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faceVsion(TM) and Tencent Announce HD Video Communications Service for QQ Users

Poster: SySAdmin
Posted on September 9, 2010 at 6:49:01 AM
faceVsion(TM) and Tencent Announce HD Video Communications Service for QQ Users

BEIJING, September 9, 2010--

    - The New faceVsion FV TouchCam(TM) VQ1, optimized for QQ HD video calls,
offers life-like 720p HD video communications experience for QQ users

    faceVsion Technology Inc., a market innovator pioneering HD video
communications for consumers and SMEs, has partnered with Tencent, China's
largest Internet services provider, to develop a high definition (HD) webcam
optimized for Tencent QQ HD video calling, offering hundreds of millions of
Tencent QQ users a smoother and richer video calling experience not possible
in the past.

    Being China's largest Internet company, Tencent is committed to offering
internet users a one-stop online lifestyle services community, fulfilling a
multitude of needs when it comes to online activities. According to
statistics, over 60% of QQ users frequently communicate through video calls
with an average four hours of video call time daily. In terms of
applications, QQ video call is significantly used for people's normal
communications, distant business meetings, news media live reporting, as well
as internal and external governmental communications. With video calls
becoming a ubiquitous mode of communications, users are also demanding higher
video calling quality. To this end, Tencent and faceVsion have fully utilized
its respective software and hardware strengths to jointly offer 720p
HD-quality video calls at 1280 x 720 resolution, providing users with
innovative products to enjoy a life-like video calling experience at a cost
of a typical webcam.

    "faceVsion is striving to provide HD video communications for consumers
and SMEs anytime, from anywhere," said William Tan, Chief Operating Officer
of faceVsion. "The joint cooperation between Tencent and faceVsion in
combining the FV TouchCam VQ1 and QQ HD software enables the hundreds of
millions of QQ users to enjoy real-time, two-way HD video calling at a truly
affordable consumer price."

    "Considering the continual scope expansion of the Internet, as well as
the integration of consumers' lifestyle regardless online and offline,
Tencent is committed to offer all Internet users better quality services in a
convenient one-stop online platform," said Mel Yin, General Manager of
Instant Messaging Department of Tencent. "We expect to continually provide
more innovative technologies, and never-seen-before applications to users,
upgrading their online experience."

    Impeded by networking, infrastructure, and cost issues associated with
traditional HD conferencing solutions, the scope of global HD video
conferencing market is limited to less than 2 billion US dollars in terms of
revenues. According to research firms' statistics, there are approximately
1.2 billion of the worldwide population that has access to broadband
internet, and with massive number of small and medium enterprises, the
potential of video conferencing market is estimated to exceed hundreds of
billions US dollars. In addition, many states' governments around the globe
have prioritized broadband network as one of the country's key competitive
indexes. Tencent and faceVsion will continue to foster this partnership by
leveraging respective strengths in hardware, software and codec technologies
so as to provide faster and better products and services over Internet.

    faceVsion has partnered with Tencent QQ, Skype(TM), and Google to
jointly deliver the benefits and power of HD video communications to all
Internet users ever since the company was established in 2009. faceVsion
specializes in Full HD and HD video conferencing hardware solutions, as well
as HD video communications software development, engaging partners around the
world to empower the masses with easy to use, affordable products and
services for enjoyable HD video calling experiences.

    To find out more about FV TouchCam(TM) VQ1 and QQ HD offerings, please
visit http://www.gaoqing.vip.qq.com ; or http://www.im.qq.com/HD ; or
http://www.facevsion.com/cn

    To download photos of this press release, please visit
http://www.facevsion.com/cn/product/VQ1/gallery

    About faceVsion(TM)

    faceVsion Technology Inc. (FVT) is the global leader in pioneering
solutions that empower consumers and SMEs with true-to-life HD video
communications experience over public and private networks through any PC
screens. Armed with HD codec know-how and embedded systems design expertise,
faceVsion offers a full range of HD solutions including webcams, universal
video coding units (FVexpress(TM)), and full function set-top phones
(FVfone(TM)). Together with its partners around the world, faceVsion delivers
and enhances video communications for users worldwide.

    About Tencent

    Founded in November 1998, Tencent, Inc. has grown into China's largest
and most used Internet service portal. In its ten-year history, Tencent has
been able to maintain steady and fast-paced growth by always putting its
users first. On June 16, 2004, Tencent Holdings Limited (SEHK 700) went
public on the main board of the Hong Kong Stock Exchange.

    As of March 2010, Active Instant Messaging ("IM") user accounts have
reached 568.6 million. Peak simultaneous online user accounts for IM services
have reached 105.3million. QQ.com has become China's most visited Internet
portal website. PaiPai.com has also become China's second largest Internet
shopping platform.

Source: faceVsion Technology Inc.

Bryan Yen of faceVsion Technology Inc., +886-3-318-3369 Ext.63621, bryan.yen@facevsion.com
 
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