BEIJING, Feb. 6, 2018 /PRNewswire/ -- NQ Mobile Inc.
("Link Motion" or the "Company"), a leading smart car
and smart ride company, today announced that it has formed a partnership agreement with Hangzhou
First Technology Co., Ltd. (Chinese Name: 杭州伯坦科技工程有限公司 or
"Botan"), a leading car design and engineering
company. According to the partnership, Botan will
assist the Company in the redesign of the smart cars that will be
utilized as part of the Smart Ride business to be commercially
rolled out soon. The smart cars will be designed specifically with
the passenger in mind and will create a "Smart Space" that can be
used for entertainment and productivity. Botan will serve a key
role in the car-related aspects of the Company's smart ride
business roll out.
"We believe the smart cars of the future will become a moving
personalized 'Smart
Space' for passengers." Said Dr. Vincent
Wenyong Shi, Chairman of NQ Mobile Inc. "By combining our
own CarBrain and smart space services and working with Botan, we
are reinventing the car with the passengers in mind and creating a
seamless internet lifestyle for them to enjoy their time during the
ride. This will be the foundation of our Smart Ride business."
"We are pleased to be working with Link Motion as they roll out
a new passenger-centric and services-focused ridesharing
fleet." said Mr. Liang Nie, Chairman of Botan. "We believe
that the future opportunity in car design and manufacturing will be
centered around how to allow the passengers to utilize their ride
times more enjoyably and productively. Botan is positioned
strategically to help Link Motion deliver on their drive to deliver
this passenger experience within their smart ride business."
The Company unveiled its plans to rollout its smart ride business during the
summer in a press release on January
22, 2018. The Company's mission will be to help
passengers enjoy their riding time by offering "Smart Space"
services inside of passenger-centric smart cars.
About Hangzhou First Technology Co.,
Ltd.
Hangzhou First Technology Co., Ltd.
(Chinese Name: 杭州伯坦科技工程有限公司 or "Botan") was established in
2014 as a leading engineering company servicing the new age
of the automotive industry. The company's mission is to
establish a new organizational approach for the automotive industry
and to build a platform-based ecosystem of intelligent
manufacturing. The Company focuses primarily on the future of
electric vehicles including car design, energy supply logistics,
smart manufacturing, and other services.
About NQ Mobile Inc.
NQ Mobile Inc. ("NQ" NYSE: NQ) is a leading smart ride
business. The Company's portfolio of offerings includes
enabling technology solutions and secure connected carputers for
the ecosystem of car businesses, consumer ride sharing services, as
well as legacy mobile security, productivity and other related
applications. For more information on the Company, please
visit http://www.lkmotion.com.
Forward Looking Statements
This news release contains "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, and as defined in the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements can be
identified by terminology such as "will," "expects," "anticipates,"
"future," "intends," "plans," "believes," "estimates" and similar
statements. All statements other than statements of historical fact
in this press release are forward-looking statements and involve
certain risks and uncertainties that could cause actual results to
differ materially from those in the forward-looking statements.
These forward-looking statements are based on management's current
expectations, assumptions, estimates and projections about the
Company and the industry in which the Company operates, but involve
a number of unknown risks and uncertainties. Further information
regarding these and other risks is included in the Company's
filings with the U.S. Securities and Exchange Commission. The
Company undertakes no obligation to update forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations, except as may be required by law.
Although the Company believes that the expectations expressed in
these forward looking statements are reasonable, it cannot assure
you that such expectations will turn out to be correct, and actual
results may differ materially from the anticipated results. You are
urged to consider these factors carefully in evaluating the
forward-looking statements contained herein and are cautioned not
to place undue reliance on such forward-looking statements, which
are qualified in their entirety by these cautionary statements.
Investor Relations:
NQ Mobile Inc.
Email: investors@nq.com
Phone: +1 469 310 5281
Phone: +86 10 6452 2017
Twitter: @NQMobileIR
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SOURCE NQ Mobile Inc.