Kingtone Wirelessinfo Solution Holding Ltd Launches Improved 3G Mobile Video Server
Poster: SySAdmin
Posted on August 27, 2010 at 6:07:01 AM
Kingtone Wirelessinfo Solution Holding Ltd Launches Improved 3G Mobile Video Server
XI'AN, China, Aug. 27 -- Kingtone Wirelessinfo Solution Holding Ltd. (NASDAQ:KONE) ("Kingtone" or the "Company"), a leading China-based software and solutions developer focused on wirelessly enabling businesses and government agencies to more efficiently manage their operations, today announced that we have recently developed an upgraded 3G Mobile-Video Server and will launch the product next month to answer a growing market demand for portable video servers.
The second generation of Mobile-Video Servers, which relies on a more advanced DSP (Digital Signal Processing) technology, enables a fully digital audio/video data transmission, a multi-media application, and more importantly, a 24/7 remote monitor function through the network. Compared to the first generation of Mobile-Video Servers, whose size is about 8.1x5.4x2.0 inches with 4 hours 'continuous operating use, the second generation is smaller, thinner, more portable, with a better battery life and a much bigger capacity. It is about 4.3x4.7x1.0 inches with 6.5 hours' continuous operating use.
"We are very proud of this innovative mobile video server, which is more user-friendly and can be widely used by the police, emergency response crews and news agencies, our existing customer groups. This is a testament to the strength of our research & development capabilities and it will allow us to move into new customer groups who require a better centralized control with a wider scope of operations," said Mr. Peng Zhang, Chief Executive Officer. "Investment in research remains a priority in order to develop innovative technology that satisfies our customers' needs for efficiency and effectiveness and improve the versatility of our product lines" emphasized Mr Zhang.
About Kingtone Wirelessinfo Solution Holding Ltd
Kingtone Wirelessinfo Solution Holding Ltd (NASDAQ:KONE) is a leading China-based software and solutions developer focused on wirelessly enabling businesses and government agencies to more efficiently manage their operations. The Company's products, known as mobile enterprise solutions, extend a company's or enterprise's information technology systems to include mobile participants. The Company develops and implements mobile enterprise solutions for customers in a broad variety of sectors and industries, to improve efficiencies by enabling information management in wireless environments. At the core of its many diverse packaged solutions is proprietary middleware, which enables wireless interactivity across many protocols, devices, and platforms.
For more information, please visit Kingtone's recently launched English website at http://www.kingtoneinfo.com/ .
Safe Harbor Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including certain plans, expectations, goals, and projections, which are subject to numerous assumptions, risks, and uncertainties. These forward-looking statements may include, but are not limited to, statements containing words such as "may," "could," "would," "plan," "anticipate," "believe," "estimate," "predict," "potential," "expects," "intends" and "future" or similar expressions. These forward-looking statements speak only as of the date of this press release and are subject to change at any time. These forward-looking statements are based upon management's current expectations and are subject to a number of risks, uncertainties and contingencies, many of which are beyond the Company's control that may cause actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. The Company's actual results could differ materially from those contained in the forward-looking statements due to a number of factors, including those described under the heading "Risk Factors" in the Company's final prospectus, dated May 14, 2010, filed with the Securities and Exchange Commission, and in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required under applicable law.
For more information, please contact:
Kingtone Wirelessinfo Solution Holding Ltd.
Ms. Ying Yang, Chief Financial Officer
Tel: +1-626-623-2575 (US)
+86-134-6895-0909 (China)
Email: yangying@kingtoneinfo.com
Christensen
Tip Fleming
Tel: +852-9212-0684
Email: tfleming@christensenir.com
Yuanyuan Chen
Tel: +86-10-5971-2001
Email: ychen@christensenir.com
Kathy Li
Tel: +1-480-614-3036
Email: kli@christensenir.com
Source: Kingtone Wirelessinfo Solution Holding Ltd.
CONTACT: Kingtone Wirelessinfo Solution Holding Ltd., Ms. Ying Yang,
Chief Financial Officer, +1-626-623-2575 (US), +86-134-6895-0909 (China),
yangying@kingtoneinfo.com, Christensen, Tip Fleming, +852-9212-0684,
tfleming@christensenir.com; Yuanyuan Chen, +86-10-5971-2001,
ychen@christensenir.com; Kathy Li, +1-480-614-3036, or kli@christensenir.com
Web site: http://www.kingtoneinfo.com/
XI'AN, China, Aug. 27 -- Kingtone Wirelessinfo Solution Holding Ltd. (NASDAQ:KONE) ("Kingtone" or the "Company"), a leading China-based software and solutions developer focused on wirelessly enabling businesses and government agencies to more efficiently manage their operations, today announced that we have recently developed an upgraded 3G Mobile-Video Server and will launch the product next month to answer a growing market demand for portable video servers.
The second generation of Mobile-Video Servers, which relies on a more advanced DSP (Digital Signal Processing) technology, enables a fully digital audio/video data transmission, a multi-media application, and more importantly, a 24/7 remote monitor function through the network. Compared to the first generation of Mobile-Video Servers, whose size is about 8.1x5.4x2.0 inches with 4 hours 'continuous operating use, the second generation is smaller, thinner, more portable, with a better battery life and a much bigger capacity. It is about 4.3x4.7x1.0 inches with 6.5 hours' continuous operating use.
"We are very proud of this innovative mobile video server, which is more user-friendly and can be widely used by the police, emergency response crews and news agencies, our existing customer groups. This is a testament to the strength of our research & development capabilities and it will allow us to move into new customer groups who require a better centralized control with a wider scope of operations," said Mr. Peng Zhang, Chief Executive Officer. "Investment in research remains a priority in order to develop innovative technology that satisfies our customers' needs for efficiency and effectiveness and improve the versatility of our product lines" emphasized Mr Zhang.
About Kingtone Wirelessinfo Solution Holding Ltd
Kingtone Wirelessinfo Solution Holding Ltd (NASDAQ:KONE) is a leading China-based software and solutions developer focused on wirelessly enabling businesses and government agencies to more efficiently manage their operations. The Company's products, known as mobile enterprise solutions, extend a company's or enterprise's information technology systems to include mobile participants. The Company develops and implements mobile enterprise solutions for customers in a broad variety of sectors and industries, to improve efficiencies by enabling information management in wireless environments. At the core of its many diverse packaged solutions is proprietary middleware, which enables wireless interactivity across many protocols, devices, and platforms.
For more information, please visit Kingtone's recently launched English website at http://www.kingtoneinfo.com/ .
Safe Harbor Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including certain plans, expectations, goals, and projections, which are subject to numerous assumptions, risks, and uncertainties. These forward-looking statements may include, but are not limited to, statements containing words such as "may," "could," "would," "plan," "anticipate," "believe," "estimate," "predict," "potential," "expects," "intends" and "future" or similar expressions. These forward-looking statements speak only as of the date of this press release and are subject to change at any time. These forward-looking statements are based upon management's current expectations and are subject to a number of risks, uncertainties and contingencies, many of which are beyond the Company's control that may cause actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. The Company's actual results could differ materially from those contained in the forward-looking statements due to a number of factors, including those described under the heading "Risk Factors" in the Company's final prospectus, dated May 14, 2010, filed with the Securities and Exchange Commission, and in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required under applicable law.
For more information, please contact:
Kingtone Wirelessinfo Solution Holding Ltd.
Ms. Ying Yang, Chief Financial Officer
Tel: +1-626-623-2575 (US)
+86-134-6895-0909 (China)
Email: yangying@kingtoneinfo.com
Christensen
Tip Fleming
Tel: +852-9212-0684
Email: tfleming@christensenir.com
Yuanyuan Chen
Tel: +86-10-5971-2001
Email: ychen@christensenir.com
Kathy Li
Tel: +1-480-614-3036
Email: kli@christensenir.com
Source: Kingtone Wirelessinfo Solution Holding Ltd.
CONTACT: Kingtone Wirelessinfo Solution Holding Ltd., Ms. Ying Yang,
Chief Financial Officer, +1-626-623-2575 (US), +86-134-6895-0909 (China),
yangying@kingtoneinfo.com, Christensen, Tip Fleming, +852-9212-0684,
tfleming@christensenir.com; Yuanyuan Chen, +86-10-5971-2001,
ychen@christensenir.com; Kathy Li, +1-480-614-3036, or kli@christensenir.com
Web site: http://www.kingtoneinfo.com/