omniture

Kingtone Wirelessinfo Solution Holding Ltd to be Wireless Communication Partner of Qualcomm 2011 "Wireless Reach" Initiative in China

XI'AN, China, May 11, 2011 /PRNewswire-Asia-FirstCall/ -- Kingtone Wirelessinfo Solution Holding Ltd ("Kingtone" or the "Company") (Nasdaq: KONE), a China-based software and solutions developer focused on wirelessly enabling businesses and government agencies to more efficiently manage their operations, today announced that it was selected as a wireless communication partner of the Qualcomm 2011 "Wireless Reach" initiative in China.

Qualcomm formalized "Wireless Reach" in 2006 and it since has grown into a global initiative with 56 projects in 28 countries. The initiative supports programs and solutions that bring the benefits of connectivity to underserved communities globally through the use of 3G wireless technologies. "Wireless Reach" projects create new ways for people to communicate, learn, access health care, improve the environment and reach global markets.

This is the second time that Kingtone has been selected as Qualcomm's partner in China for this world renowned initiative. Kingtone participated in "Wireless Reach" in 2009 and cooperated with China Children and Teenager's Fund, China Rural Medical Doctor's Training Center, Hebei Women's Association and China Telecommunications Corporation to provide 3G mobile phones and computers with proprietary technology and pre-installed health care applications to a hundred medical doctors in twenty-one health clinics in Xian county of Hebei province.

China is a developing country with nearly 70% of its population living in rural areas. The current health care in rural China is undeveloped with some areas lacking a qualified rural clinic. Rural medical doctors, due to the lack of funds, do not have enough capacity to serve the rural people. Through the "Wireless Reach" project in 2009, Kingtone provided 3G based mobile phones and computers enabling medical doctors in rural areas in Hebei province to receive timely medical information and more effectively treat patients. The project also included the development of specialized medical training courses for rural doctors to help minimize misdiagnosis and delayed treatment, thereby enhancing health care and affording children from low-income families in rural areas better medical and health services.

In 2011, Qualcomm will grant Kingtone $250,000 to continue to develop its 3G wireless communication system to extend the reach of rural doctors to better serve the heath care needs in underserved areas in China.

"We are very proud to have been selected again as a Qualcomm's partner to support its "Wireless Reach" project in China. This is an additional testament to our leading-edge wireless communication technology and our commitment to social responsibility and community support. This project will allow us to extend our mobile applications into the health care industry, a new sector for us. We will fully leverage the valuable experience we obtained by participating in Qualcomm's 2009 initiative and continue to create efficient, productive and sustainable wireless communication solutions," said Mr. Peng Zhang, Chief Executive Officer of the Company.

About Kingtone Wirelessinfo Solution Holding Ltd

Kingtone Wirelessinfo Solution Holding Ltd (Nasdaq: KONE - News) is a 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 that enables wireless interactivity across many protocols, devices and platforms.

For more information, please visit Kingtone's website at http: www.kingtoneinfo.com. The Company routinely posts important information on its website.

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", "future" and "guidance" 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 prospectus, dated May 14, 2010 filed with the Securities and Exchange Commission (the "SEC"), and in documents subsequently filed by the Company from time to time with the SEC including the Company's Transition Report on Form 20-F for the transition period from December 1, 2009 to September 30, 2010 filed with the SEC on January 20, 2011. 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 investor and media inquiries, please contact:

 

 

 

 

Christensen

 

 

Christian Arnell

 

 

Tel:  +86-10-5826-4939  

 

 

Email: carnell@christensenir.com

 

 

 

 

Kathy Li

 

 

Tel:   +1-480-614-3036    

 

 

Email: kli@christensenir.com

 

 

 

 

 




Source: Kingtone Wirelessinfo Solution Holding Ltd
Related Stocks:
NASDAQ:KONE
Keywords: Telecommunications
collection