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Press Release on May 16, 2001
Q9 Technology Holdings Limited
Encouraging Share Performance on First-day Trading
Q9 Technology Holdings Limited ("Q9" or the " Company"; stock code : 8129), one of the leading technology companies in Hong Kong engaged in software and embedded systems development, announced today that Company's placing received satisfactory response.
Q9 Technology Holdings Limited ("Q9 Technology" or the "Company"; stock code: 8129) commenced trading on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited today. Shares of Q9 Technology hit an intraday high at HK$0.51 with approximately 182.32million shares transfer, and turnover of approximately HK$86.21million with an average price of HK$ 0.475, share price closed at HK$0.42.
Mr. Mark Leung, Chairman of Q9 Technology, said, "We are pleased shares of Q9 Technology were traded actively on the first trading day. Q9 Technology is in a rapidly growing industry, Q9 Technology will focus on the Greater China region and the Asian Market and will continue to negotiate or sign agreements with clients and strategic partners in different applications globally. Combining the efforts of our proactive and innovative technical and sales team, the group believes that numerous users of electronic devices can enjoy the advantages brought by Q9 operating systems. We will use the proceeds from the share offer to further expand our business, develop our products and services."
Company Background:
Q9 Technology Holdings Limited is one of the leading technological companies in software and embedded systems development. The Company's principal technological innovation is its "matrix mapping system" for inputting language and other data and operating the functions and features of small and medium sized electronic devices. Its proprietary flagships product Q9 CIS, is the first character based language system to be developed using the "matrix mapping system" for inputting Chinese characters. It revolutionized the traditional keyboard typing inputting method into the use of a simple nine-key numeric keypad - same as telephone keypad.
For further information, please contact:
Q9 Technology Holdings Limited
Nicole Pang
| Tel | : 2520 2226 |
| Fax | : 2520 0550 |
| : info@q9tech.com | |
| Website | : www.q9tech.com |
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