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SIM Technology makes Deloitte Technology Fast 50 China for third consecutive year


Hong Kong, 9 December 2007

SIM Technology Group Limited ("SIM Technology" or the "Group"; SEHK stock code: 2000), a leading mobile handset and wireless communication module developer in China, has made it into the list of "2007 Deloitte Technology Fast 50 China" for the third consecutive year and also the "2007 Deloitte Technology Fast 500 Asia Pacific" Award.

Deloitte is among the big four accounting firms in the world and the "Deloitte Technology Fast 50 China" is a part of the "Deloitte Technology Fast 500 Asia Pacific", recognizing and promoting fast-growing technology companies each year. Since it was launched in 2005, the ranking has gained influential and credibility in the technology, media and telecommunications industries in China. The "Deloitte Technology Fast 50 China" list is decided each year after evaluating revenue growth of companies in the three preceding financial years.

Mr. Raymond Tsang, Deputy Chairman of SIM Technology, said, "We are so proud to have made the ‘Deloitte Technology Fast 50 China’ for three consecutive years, which testifies to the market recognition of our outstanding financial performances in the past few years and the hard work of our staff. We will continue to pursue our goal of becoming a global supplier of mobile handsets and smart phone solutions, and also capitalise on the growth momentum we have gathered to foster development of the telecommunications industry in China."

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