faceVsion(TM) and Tencent Announce HD Video Communications Service for QQ Users

BEIJING, Sept. 9 /PRNewswire/ -- faceVsion Technology Inc., a market innovator pioneering HD video communications for consumers and SMEs, has partnered with Tencent, China's largest Internet services provider, to develop a high definition (HD) webcam optimized for Tencent QQ HD video calling, offering hundreds of millions of Tencent QQ users a smoother and richer video calling experience not possible in the past.

Being China's largest Internet company, Tencent is committed to offering Internet users a one-stop online lifestyle services community, fulfilling a multitude of needs when it comes to online activities. According to statistics, over 60 percent of QQ users frequently communicate through video calls with an average four hours of video call time daily. In terms of applications, QQ video call is significantly used for people's normal communications, distant business meetings, news media live reporting, as well as internal and external governmental communications. With video calls becoming a ubiquitous mode of communications, users are also demanding higher video calling quality. To this end, Tencent and faceVsion have fully utilized its respective software and hardware strengths to jointly offer 720p HD-quality video calling at 1280 x 720 resolution, providing users with innovative products to enjoy a life-like video calling experience at a cost of a typical webcam.

"faceVsion is striving to provide HD video communications for consumers and SMEs anytime, from anywhere," said William Tan, Chief Operating Officer of faceVsion. "The joint cooperation between Tencent and faceVsion in combining the FV TouchCam VQ1 and QQ HD software enables the hundreds of millions of QQ users to enjoy real-time, two-way HD video calling at a truly affordable consumer price."

"Considering the continual scope expansion of the Internet, as well as the continued integration of consumers' online and offline lifestyles, Tencent is committed to offer all Internet users better quality services in a convenient one-stop online platform," said Mel Yin, General Manager of Instant Messaging Department of Tencent. "We expect to continually provide more innovative technologies, and never-seen-before applications to users, upgrading their online experience."

Impeded by networking, infrastructure, and cost issues associated with traditional HD conferencing solutions, the scope of global HD video conferencing market is limited to less than 2 billion US dollars in terms of revenues. According to research firms' statistics, approximately 1.2 billion of the worldwide population have access to broadband Internet, and with the massive number of small and medium enterprises, the potential of video conferencing market is estimated to exceed hundreds of billions US dollars. In addition, many states' governments around the globe have prioritized broadband networks as one of the country's key competitive indexes. Tencent and faceVsion will continue to foster this partnership by leveraging respective strengths in hardware, software and codec technologies so as to provide faster and better products and services over Internet.

faceVsion has partnered with Tencent QQ, Skype™, and Google to jointly deliver the benefits and power of HD video communications to all Internet users ever since the company was established in 2009. faceVsion specializes in Full HD and HD video conferencing hardware solutions, as well as HD video communications software development, engaging partners around the world to empower the masses with easy to use, affordable products and services for enjoyable HD video calling experiences.

To find out more about FV TouchCam(TM) VQ1 and QQ HD offerings, please visit http://gaoqing.vip.qq.com or http://www.facevsion.com/cn

To download photos of this press release, please visit http://www.facevsion.com/cn/product/VQ1/gallery

About faceVsion™

faceVsion Technology Inc. (FVT) is the global leader in pioneering solutions that empower consumers and SMEs with true-to-life HD video communications experience over public and private networks through any PC screens. Armed with HD codec know-how and embedded systems design expertise, faceVsion offers a full range of HD solutions including webcams, universal video coding units (FVexpress™), and full function set-top phones (FVfone™). Together with its partners around the world, faceVsion delivers and enhances video communications for users worldwide.

About Tencent

Founded in November, 1998, Tencent, Inc. has grown into China's largest and most used Internet service portal. In its ten-year history, Tencent has been able to maintain steady and fast-paced growth by always putting its users first. On June 16th, 2004, Tencent Holdings Limited (SEHK 700) went public on the main board of the Hong Kong Stock Exchange.

As of March, 2010, Active Instant Messaging ("IM") user accounts have reached 568.6 million. Peak simultaneous online user accounts for IM services have reached 105.3million. QQ.com has become China's most visited Internet portal website. PaiPai.com has also become China's second largest Internet shopping platform.

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SOURCE faceVsion Technology Inc.