Qiao Xing Universal Telephone Announces Completion of the First Digital Cordless Phone to Display Caller ID and Other Functions in Chinese.GUANGDONG, China--(BUSINESS WIRE)--Nov. 23, 1999-- Qiao Xing Universal Telephone, Inc. (Nasdaq/NM:XING) today announced that it has completed development of the DCT (Discrete Cosine Transform) An algorithm that is widely used for data compression. Similar to Fast Fourier Transform, DCT converts data (pixels, waveforms, etc.) into sets of frequencies. The first frequencies in the set are the most meaningful; the latter, the least. 1920, the first digital cordless phone A wireless telephone that transmits to and receives signals from a base station within a range of a few hundred feet. Cordless phones are for local use and cannot travel long distances as can cellphones and satellite phones. See DECT and multihandset cordless. in the world to display caller ID A telephone company service that sends the caller's telephone number between the first and second ring of the call. If the calling number is not blocked, the calling number is displayed on the handset or base station of the called party. and other functions in Chinese. The Company describes the new phone as "superthin" with dimensions of 1.5cm. While most Asian factories producing digital cordless phones purchase radio frequency modules from Europe, the U.S. and Japan, Qiao Xing is the only Company with the capability of developing and manufacturing radio frequency modules in China. The Company's technology, including the relevant baseband chip software, allows Qiao Xing to be price-competitive as well as provide superior voice quality, extended communication range, enhanced security, handset-to-handset intercom capabilities and improved interference immunity. In addition, the Company's high-frequency, integrated circuit integrated circuit (IC), electronic circuit built on a semiconductor substrate, usually one of single-crystal silicon. The circuit, often called a chip, is packaged in a hermetically sealed case or a nonhermetic plastic capsule, with leads extending from it for , advanced radio frequency technique and modulation-free system provides a level of quality that satisfies most countries' industry standards. Qiao Xing plans to rollout the DCT1920 in China by January 2000 and in Europe by the first quarter of 2000. The Company believes that the DCT1920 could eventually replace the analog cordless phones, the prevailing method of communication in China, as well as compete in the worldwide market. In recent months, several influential Chinese periodicals have reported on Qiao Xing's technology including: Xinghua News, People's Daily The People's Daily (Chinese: 人民日报; Pinyin: Rénmín Rìbào), a daily newspaper, is the organ of the Central Committee of the Communist Party of China, published worldwide , Economic Daily and Science & Technology Daily. This news release contains "forward-looking statements" regarding future revenues and operating information and their impact on future results. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, actual results may differ materially from those expressed in any forward-looking statements made by or on behalf of the Company. These risks and uncertainties include, but are not limited to, those relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc economic, political, legal and social conditions in the People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of China, dependence upon key management personnel, competition, material factors relating to the operations of the business, and domestic and global general economic conditions. |
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