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China Techfaith: TechFaith Launches Dual-GSM SIM Card Mobile Phone That Also Serves as Remote Control for PC Games

^{Published on 2009-07-14 05:33:23, Last Modified on 2009-07-14 05:33:31 - Market Wire}
 

BEIJING--(Marketwire - July 14, 2009) - China Techfaith Wireless Communication Technology Limited (NASDAQ: [ CNTF ]) ("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 the launch of the G6, the mobile phone for sporty games. G6 is expected to ship into Asia during the third quarter, with a further global rollout planned.

G6 was designed to serve as a feature-rich mobile phone, and both an equally strong mobile gaming platform and as a remote control for PC gaming, with advanced motion sensors. Customers will initially be able to play table tennis, tennis, bowling, golf, car racing, and other sporting games. The G6 also features dual-GSM SIM card standby functionality in a small and easy-to-carry design factor.

Defu Dong, Chairman and CEO of TechFaith, said, "The G6 is a fantastic mobile phone with unique and powerful functionality as a remote control for PC games with advanced motion sensors. Compared to other remote motion sensor game controllers, the G6 is much easier to carry, has higher functionality and lower cost, and serves as a feature-rich mobile phone. We are encouraged by initial market feedback and orders. We expect to leverage the new G6 platform into other new designs, offering mobile phone functionality along with other value-added functionality sought by our target customers."

About TechFaith

TechFaith (NASDAQ: [ CNTF ]) 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 400 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 planned to launch for mobile gamers on the company's Chinese mobile games website [ www.798uu.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 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.