DGAP-News: Vtion Wireless Technology AG: Vtion launches new products
(firmenpresse) - Vtion Wireless Technology AG / Key word(s): Product Launch
29.10.2010 11:14
---------------------------------------------------------------------------
- New Vtion E6 and V6 3G Routers bring connectivity to the home with
Vtion's traditional reliability
- New Vtion C1 E-Reader designed to meet a growing need across China
- New products will supplement the company's core 3G wireless data business
29 October, 2010, Frankfurt. Vtion Wireless Technology AG, one of the top
providers of wireless data solutions for mobile computing in China,
announces three new products for the year end 2010:
The Vtion E6 and V6 3G Wireless Routers are designed for use in the home or
office and features Vtion's trademark sleek and attractive design with LED
status display. The V6 3G Wirelesss Router supports WCDMA HSUPA, and the E6
supports the CDMA 2000 EVDO technology; both can reach download speeds of
7.2Mbps, and upload speeds of 5.6Mbps. The routers support any devices
requiring WiFi connectivity, including tablet computers, laptops, e-readers
and smartphones. They also feature several types of encoding for document
protection, provides for 32GB of memory through a MicroSD card and allows
for any-time/any-place document sharing among users. Despite a convenient
size of only 56 grams, both 3G wireless router have a battery life of
greater than 5 hours and work with Windows XP, Vista and Mac OS.
The Vtion C1 E-Reader features a 6-inch touch screen with a 600 x 800
screen resolution and supports all common print document formats currently
in use, displaying them using eye-friendly e-ink technology. The C1
E-Reader has a battery life of 360 hours, which allows the user to flip
through over 8,000 pages before re-charging; the device also features a
mini-USB connection, has 2GB of internal memory and supports MicroSD
expansion. The C1 E-Reader allows for rapid download of new material though
its WiFi connection.
'We still see strong growth in our core business in cooperation with the
telecom operators,' states Vtion CEO Chen Guoping. 'The C1 E-Reader, the E6
and the V6 3G wireless routers are examples of Vtion addressing new
opportunities in the Chinese market that are related to our core business.
We will continue to seek new opportunities, and will look to leverage the
still-growing 3G market through more new product and data service
application offerings in the first part of 2011,' he continues.
Consistent Vtion's value-chain strategy the production of both new products
is outsourced.
The Chinese Market
The Chinese wireless network industry is currently going through a process
of market development from second generation networks to network standards
of the third mobile phone generation - known as 3G standards. China is the
only country in the world with three different 3G wireless standards, the
CDMA 2000 EVDO Network operated by China Telecom, the WCDMA Network
operated by China Unicom and the TD-SCDMA Network operated by China Mobile.
Network rollouts for the latter two networks are still in progress; the
Vtion Group is expecting the completion of the establishment of 3G mobile
networks to lead to a further increase in demand for wireless data cards in
China.
About Vtion
The Vtion Group is one of the three leading suppliers of wireless data
cards and associated services for mobile computing via broadband wireless
networks in the People's Republic of China. The Vtion Group concentrates
mainly on the development and sale of wireless data cards, including
computer interface software and the provision of appropriate after-sales
services. The Vtion Group also supplies Internet-based data service
solutions. Currently the company is comprised of approximately 200
employees and realized revenues of Euro 67.6 million and a net profit of
Euro 16.55 million for 2009.
The Vtion Wireless Technology AG shares are being traded in the Prime
Standard on the Frankfurt Stock Exchange with the ISIN DE000CHEN993. The
company's ticker symbol is V33.
For further information, please contact:
Kirchhoff Consult AG
Dr Kay Baden
tel.: +49 40 60 91 86 0
baden(at)kirchhoff.de
or visit the company website at: www.vtion.de
29.10.2010 11:14 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: Vtion Wireless Technology AG
Westhafen Plaza 1
60327 Frankfurt
Deutschland
Phone: +49 69 710 456 245
Fax: +49 69 710 456 248
E-mail: ir(at)vtion.de;janina.wismar(at)kirchhoff.de
Internet: www.vtion.de
ISIN: DE000CHEN993
WKN: CHEN99
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Hamburg, München, Düsseldorf, Berlin, Stuttgart
End of Announcement DGAP News-Service
---------------------------------------------------------------------------
Datum: 29.10.2010 - 11:14 Uhr
Sprache: Deutsch
News-ID 32449
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 219 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: Vtion Wireless Technology AG: Vtion launches new products"
steht unter der journalistisch-redaktionellen Verantwortung von
Vtion Wireless Technology AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
