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NQ Mobile Inc. Announces A Roadmap for the Development of Linkmotion's Carputer to become a "CarBrain" which supports the Integration of AI and Blockchain Applications and Technology Architecture

2018-01-10 21:48 1102

BEIJING, Jan. 10, 2018 /PRNewswire/ -- NQ Mobile Inc. ("NQ Mobile" or the "Company"), a leading smart car and smart ride company, today announced that its subsidiary, Linkmotion Holdings Inc. ("Linkmotion") has issued a paper describing the roadmap for its Carputer to advance to a "CarBrain" with support for the integration of artificial intelligence ("AI") and Blockchain applications and technology architecture.

The introduction of the document reads, "The focus of this paper is to discuss how the software-designed cars integrate and utilize AI and blockchain and why it's very significant for us at Linkmotion. The most robust way to incorporate these attributes and intelligence into cars is within the Carputer and this document serves a crucial role to elaborating this message to our customers throughout the automotive landscape."

The full paper can be found at www.link-motion.com at the following link:

http://link-motion.com/papers/link_motion_car_brain_ai_block_chain.pdf

"So far the digitalization in the automotive industry has been all about replacing existing things in a vehicle with software," said Pasi Nieminen, CEO of Linkmotion. "In the next phase of advancement, vehicles will become an integrated part of a connected infrastructure and more support for network side applications and services are required from vehicle computing. This is how we are positioning Linkmotion for the future."

About NQ Mobile Inc.

NQ Mobile Inc. (NYSE: NQ) is a leading smart ride business. NQ Mobile's portfolio of offerings includes enabling technology solutions and secure connected carputers for the ecosystem of car businesses, consumer ride sharing services, as well as legacy mobile security, productivity and other related applications. For more information on NQ Mobile, please visit http://www.nq.com

Forward Looking Statements

This news release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in 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" and similar statements. All statements other than statements of historical fact in this press release are forward-looking statements and involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These forward-looking statements are based on management's current expectations, assumptions, estimates and projections about the Company and the industry in which the Company operates, but involve a number of unknown risks and uncertainties. Further information regarding these and other risks is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and actual results may differ materially from the anticipated results. You are urged to consider these factors carefully in evaluating the forward-looking statements contained herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements.

Investor Relations:

NQ Mobile Inc.
Email: investors@nq.com
Phone: +1 469 310 5281
Phone: +86 10 6452 2017
Twitter: @NQMobileIR

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Source: NQ Mobile Inc.
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