VANCOUVER, CANADA -- June 20, 2005 -- Nam Tai Electronics, Inc. (“Nam Tai” or the “Company”) (NYSE Symbol: NTE) is pleased to announce that it has won a new customer order from a leading global provider of imaging, information, and document-related products and services to manufacture LCD modules for digital mobile printers.
The digital mobile printer is a pocket sized wireless mobile printer for use with camera-phones. Using infrared transmission, the digital mobile printer enables users to print real photos from camera-phones anytime, anywhere.
“Driven by the rapidly escalating demands from the end market of LCD display products such as cellular phones, digital cameras and other LCD display equipments, the LCD industry and market has been growing robustly,” said Mr. Joseph Li, Chief Executive Officer of Nam Tai. “Thanks to the Company’s extensive experience and strong technology know-how in manufacturing LCD products, the Company continues to secure solid businesses from international renowned customers and broaden the Company’s presence in the global LCD 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 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.