VANCOUVER, CANADA -- November 7, 2005 -- Nam Tai Electronics, Inc. (“Nam Tai” or the “Company”) (NYSE Symbol: NTE) is pleased to announce that it has won a new order from Sony Computer Entertainment Europe (“Sony Computer”) to build new USB buzzers for a series of interactive quiz games on PlayStation®2.
The first release in the series ‘Buzz!™: The Music Quiz’, provides all you need to turn your living room into a shiny floored TV game-show. Hosted by a wonderfully over-the-top presenter, Buzz!: The Music Quiz includes 1,000 tunes and 5,000 questions to test players’ music know-how. Featuring single player and multiplayer modes, the game comes complete with four bespoke USB buzzers. The USB buzzer is designed to fit in one hand and comprises a large red buzzer button along with four smaller colour-coded buttons for multiple-choice questions.
“We are very excited that Nam Tai has been once again selected by Sony Computer to build a new gaming accessory for its PlayStation®2,” said Mr. Joseph Li, Chief Executive Officer of Nam Tai. “We believe that, due to our strong commitment in offering high quality and reliability of our manufacturing services to our customers, we are able to continuously win new orders and take on more new customers.”
PlayStation is a registered trademark of Sony Computer Entertainment Inc.
Buzz!™ © 2005 Sony Computer Entertainment Europe. Published by Sony Computer Entertainment Europe. Developed by Relentless Software Limited. Buzz! and the Buzz! logo are trademarks of Sony Computer Entertainment Europe. All rights reserved.
Recruitment of Additional Workers for Expansion
The company plans to recruit over 200 additional workers in its manufacturing base in Shenzhen, PRC, before the end of March 2006, in order to assist with the increasing orders from its customers for key component sub-assemblies products.
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 code 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.