Qiao Xing signs five-year preferred customer agreement with design house Cellon International; the pair ship first co-produced handset

August 15, 2002

1 Min Read

GUANGDONG, China and SAN JOSE, Calif. -- Qiao Xing Universal Telephone (NASDAQ: XING) , the second largest telephone manufacturer in China, today announced that the company had signed a preferred customer agreement with Cellon International, the world's largest independent wireless design house. In addition, the company will begin shipping the Cellon-powered Q200 handset -- the world's first dual-display GSM phone with integrated FM radio -- to its network of 1,350 retail store locations throughout China.The agreement with Cellon International's operating unit, CEC Wireless, covers a five-year period and includes broad cooperation on the development of new models and features. Key to the deal was CEC Wireless' status as a charter-holder from the Chinese Ministry of Information Industry (MII) to be an independent national R&D center for next-generation wireless terminals."By selecting Cellon as a preferred vendor, we're guaranteeing that Qiao Xing will have access to the latest designs and features for its customers, particularly as next-generation services are rolled out," said Mr. Zhang Yu Feng, General Manager of Qiao Xing Mobile Telecommunication Inc. "Most importantly, Cellon has the scale and proven track record that enables us to full integrate their design and development efforts into our distribution and marketing timetables with the knowledge that they'll deliver." As a result of the agreement, Qiao Xing will immediately begin shipping the Cellon-designed Q200 handset. The Q200 is the world's first dual-display GSM phone with integrated FM radio, and has been competitively priced by Qiao Xing to become the industry standard in China. Orders for the Q200 have already been secured from Calilee Telecom (which wholly-owns 800 retail stores and 3,680 cooperative chain stores throughout China) and Shenzhen SED, two major wireless players in the Chinese market. Cellon Inc.

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