http://www.techfaithwireless.com () —
China Techfaith Wireless Communication Technology Limited (NASDAQ: CNTF) ("TechFaith"), a China-based original developed product provider focused on the original design and development of handsets and sales of finished products, has filed its annual report on Form 20-F for the year ended December 31, 2008 with the U.S. Securities and Exchange Commission and has posted this document on its investor relations website at http://ir.techfaithwireless.com (http://ir.techfaithwireless.com) . TechFaith will provide a hard copy of its annual report on Form 20-F for the year ended December 31, 2008, which contains its audited financial statements, free of charge to its shareholders and ADS holders upon request. Requests should be directed to Investor Relations, China Techfaith Wireless Communication Technology Limited, Building 1, No. 13, YongChang North Road, Beijing Economic-Technological Development Area (Yi Zhuang), Beijing 100176, People's Republic of China (Attention: Jay Ji), or by email to ir@techfaith.cn (mailto:ir@techfaith.cn) .
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.
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-- 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 (http://www.techfaithwireless.com) . -- TechFaith is targeting both the mobile and online PC gaming markets
through its websites www.798uu.com (http://www.798uu.com) and www.798game.com (http://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 (http://www.798game.com) . 16 titles are
planned to launch for mobile gamers on the company's Chinese mobile games
website www.798uu.com (http://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.