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Successful Debut of First TD Handset Jointly Developed by SIM Technology and SKTC


Shanghai, 10 June 2008

The first TD-SCDMA handset jointly developed by SIM Technology Group Ltd. (“SIM Technology” or “the Group”; SEHK stock code: 2000) and Korea SK Telecom China ("SKTC") had a successful debut in Beijing.


Besides the basic functions such as voice communication, MMS, WAP Internet access and multimedia display, the new handset operates on SKTC’s proprietary application platform and features a unique personalised user interface design. The jointly developed handset can also be upgraded by service providers with value added services. Korea President Mr. Lee Myung-bak attended the TD-SCDMA Exhibition organized by Datang Telecom in Beijing. He tried the features embedded in the new 3G handset and was impressed with digital mobile TV and web surfing via HSDPA functions.


SIM Technology and SKTC signed an agreement last August to form strategic alliance in the development of TD-SCDMA Wireless Terminal application solutions. The successful debut of the TD-SCDMA handset in Beijing was the result of close partnership between the two companies. In the future, SIM Technology and SKTC will continue to develop other advance TD-SCDMA handset solutions and contribute to the growth of the TD industry.


SIM Technology Group Limited

Listed on the Stock Exchange of Hong Kong Limited, SIM Technology Group Limited (stock code: 2000) is a leading independent mobile handset and wireless communication module solutions developer operating in China. Its business is principally engaged in the design and development of mobile handset solutions, as well as corresponding Turnkey Solutions. The Company and its subsidiaries (the “Group”) offers a full range of competitive mobile handset solutions ranging from ultra low cost handsets, mid-range feature handsets, and PDA and EDGE handsets, to EDGE/WiFi combo handsets, Pocket PC handsets, China 3G – TD-SCDMA handsets all the way up to 3.5G WCDMA/HSDPA wireless solutions. Currently, the Group provides high quality engineering solutions to customers around the world. For more information, please visit friendshipland.net.


About SK Telecom China

SK Telecom is the largest mobile operator in Korea. SK Telecom launched the world first CDMA 2000 1x based 3G service in 2000 as well as the first CDMA service in 1996. SK Telecom China was established in 2002 on the purpose of cooperating with Chinese partners and operators, to develop new business opportunities. In 2004, SK Telecom China collaborated with China Unicom made the first valued added service joint venture in China, UNISK. In 2006, SK Telecom China also signed MOU with Chinese government to develop latest 3G standard of China, TD-SCDMA.


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