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Celestial Digital Entertainment Announces Joint Development With Lagali, Inventors of the Board Game Pictureka!
GlobeNewswire
2011-05-18


HONG KONG, May 18, 2011 (GLOBE NEWSWIRE) -- Celestial Digital
Entertainment Ltd (CDE), a wholly own subsidiary of Zoom Technologies,
Inc. (Nasdaq:ZOOM), is pleased to announce that CDE and Lagali have
entered into a contract to co-develop games for mobile platforms that
target smartphones and tablets markets.

The first title is planned to be released in mid-July 2011 with 3 more
titles to follow by September 2011. These titles will be first
developed under Apple's iOS(TM) which will available to iPad(TM),
iPhone(TM) and iPod touch(TM); and with the advantage of CDE's cross
platform 2D/3D graphic game engine, these titles will then be ported
over to other mobile platforms such as Google's Android(TM) and
Microsoft's Windows Mobile 7(TM).

Franky Fu, CEO of CDE: "CDE has released over 50 titles on Apple's App
Store(TM) since September 2008, several of our titles were in the Top
10 charts of many counties. We were solely relying on our internal
creativity and technology until now, and the time has come to team up
with acknowledged game inventors such as Arne Lauwers to enhance our
game design, leveraging on our graphic and animation technologies to
produce titles that will make a mark in the digital game industry."

Arne Lauwers, president of Lagali: "We had been looking for a suitable
partner to team up, one that can convert our game mechanics and games
into a digital format, creating new standards. For this we need a
reputable and experienced partner, which we now have found in CDE. We
at Lagali are proud to be part of this partnership that will bring both
of our companies to the next level."

About Lagali

Lagali s.a. is the Luxemburg based IP powerhouse company of game
inventor Arne Lauwers. So far Lagali has licensed its games in over 150
countries worldwide and has licensing agreements with among the most
well known game companies in the world. The flagship reference is
Pictureka!: Game of the Year in Australia (2008), France (2008), and
Russian Federation (2007); Miglior Concept Artistico, Lucca - Italy
(2006). This game was licensed to Hasbro. Today Pictureka! has become a
whole product line with its own TV show in the USA. The total retail
value of licensed Lagali games worldwide amounted up to US$150 million.

Last year Lagali s.a. opened its Hong Kong office, Lagali Asia Ltd.
Lagali Asia is run by director Kenny Ho, and its mission is to focus on
the emerging Southeast Asian market.



This year Lagali is launching 2 brand new product lines: Ahrbol and
Gnome Race. These product lines include a 3D game, board games, card
games, educational games, a trivia game and 3 two-player travel games.
Several of Lagali's titles will also be converted into Apps through its
partnership with CDE.

www.lagali.com

www.lagali.asia

About CDE

Celestial Digital Entertainment Limited, a Hong Kong based company
established in 2002, is a game design and production company with
released products including MMORPG, FLASH and JAVA games since August
2008. The company focuses solely on the mobile platform.

CDE's first release on the iOS(TM) platform was in September 2008 and
has since released over 50 titles as of March 2011. Majority of CDE's
titles were developed in-house from original concept, game design,
graphic production, programming and QA. While many titles were within
the Top 100 of their respective categories and a few even made it to
Top 10 charts in many counties.

Besides the iOS(TM) platform, CDE has released titles on NDS's
DSiWare(TM), Google's Android(TM) and Microsoft's Windows Mobile 7(TM)
platforms as well. The company will continue to focus on the mobile
platform which is recognized to be in a growth phase within the digital
entertainment industry. With the technical experience of being a MMORPG
game developer for many years, CDE is capable to design fun, desirable
and sophisticated entertainment titles for the mobile platform. CDE
became a wholly owned subsidiary of Zoom Technologies, Inc. in January
2011.

About Zoom Technologies

Zoom Technologies is a holding Company with subsidiaries that engage in
the manufacturing, research and development, and sale of electronic and
telecommunication products for the latest generation mobile phones,
wireless communication circuitry and related software products. Zoom
Technologies' subsidiary, Jiangsu Leimone, owns a majority stake of TCB
Digital, which offers highly customized and high quality Electronic
Manufacturing Service (EMS) for Original Equipment Manufacturer (OEM)
customers as well as its Own Brand Manufacturing (OBM) under the Zoom
and Leimone brand names. The Company's products are both exported and
sold domestically in People's Republic of China.

The Zoom Technologies, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=9665

Forward-Looking Statements

Certain statements in this press release may constitute
"forward-looking statements" that involve risks and uncertainties.
These include statements about our expectations, plans, objectives,
assumptions or future events in which the outcome cannot be assured.
You should not place undue reliance on these forward-looking
statements. Information concerning factors that could cause our actual
results to differ materially from these forward-looking statements can
be found in Zoom Technologies' periodic reports filed with the
Securities and Exchange Commission. We undertake no obligation to
publicly release revisions to these forward-looking statements to
reflect future events or circumstances or reflect the occurrence of
unanticipated events.

Apple, iPad, iPhone, iPod touch, iTunes, App Store, are trademarks of
Apple.

Windows Mobile 7 is trademarks of Microsoft Inc.

Android is trademarks of Google Inc.

DSiWare is trademarks of Nintendo.


CONTACT: Investor Contact
         Tina Xiao
         Investor Relations Manager
         Zoom Technologies, Inc.
         +1 917-609-0333
         tinaxiao@zoom.com
         www.zoom.com
         
         Products Contact
         Franky Fu
         franky.fu@zoom.com



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