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Vtion launches new products

  • 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@kirchhoff.de

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