SOURCE: China TechFaith

China Techfaith

January 26, 2010 07:00 ET

TechFaith to Launch First MMORPG PC Online Game

BEIJING--(Marketwire - January 26, 2010) - China Techfaith Wireless Communication Technology Limited (NASDAQ: CNTF) ("TechFaith") today announced that its wholly-owned gaming subsidiary 798 Entertainment Limited plans to officially launch its first MMORPG PC online game, Fairy Online, into open beta version at 7:00 p.m. (Beijing Time) on January 28, 2010.

Fairy Online is a dazzling and innovative MMORPG based on the breakthrough 3D technology 'Cartoon Box.' The game is designed to give players a stunning visual experience, with the graphics competitive with if not better than the popular cartoons. The game also boasts countless creative features, such as random tasks, fast friend searching, an interactive community and graffiti brush. The combination of rich graphics and game features offers a first-class gaming experience. Equally important, Fairy Online was designed to offer a rich cultural experience, with content true to the ancient Chinese background.

Mr. Defu Dong, Chairman and CEO of TechFaith, commented, "This is a very important step forward for our gaming business. We have high expectations for Fairy Online based on the stunning production our team achieved and based on highly positive initial feedback from our closed beta test. Fairy Online will serve as a showcase for the technology, graphic and storytelling innovation that we strive to be known for in our gaming business. We are focused on building momentum in our gaming business. We intend to follow up Fairy Online with other rich PC online, mobile, and motion sensor games."

About TechFaith

TechFaith (NASDAQ: CNTF) is a China-based original developed product provider focused on the original design and sales of mobile phone products. TechFaith is also striving to build a leading PC and online gaming business through its wholly-owned subsidiary, 798 Entertainment Limited. 798 Entertainment Limited currently engages in providing self-developed as well as co-developed and licensed cell phone contents.

--  TechFaith engages in the development and production of middle to high end
    handsets and tailor made handsets. TechFaith's original developed products
    include: (1) multimedia phones and dual mode dual card handsets of multiple
    wireless technology combination such as GSM/GSM, GSM/CDMA, GSM/WCDMA,
    GSM/TD-SCDMA and UMTS/CDMA; (2) Windows-based smartphones and Pocket PC phones;
    and (3) handsets with interactive online gaming and professional game terminals
    with phone functionality.
--  With the capability of developing Middleware Application MMI/UI software on
    communication technologies, TechFaith is able to provide Middleware Application
    MMI/UI software packages that fulfill the specifications of handset brand owners
    and carriers in the global market. For more information, please visit
--  TechFaith is targeting both the mobile and online PC gaming markets through
    its websites and with gaming content developed
    internally, co-developed and licensed from third parties.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident," "outlook" and similar statements. Among other things, the business outlook and strategic and operational plans of TechFaith and management quotations contain forward-looking statements. TechFaith may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission on Forms 20-F and 6-K, etc., in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about TechFaith's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, those risks outlined in TechFaith's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. TechFaith does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Contact Information

    In China:
    Jay Ji
    China Techfaith Wireless Communication Technology Limited
    Tel: 86-10-5822-8390

    In the U.S.:
    David Pasquale
    Global IR Partners
    Tel: +1 914-337-8801