NQ Mobile Gains Access to Premier Mobile Messaging Technologies through Acquisition of One-third Stake in Hesine Technologies

BEIJING and DALLAS, Aug. 16, 2012 /PRNewswire-Asia/ -- NQ Mobile™, a leading global provider of mobile Internet services focusing on security, privacy and productivity and MediaTek Inc., a leading fabless semiconductor company for wireless communications and digital multimedia solutions, have reached an agreement regarding NQ Mobile's acquisition of approximately one-third interest in Hesine Technologies International Worldwide Inc. ("Hesine"), a wholly owned subsidiary of MediaTek and a premier mobile messaging solution provider. NQ Mobile's Co-founder, Chairman and Co-CEO, Henry Lin, will join the Board of Directors of Hesine and provide overall strategic direction to the company.

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Hesine will provide NQ Mobile with access to its premier mobile messaging solutions, which provides mobile push notification and messaging services across various radio access technologies, wireless carrier­­­s, and geographies. While maintaining a majority interest in Hesine, MediaTek has agreed to further strategic collaboration with Hesine in the deployment of its messaging solutions.

"I'm honored and delighted to join the board of Hesine. I look forward to working with the company's management and employees to deliver best-in-class products and services," said Henry Lin. "The combination of MediaTek's platform and NQ Mobile's services offerings will enable Hesine to deliver continuous innovation and further enhance NQ Mobile's leading mobile security and privacy solutions."

Hesine's push technology and messaging platform has been proven to outperform other competitors on battery, bandwidth, memory, and CPU consumption on mobile devices. Hesine unifies all communication and messaging tools, including push email, webmail, blogging, social networking, instant messaging and others.  In addition to its push technology and messaging solution, Hesine offers a web suite that bridges Internet and mobile communications, allowing mobile users to conveniently and transparently manage or sync content. Hesine is currently available for iPhone, Android and Symbian operating systems.

"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 Fencl
MWW for NQ Mobile
afencl@mww.com
214.414.3330 (o)
972.251.0155 (m)

Investor Relations Contact:

Investor Relations
NQ Mobile Inc.
Email:  investors@nq.com
Phone: +852 3975 2853

SOURCE NQ Mobile Inc.