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Sunday, January 30, 2005

Nam Tai Group Begins Manufacturing New Product DAB Modules for New Customer RadioScape

Nam Tai Group Begins Manufacturing New Product DAB Modules for New Customer RadioScape

HONG KONG, Jan. 31 /Xinhua-PRNewswire/ -- The parent company of J.I.C. Technology Company Limited ("J.I.C.") (HKEX Stock Code: 987) and Nam Tai Electronic & Electrical Products Limited ("NTEEP") (HKEX Stock Code: 2633) -- Nam Tai Electronics, Inc. ("Nam Tai") (or the "Company"), the New York Stock Exchange listed electronics manufacturing services provider, is pleased to announce that it has received a new customer order from RadioScape(R) Ltd. ("RadioScape"), one of the world leaders in Software Defined(TM) Solutions for Digital Radio applications, to build Digital Audio Broadcast ("DAB") modules.

DAB modules are designed into digital radio products such as home tuners, kitchen radios, in-car receivers, PCI cards, CD players, clock radios, boomboxes, midi-systems and hand-held portable devices.

"We are very pleased to be offered an opportunity to manufacture this new product, the DAB module for RadioScape. The addition of RadioScape as our new customer shows Nam Tai's success in further diversifying both of its product mix and customer base into the digital radio industry," said Mr. Joseph Li, Chief Executive Officer of Nam Tai. "We will continue our aggressive marketing strategies in the global electronics market to further expand our customer base. Coupled with our strong manufacturing technology know-how and continued expansion of state-of-the-art manufacturing facilities, we are well positioned for continuous growth in our range of products and services as well as our customer base."

About RadioScape

RadioScape(R) Ltd. is one of the world leaders in Software Defined(tm) solutions for Digital Radio applications. RadioScape simplifies the creation of wireless receivers and transmission infrastructure for digital radio, partners with Texas Instruments to create digital radio chips for consumer products, and designs its own family of DAB/FM modules including the RadioScape RS200(TM), RS200L(TM), RS201(TM), RS350A, RS300L and RS250H(TM). Founded in 1996, RadioScape's investors include Royal Bank Ventures, Atlas Venture, Scottish Equity Partners, JAFCO, Texas Instruments, Yasuda Enterprise Development, iGlobe Partners, Psion and NTL. RadioScape is headquartered in London, England with offices in Singapore and Hong Kong. For more information, please visit http://www.radioscape.com/ .

About J.I.C., NTEEP and Nam Tai Electronics, Inc.

J.I.C. is principally engaged in manufacturing and marketing of LCD panels and modules. NTEEP is a vertically integrated manufacturing services provider, its customers include world well-known brands of consumer electronics and communication products. Both are listed companies on the Stock Exchange of Hong Kong (Stock Codes are 987 and 2633 respectively). Their parent company Nam Tai Electronics, Inc. is listed on the New York Stock Exchange under the stock ticker symbol "NTE." Nam Tai Electronics is an electronics design and manufacturing service provider to many of the world's leading original equipment manufacturers, including Canon, Epson, Optrex, Seiko Instruments, Sharp, Sony, Sony Ericsson, Texas Instruments and others. It manufactures high-quality telecommunications products, linguistic products, calculators and components such as LCD panels, LCD modules, CMOS sensor modules, radio frequency modules and related modules. Nam Tai Electronics is the major shareholder of J.I.C. For more information about J.I.C., NTEEP and Nam Tai Electronics, please visit their websites at http://www.jic-group.com/ , http://www.namtaieep.com/ , and http://www.namtai.com/ respectively.

For more information, please contact:

Joyce Lam/ Marcus Keung
Tel: +852-2263-1014/2263-1022
Fax: +852-2263-1223
Email: joycelam@namtai.com.hk or marcus@namtai.com.hk

Web Sites: http://www.jic-group.com
http://www.namtai.com
http://www.namtaieep.com
http://www.radioscape.com


Source: Nam Tai Electronics, Inc.

CONTACT: Joyce Lam/ Marcus Keung of Nam Tai, +852-2263-1014/2263-1022,
or fax, +852-2263-1223, or joycelam@namtai.com.hk or marcus@namtai.com.hk


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