High Tech Wealth Chooses Microsoft Software Platform for Handheld Devices

BEJING, May 16, 2001 — Today High Tech Wealth (HTW) and Microsoft Corp. announced they have agreed design and develop a line of wireless personal digital assistants (PDAs) based on the Microsoft® Pocket PC software platform. HTW, the leading manufacturer in China of handheld electronic devices plans to expand its highly successful line of product with a number of devices based on Microsoft software, and plans to release its first product in 2nd quarter of 2002.

The new product that High Tech Wealth plans to ship will enable a richer user experience for wireless Internet connection, new data services, including secure corporate and Web access, access to e-mail, continually updated personal information manager (PIM) information, and multimedia capabilities.

“We feel it is a great combination–the leading software company in the world with the leading China manufacturer on PDA,”
said Mr. Zhang Zhengyu, the president of HTW,
“we believe wireless Pocket PC is the best solution for future PDA. To be the partner with Microsoft on Pocket PC will bring us more success.”

“We’re incredibly impressed with the products HTW has developed, and look forward to seeing their next generation’s products built on Microsoft Mobile software,”
said Juha Christensen, vice president of marketing for the Mobility Division Microsoft.
“The upcoming HTW devices will provide functionality that can’t be matched — from Microsoft mobility services and Mobile Outlook® capabilities to secure Web access.”

About Microsoft and HTW Solutions

Building on its experience and innovation in handheld devices space, HTW is working with Microsoft to deliver a next-generation devices built on Microsoft Mobile Software. HTW’s target customers are all the PC users that needs to check, use information anytime, anywhere.

About HTW

Found in Oct. 1998, High Tech Wealth (HTW) is the leading PDA manufacture in China which has more than 60% marketing share. The company provides a wide range of PDA devices designed to empower people through new mobile technology.

About Microsoft

Founded in 1975, Microsoft (Nasdaq
) is the worldwide leader in software, services and Internet technologies for personal and business computing. The company offers a wide range of products and services designed to empower people through great software — any time, any place and on any device.

Microsoft, Outlook, Mobile Explorer and Windows are either registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

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