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CALGARY, Alberta July 10, 2008 -- Zi Corporation (the "Company" or "Zi"), a leading innovator of
mobile discovery & advertising solutions, today announced the
signing of a contract with the Chinese telecommunications equipment
manufacturer, ZTE Corporation, for the delivery of
Decuma™ Chinese and English.
Zi is to receive royalties for units of products shipped using the Decuma software under this deal.
With sales of over $5 billion US dollars in 2007, ZTE plays an
important role in the international telecom community. It has
established strategic cooperation agreements with leading telecom
giants such as Portugal Telecom, France Telecom, Alcatel, Ericsson and
Nortel in NGN and mobile systems, with Hutchison in 3G, and with
Marconi in optical transmission systems. ZTE ships nearly 30 million
handset units (including mobile phones, data cards, modems, fixed
wireless terminals (FWT's), among others) per year.
Milos Djokovic, President and CEO of Zi Corporation, said "We are
delighted that ZTE has chosen our handwriting recognition solution in
addition to other Zi predictive text products. ZTE has one of the most
complete telecommunications product line in the world, covering
virtually every vertical sector of the wireline, wireless and terminal
markets, which coupled with Zi Corporation's comprehensive product and
language base, can certainly address ZTE's global market reach."
Adam Zhang, Director of Research and Development at ZTE
Corporation, said "With its independent and creative R&D capability
and customer-oriented and market-driven strategy, ZTE is capable of
developing and producing market-leading, first-class mobile
technologies. We are confident that Zi Corporation's Decuma handwriting
recognition solution will enable us to deliver new products with
reliable and accurate pen input capabilities, as well as enhance our
end users' experience."
About ZTE
Founded in 1985, ZTE Corporation has been listed as an A-Share
company on Shenzhen Stock Exchange since 1997. In December 2004, ZTE
was successfully listed on the Main Board of The Stock Exchange in Hong
Kong. ZTE recorded contract sales of approximately US$5 billion (RMB
34 trillion) in 2007.
About Zi Corporation
Zi Corporation is a leading provider of discovery and usability
solutions for Mobile Search, Input and Advertising. Zi Corporation's
suite of award-winning products offers innovative ways for mobile
operators to showcase new services and content to their subscribers,
while encouraging users to get the most out of their communication
devices.
Information Source: Marketwire
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