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NQ Mobile Inc. Announces an Extension of Linkmotion's Product

2018-01-09 21:38 394

BEIJING, Jan. 9, 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 extended its product offerings beyond passenger cars.  Linkmotion was selected as the platform vendor for pure electric buses being demonstrated currently in the city of Qingdao. This new specialized platform for public transportation vehicles is an extension of the existing passenger car platform.

"We are excited to be in the market with this new product extension working with pure electric buses in the city of Qingdao," said Chen Bo President of Linkmotion. "We look forward to continue to innovate and provide car and transportation companies with enabling technology and platform solutions for the future in smart cars and transportation."

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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