VANCOUVER, CANADA -- June 12, 2006 -- Nam Tai Electronics, Inc. (“Nam Tai” or the “Company”) (NYSE Symbol: NTE) is pleased to announce that it has received new orders from a global cellular phone manufacturer, to manufacture new Bluetooth™ headset accessories for cellular phones.
The new headset builds on years of experience and test results from technology and design, which gives up to twelve hours of talk time and 300 hours of standby time. With its light weight and compact design, the pen-shaped headset can be worn and used for extended periods of time. Mostly importantly, it is compatible with Bluetooth™-equipped cellular phones from other manufacturers.
Given its continuous success in manufacturing Bluetooth™ headset accessories for cellular phones, the Company is very pleased to once again have the opportunity to manufacture the new headset accessories for the global cellular phone manufacturer. The Company is also encouraged by the continuous orders from such a large customer. Nam Tai believes this is a sign that its manufacturing technology and capabilities are highly recognized by its customers. Nam Tai plans to take advantage of the robust growth in the Bluetooth™-enabled mobile device market, and will continue its diligent efforts to obtain new opportunities arising from this market.
About Nam Tai Electronics, Inc.
We are an electronics manufacturing and design services provider to a select group of the world’s leading OEMs of telecommunications and consumer electronic products. Through our electronics manufacturing services operations, we manufacture electronic components and sub-assemblies, including LCD panels, LCD modules, RF modules, FPC sub-assemblies and image sensors modules. These components are used in numerous electronic products, including cellular phones, laptop computers, digital cameras, copiers, fax machines, electronic toys, handheld video game devices and microwave ovens. We also manufacture finished products, including cellular phones, palm-sized PCs, personal digital assistants, electronic dictionaries, calculators, digital camera accessories and BluetoothTM wireless headset accessory for use with cellular phones.
Nam Tai has two Hong Kong listed subsidiaries, Nam Tai Electronic & Electrical Products Limited (“NTEEP”) and J.I.C. Technology Company Limited (“JIC”). Interested investors may go to the website of The Stock Exchange of Hong Kong at www.hkex.com.hk to obtain the information. The stock codes of NTEEP and JIC in The Stock Exchange of Hong Kong are 2633 and 987, respectively. Investors are reminded to exercise caution when assessing such information and not to deal with the shares of the Company based solely upon reliance on such information.