VANCOUVER, CANADA -- June 13, 2005 -- Nam Tai Electronics, Inc. (“Nam Tai” or the “Company”) (NYSE Symbol: NTE) is pleased to announce that it has received a new order from a global cellular phone manufacturer, to manufacture the latest model of camera flash accessory for its camera phones.
The camera flash accessory for camera phones enables high quality pictures to be taken in dimly lit environments and can also take care of the red-eye phenomenon. This accessory is expected to enable users of camera phones to take pictures of a quality that is comparable to those from digital cameras.
“We are very delighted to see the continuous diversification of our product line of cellular phone accessories,” said Mr. Joseph Li, Chief Executive Officer of Nam Tai. “We believe that the overall demand of cellular phones will rise, which in turn will further the development of the cellular phone accessory market. With the good reputation and solid customer relationships we have built over the years, together with our proactive efforts, we believe that we are well positioned to advance our business into a new era.”
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.