Borqs CEO Pat Chan Named 2012's "Beijing Entrepreneur of the Year" by Silicon Dragon

CUPERTINO, Calif., June 1, 2012 /PRNewswire-Asia/ -- Borqs International Holding Corp (Borqs), a leading global end-to-end Android+ and Cloud software solutions provider, recently announced that company CEO and President Mr. Pat Chan was honored as the recipient of the 2012 Silicon Dragon Entrepreneur OF BEIJING Award.  Speaking at the awards ceremony on May 31 in Beijing, Mr. Chan shared  his entrepreneurial experiences and Borqs' development story with other entrepreneurs from well-known mobile internet enterprises including Renren, Innovation Works, Dangdang and Yesky. Mr. Chan also highlighted Borqs' expanded global market development strategy. The award not only acknowledges Mr. Chan's personal entrepreneurship, but also reflects Borqs' numerous achievements in mobile internet Android+ software and services platform solutions in recent years.

Accepting the award, Mr. Chan said: "I want to express my thanks to Silicon Dragon for awarding this honor to me and my team. This is proof of Borqs' successes in the five years since we began in 2007 and the recognition we have received from the Silicon Dragon judges and some of the technology industry's most senior and respected individuals. Through five years of active exploration and practice in the mobile internet field, Borqs has accumulated a great deal of experience in providing Android+ software platform and service platform solutions for mobile internet while maintaining a healthy growth rate. Looking to the future, Borqs will continue to uphold its commitment to its customers around the world. We mean to become a representative for creativity and openness in the mobile internet industry, and Borqs will continue to leverage the innovative abilities of our outstanding staff of technical professionals to spur development throughout the industry."

We are very pleased to see Mr. Chan and his dynamic team continue with great strides in developing innovative solutions to further drive growth and openness in this industry," said David Xu, Partner, KPMG China, the audit, tax and advisory services firm that sponsors the Silicon Dragon award series.

Mr. Chan, one of Borqs' founding members, has also been honored to receive the High-Caliber Talent from Overseas Award from both the national and the Beijing governments. Mr. Chan has brought over 20 years of executive-level experience in wireless communication and the information and ICT sector to Borqs. With Mr. Chan's guidance, Borqs has leveraged its strength in innovation and R&D to make a series of landmark achievements in the Chinese market. Internationally Borqs has established partnerships with operators in the US, the Asia Pacific region, Europe, the Middle East, and Africa. Borqs has entered into strategic alliances with the world's leading OEM manufacturers and chip vendors to provide commercialized Android+ software solutions. Under the guidance of its richly experienced management team, Borqs will continue to provide its customers with superior user experiences supported by scalable, stable and advanced back-end technologies.

About the Silicon Dragon Entrepreneurs Award

Winners of the Silicon Dragon Entrepreneur Award must meet the following criteria for selection:

"Must haves"

• An innovative product or service in a tech or related area: mobile communications, e-commerce, social networking, Internet, online games, cloud computing, outsourcing, cleantech and healthcare
• A dynamic, passionate CEO/founder with some international company experience and/or education at a top university
• A high-caliber management team with fully staffed positions for CTO, CFO, Sales and other top executive posts
• Raised at least one round of venture capital from a prominent firm
• Reported fast growth at least two years in a row for startup or emerging company
• A market leader, with sizeable market share that can be documented by an outside industry source
• Profitable or on a quick path to profitability
• A highly qualified board of directors from the industry
• English-language fluency
• A surprise factor such as a major milestone or accomplishment that seemed impossible

Rebecca A. Fannin, the well-known journalist and author of "Silicon Dragon", established the award in 2010 through the news, events and thought leadership group she leads, Silicon Dragon Ventures. "The award aims to showcase the latest developments in Asian entrepreneurship and encourage the continued growth of an innovation ecosystem in the region through sharing best practices," Ms. Fannin said At Silicon Dragon events held in Beijing, Shanghai, Hong Kong and key innovation hubs,  founders, investors and leaders of companies from key industries such as venture capital, IT and social networking are invited to share their experiences and entrepreneurial spirit.

About Rebecca A. Fannin

Journalist, writer, consultant and speaker, Rebecca A. Fannin has over 15 years of experience covering technology, entrepreneurship, venture capital and innovation in Asia's  emerging markets, and she is one of the world's leading authorities on global technology development trends. Her book "Silicon Dragon" has received widespread acclaim and has been translated into a number of languages. Her second book, Startup Asia, was published in late 2011 with a foreword by industry leader and Innovation Works' founder Kai-Fu Lee, and a Chinese edition is being published by CITIC Press this year. As a contributor to Forbes and former international editor of "Red Herring" and the Hong Kong-based "Asian Venture Capital Journal", Rebecca Fannin has amassed a deep well of insight and analytical ability with respect to the current trends in the startup, digital media and investment industries.

About Borqs

Borqs International Holding Corp., established in September 2007, is a technology company dedicated to providing customizable, integrated Android software platform solutions and end-to-end service platform solutions for mobile operators, terminal OEMs, and chip manufacturers worldwide. Headquartered in Beijing, Borqs also has offices and research and development facilities in Cupertino, Bangalore, Wuhan and Shenzhen. Primary investors in Borqs are Keytone Ventures, GSR Ventures, Tsinghua Venture Capital, Norwest Venture Partners, and Intel Capital Corporation. Borqs is now an active member of Google/OHA (the Open Handset Alliance) and the TD Industry Alliance.

Supported by leading venture capital and world-class strategic partners, Borqs meets the demands of its global customer base with platforms and services made possible by Borqs' technological innovation, leading-edge product development, and complete customer service system. In the 2011 "Deloitte Technology Fast 500 Asia Pacific" awards, Borqs was ranked 9th in China and 39th in the Asia Pacific region according to revenue growth over the last 3 years.

SOURCE Borqs