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NQ Mobile Gains Access To Premier Mobile Messaging Technologies Through Acquisition Of One-third Stake In Hesine Technologies

"NQ Mobile is pleased to expand our relationship with MediaTek and bring Hesine's core messaging solution to our suite of security and productivity solutions," said NQ Mobile Co-CEO, Omar Khan. "Hesine's management team has a strong background in wireless infrastructure and Internet services, which will be a valuable asset to NQ Mobile as we accelerate the introduction of new, innovative security and privacy technologies for chipsets, smartphones, and tablets globally."

"MediaTek is excited to broaden our partnership with Hesine and NQ Mobile.  This collaboration will enable us to jointly bring best-in-class software and services to a more diversified portfolio and sectors of customers globally," said David Ku, MediaTek's CFO.   

NQ Mobile is a leading mobile security and privacy company with over 200 million registered users globally, including award-winning products such as NQ Mobile Security™ and NQ Mobile Vault™.

About NQ Mobile

NQ Mobile Inc. (NYSE: NQ) is a leading global provider of mobile Internet services focusing on security, privacy and productivity. The company was one of the first to recognize the growing security threats targeting smartphone users and is now a leading provider of Freemium subscription services with approximately 204 million registered user accounts in over 150 countries. NQ Mobile's proprietary, cloud-based security solution has been recognized by third-party testing facilities around the world as the most effective solution for detecting and combating mobile threats. NQ Mobile was bestowed the 2011 Technology Pioneer Award by the World Economic Forum for its technology leadership and innovation in mobile security. To facilitate global expansion, NQ Mobile headquarters are co-located in Beijing, China and Dallas, TX, USA. For more information on NQ Mobile, please visit www.nq.com.

Media Contact:

Alex FenclMWW for NQ Mobile afencl@mww.com214.414.3330 (o)972.251.0155 (m)

Investor Relations Contact:

Investor RelationsNQ Mobile Inc.Email:  investors@nq.comPhone: +852 3975 2853

SOURCE NQ Mobile Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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