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Vtion Wireless Technology AG named a "China Top Brand" for 2012

Frankfurt, 6 February 2012

Vtion Wireless Technology AG, one of the leading suppliers of wireless data solutions for mobile computing in China, has been awarded as a "China Top Brand" by the Trademark Office for the State Administration of Industry and Commerce of the People's Republic of China. This is the highest standing a brand can achieve in the People's Republic of China.

Recognition as a China Top Brand is achieved through brand awareness, brand value, business scale and product quality. The Vtion brand has been named among the "Top 500 Most Valuable Chinese Brands" by The World Brand Lab every year since 2007, but 2012 is the first year in which Vtion will enjoy standing as a China Top Brand. Vtion's two main competitors in the wireless data terminal space, Huawei and ZTE, have been recognized as China Top Brands since 2002 and 2009, respectively.

"We take great pride in being recognized as a China Top Brand," states Vtion CEO Guoping Chen. "While we are still a mid-sized company, this recognition is a testament to our diligent approach to our business, the quality of our work, and the regard in which our main clients, particularly China's telecom operators view our brand. This is an important achievement for all of our people, but we need to continue looking forward to maintain and improve upon this," he concludes.

Vtion will release its preliminary full year 2011 results along with a guidance for the full year 2012 on Monday, the 13th of February.

 

About Vtion

The Vtion Group is one of the three leading suppliers of wireless data cards and associated services for the mobile use of computers via broadband wireless networks in the People's Republic of China. The company also offers e-reader, 3G router and embedded module products through network operator and retail distribution channels, as well as several online services. For 2010, the company reached sales revenues of EUR 102 million. 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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