|
|
Zoom Technologies' Leimone Brand Wins Qualification for China Mobile Product Lineup
GlobeNewswire 2011-11-16
BEIJING, Nov. 16, 2011 (GLOBE NEWSWIRE) -- Zoom Technologies, Inc.
(Nasdaq:ZOOM), a leading China-based manufacturer of wireless phones
and a cellular service and products distributor in the U.S., today
announces that its "Leimone" brand 3G mobile phones have been approved
by China Mobile for its TD-SCDMA product lineup expected for the first
quarter of 2012. China Mobile is the largest mobile operator in the
world with 634 million subscribers in China including 43 million
TC-SCDMA users. Zoom's "i99," a new 3G model specially designed for
China Mobile, is in its final phase of testing by the operator. Once
approval is obtained, the i99 will be branded with China Mobile's 3G
Logo and will be available on China Mobile's vast national retail
network and also its Electronic Purchase Platform (EPP), and be sold
bundled with China Mobile's various service plans.
Mr. Leo Gu, Chairman and CEO of Zoom Technologies, stated that, "I am
very excited that our Leimone brand TD-SCDMA mobile phones will soon
enter China Mobile's extensive sales network. We are proud of our
entrance into the fast growing 3G TD-SCDMA market of China and our
ability to produce products for the largest mobile carrier in the
world."
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,
LEIMONE and LONGTEL brand names. The Company's products are both
exported and sold domestically in People's Republic of China. Zoom
Technologies recently announced the acquisition of 55% of Portables
Unlimited LLC, a cellular service and products distributor in the U.S.
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, intentions, 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, unless otherwise required by law.
CONTACT: Tina Xiao
Investor Relations Manager
Zoom Technologies, Inc.
+1 917-609-0333
tinaxiao@zoom.com
www.zoom.com
|
|
|