VANCOUVER, CANADA -- June 27, 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 a new silver EyeToy™ Mini USB Camera model (“EyeToy 2”) for the new Satin Silver PlayStation®2 computer entertainment system.
The design of EyeToy™ Mini will inherit the basic functions of the current EyeToy USB Camera, but will be smaller in size and more lightweight to match the new slimline PlayStation 2 model. The EyeToy USB Camera is an accessory of PlayStation 2, which employs motion-tracking technology (Sony Computer Entertainment Europe’s software) to capture a player’s body movement and transforms the image into on-screen interaction as control method, the first game device which interfaces with a computer entertainment system.
Since its launch in July 2003, EyeToy has received a number of awards and public recognition for its outstanding innovation in the console game field.
“Given our previous success of manufacturing the first generation of EyeToy cameras, we are very delighted to once again have the opportunity to build the second generation of award-winning EyeToy cameras for PlayStation 2.” said Mr. Joseph Li, Chief Executive Officer of Nam Tai. “Nam Tai is encouraged by the continuous orders from Sony Computer Entertainment. This truly reflects the quality and reliability of our manufacturing services which have gained the confidence of our customers. With our solid track record in building high end electronic products and our commitment to providing the best services to our customers, we are confident that we will continue to deliver impressive growth in the foreseeable future.”
PlayStation is a registered trademark of Sony Computer Entertainment Inc. EyeToy is a registered trademark of Sony Computer Entertainment Europe.
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 Bluetooth TM 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 on reliance of such information.