electronic News, consumers in China are becoming increasingly concerned with protecting privacy, and as such, highly secure mobile handsets are becoming popular in the market. Among domestic handsets that offer security features, the CECT T100 is the only one with fingerprint recognition Fingerprint recognition or fingerprint authentication refers to the automated method of verifying a match between two human fingerprints. Fingerprints are one of many forms of biometrics used to identify an individual and verify their identity. technology. CECT T100 users can freely set fingerprint protection for almost all features on the phone, including the phone book, messaging, calendar, incoming and outgoing calls, and keypad use, so that unauthorized users cannot gain access. Mr. Wu Zhi Yang, Chairman of the Company, commented "We are very pleased that our T100 model was recognized by China Electronic News. We believe this helps demonstrate our leading capabilities in applying advanced technology to mobile handsets. As this ranking shows, our strategy of focusing on differentiation at every level of our business is paying off and we plan to continue developing such new and unique products in the future." About Qiao Xing Mobile Communication Co., Ltd.: Qiao Xing Mobile Communication Co., Ltd. is one of the leading domestic manufacturers of mobile handsets in China in terms of unit sales unit sales Sales measured in terms of physical units rather than dollars. Unit sales data are often used by financial analysts when evaluating the health of a company. volume. The Company manufactures and sells mobile handsets based primarily on Global System for Mobile Communications (communications) Global System for Mobile Communications - (GSM, originally "Groupe de travail Sp?ciale pour les services Mobiles") One of the major standards for digital cellular communications, in use in over 60 countries and serving over one billion subscribers. , or GSM, global cellular technologies. It operates its business primarily through CEC Telecom Co., Ltd., or CECT, its 96.6%-owned subsidiary in China. Currently, all of its products are sold under the "CECT" brand name. Through its manufacturing facility in Huizhou, Guangdong Province, China, and two research and development centers in Huizhou and in Beijing, the Company develops, produces and markets a wide range of mobile handsets, with increasing focus on differentiated products that generally generate higher profit margins. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement This announcement contains forward-looking statements, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. In some cases, these forward-looking statements can be identified by words or phrases such as ''aim,'' ''anticipate,'' ''believe,'' ''continue,'' ''estimate,'' ''expect,'' ''intend,'' ''is /are likely to,'' ''may,'' ''plan,'' ''potential,'' ''will'' or other similar expressions. Statements that are not historical facts, including statements about Qiao Xing Mobile's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. Information regarding these factors is included in our filings with the Securities and Exchange Commission. Qiao Xing Mobile does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release is as of July 13, 2007, and Qiao Xing Mobile undertakes no duty to update such information, except as required under applicable law. |
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