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TechFaith Launches World's First WCDMA/GSM Dual Mode Phone
BEIJING, Oct 08, 2007 (MARKET WIRE via COMTEX News Network) -- China TechFaith Wireless Communication Technology Limited (NASDAQ: CNTF), an original design manufacturer focused on research and development of cell phone solutions, today announced the launch of the world's first WCDMA/GSM dual mode phone, which we call "Twins."

Twins is the first cell phone that allows users to load one WCDMA card and one GSM card or to load dual GSM SIM cards. This is a feature long demanded by international travelers, as well as people who would like to have both a business and a personal number in one cell phone.

Twins' set of features includes a 2.0 megapixel camera, MP3 and MPEG4 player, WCDMA modem, along with both video call and dual Bluetooth capabilities.

"Twins has twice the power!" exclaimed Mr. Defu Dong, Chairman and Chief Executive Officer of TechFaith. "International travelers have been gouged by high roaming fees and poor coverage for years. We designed Twins to solve these problems in an affordable, attractively designed cell phone. We expect high demand for Twins based on early feedback and our first mover advantage. TechFaith has secured contracts from Europe and South East Asia, and our first shipment is scheduled for this November."

About TechFaith

TechFaith (NASDAQ: CNTF) is an original design manufacturer, or ODM, focused on research and development of cell phone solutions based in China. The Company employs approximately 1,300 professionals, of whom 90 percent are engineers. TechFaith's business includes handset design, feature phone solution, data card and wireless module, application software, and smartphone and pocket PCs. With the capability of developing MMI/UI software on 2/2.5G(GSM/GPRS, CDMA1X), 3G(EV-DO, WCDMA/UMTS, TD-SCDMA) and 3.5G(HSDPA) communication technologies, TechFaith is able to provide MMI/UI software packages that fulfill the specifications of handset brand owners and major global operators. Having a full range of wireless application software including WAP, Java, MMS, WWW browser, SyncML and DRM, TechFaith is also providing total solutions for upper layer software of handsets. In addition, TechFaith is developing smartphone software based on open operating systems including Linux and Windows Mobile, and capable of implementing high-end smartphones integrating Bluetooth, WiFi, high megapixel cameras, etc. based on different communication technologies according to special requirements of customers. For more information, please visit http://www.techfaithwireless.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" and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as TechFaith's strategic and operational plans, 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, TechFaith's limited operating history, TechFaith's ability to retain existing or attract additional domestic and international customers, TechFaith's earnings or margin declines, failure to compete against new and existing competitors, mobile handset brand owners' discontinuation or reduction of the use of independent design houses, and other 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.

CONTACTS:
In China:
Ms. Helen Zhang
Tel: 86-10-5822-7390
Email Contact

In the U.S.:
David Pasquale
EVP at The Ruth Group
Tel:+646-536-7006
Email Contact


SOURCE: China TechFaith

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