Zi-Corp (ZICA), formerly MCUAF Message Board

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Technology Stocks : Zi-Corp (ZICA), formerly MCUAF

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To: Kerm Yerman who wrote ()	5/30/2000 9:54:00 AM
From: leigh aulper	Read Replies (1) of 2082

Zi wins competitive bid with major Chinese manufacturer CALGARY, May 30 /CNW/ - Zi Corporation's (Nasdaq: ZICA) (TSE: ZIC) eZiText(TM) technology will be embedded in Zhongxing's new series of GSM phones. Zhongxing Telecommunications Equipment Ltd. is one of the nine Chinese manufacturers officially designated by the Ministry of Information Industries to produce mobile phones for the domestic market. The licensing and royalty agreement between Zi and Zhongxing covers the use of eZiText(TM) for Simplified Chinese, Traditional Chinese and English. Zhongxing has already delivered two handset set models to the domestic market and it plans to increase competition by shipping a new model every three months. "eZiText(TM) technology is now licensed to most of the 'designated nine' domestic manufacturers authorized to produce mobile phones for the Chinese market," says Kam Ching, director of Sales and Business Development of Zi Corporation. Zhongxing is one of China's most established high technology enterprises with over ten years in telecom manufacturing. This agreement with Zhongxing further establishes eZiText(TM) as the leading technology for language user interface in consumer electronics. "Zhongxing plans to produce over one million GSM phones for the domestic market in the year 2000," says Dr. Gong Zhengjun, vice president of Zhongxing's Mobile Products Division. "We have established our ZTE brand by focusing all efforts on customer requirements and eZiText(TM) provides the language interface that is needed to meet our customers' growing needs. Zi's complete language offering also makes our product instantly accessible to international markets." Zhongxing has taken the lead in expanding business abroad by winning large telecom contracts in Pakistan and Yugoslavia. Zhongxing products include switching and access systems; GSM and CDMA infrastructure; videoconferencing systems and mobile handsets. Zhongxing has research and development centers in Shenzhen, Beijing, Nanjing, Xian, Chongqin, Shanghai, Korea and the United States. Zhongxing was the first publicly listed telecom company in China and trades on the Shenzhen Stock Exchange.

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