Long Term Investment, Biotech & High Yield Dividend Stocks

[califax]

Zoom Technologies' LEIMONE Brand Continues to Drive Appeal to China Telecom's Young User

Date : 07/28/2010 @ 9:00AM
Source : MarketWire
Stock : Zoom Technologies (ZOOM)

http://ih.advfn.com/p.php?pid=nmona&article=43776437&symbol=ZOOM

Zoom Technologies, Inc. (NASDAQ: ZOOM), a leading China based manufacturer of mobile phones and related products, today unveiled the LEIMONE E33, its third in a series of 3G "LEIMONE" brand multimedia phones. The E33 phone will be sold through China Telecom, one of China's major mobile phone operators.

Mr. Leo Gu, Chief Executive Officer of Zoom Technologies, said, "This is another milestone in developing our LEIMONE brand into a leading consumer recognized name. The launch of our third 3G LEIMONE phone reflects Zoom's outstanding 3G capabilities and continues to solidify our already strong relationship with China Telecom. This is a very exciting time for Zoom as our LEIMONE brand phones, which carry a higher profit margin than our contract engineering & manufacturing service (EMS) phones, are growing in use and popularity. Zoom believes it is positioned to benefit from the outstanding growth expected in the design and production of advanced mobile phones for China's 3G network. The design and features of our newest E33 phone caters to young users who are price sensitive and yet demand rich multimedia features in their handsets. We are confident that the E33 mobile phone will appeal to China's burgeoning young customer base."

The LEIMONE E33 3G mobile phone is coming to market in September and is targeted for China's younger customers with its fashionable design, sleek interface, and middle to low-end price point. The E33 features a 2.4 inch 65K TFT 320Hx240W aspect ratio back-lit LED screen, a high resolution camera, flash memory expansion slot, FM radio, Bluetooth 2.1 and GPS navigation capabilities, 220 minutes talk time and 120 hours on standby mode, and is fully compatible with China Telecom's 3G applications.

For more information on the LEIMONE E33 and other LEIMONE phones, please visit Zoom Technologies' website at www.zoomleimone.com.

About Zoom Technologies

Zoom Technologies is a holding company with subsidiaries that engage in the manufacturing, research and development, and sale of electronic and telecommunication products for the latest generation mobile phones, wireless communication circuitry, and related software products. Zoom Technologies' subsidiary, Jiangsu Leimone, owns a majority stake of TCB Digital, which offers highly customized and high quality Electronic Manufacturing Service (EMS) for Original Equipment Manufacturer (OEM) customers as well as its Own Brand Manufacturing (OBM) under the Leimone brand name. The company's products are both exported and sold domestically.

Forward-Looking Statements

Certain statements in this press release may constitute "forward looking statements" that involve risks and uncertainties. These include statements about our expectations, plans, objectives, assumptions or future events. You should not place undue reliance on these forward-looking statements. Information concerning factors that could cause our actual results to differ materially from these forward-looking statements can be found in our periodic reports filed with the Securities and Exchange Commission. We undertake no obligation to publicly release revisions to these forward-looking statements to reflect future events or circumstances or reflect the occurrence of unanticipated events.

Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1318454

Contacts:

Cynthia Hiponia

The Blueshirt Group

[phone]