Vtion Wireless Technology AG: Professor Shu Huaying appointed to the Supervisory Board

Vtion Wireless Technology AG / Key word(s): Change of Personnel

22.10.2012 / 11:04

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Frankfurt, 22 October 2012. Vtion Wireless Technology AG, one of the
leading suppliers of wireless data solutions for mobile computing in China,
announces the appointment of Professor Shu Huaying (67) to its six-member
Supervisory Board.

Professor Shu Huaying was appointed as a new member of Vtion's Supervisory
Board by the local court in Frankfurt on the Main, Germany. He is a
professor at the Beijing University of Posts and Telecommunications. He is
also the director of the University's Service and Management Technology
Institute. Outside of his roles at the Beijing University, Professor Shu
Huaying belongs to the committee of the Ministry of Industry and IT, along
with other Telecommunication and Economic Experts. He is further involved
in the committee of Industrial Engineering at the Institute of Electronics
and of the China Institute of Communications. In addition, Professor Shu
Huaying is Director of the Chinese Society for Optimization, Overall
Planning and Economic Mathematics.

'I am proud to have known Professor Shu Huaying for a long time and I am
confident he will be an excellent addition to our Supervisory Board,'
states Vtion CEO Chen Guoping. 'Our nomination committee has done an
excellent job in seeking and evaluating new candidates. Their top priority
was to add someone to the Board capable of aiding in Vtion's strategic and
business development, and they have been successful with Professor Shu
Huaying.'

Vtion's Supervisory Board
Vtion's Supervisory Board now consists of six members. Original members are
Chairman Norbert Quinkert, Vice Chairman Yang Hua, Wang Ning, Liu Yangsheng
and Volker Potthoff. Professor Shu Huaying will replace Qian Yingyi, who
resigned from the Board on 16 July 2012. The nomination committee will now
be disbanded, given that it has finished its intended purpose. The Strategy
Committee, consisting of Committee Chairman Volker Potthoff, Yang Hua and
Norbert Quinkert, will continue to work in close cooperation with the
Management Board in order to assist the company in formulating a
comprehensive long-term strategy. The term of all six Vtion Supervisory
Board members, including Professor Shu Huaying, will run until the
company's annual general meeting, taking place in June 2013.

Upcoming Events
Vtion will present at the German Equity Capital Markets Forum on Monday,
November 12 at 1.30 p.m. in Room London. The company will also release its
full Q3 Interim Report on Wednesday, November 28.

About Vtion
The Vtion Group is a leading supplier of wireless computing solutions and
products for mobile Internet access via broadband wireless networks in the
People's Republic of China. The company offers tablet PC products and
support services through its mobile intelligent terminals business segment,
including both to the consumer market and industry-specific clients.
Through its wholly owned subsidiary, Vtion Anzhuo, the company offers
online applications for the Android operating system. For 2011, the company
reached sales revenues of EUR 77 million with an EBIT margin of 10.3%.
Vtion Wireless Technology AG shares are being traded in the Prime Standard
on the Frankfurt Stock Exchange with the ISIN DE000CHEN993. The company's
ticker symbol is V33.

For further information, please contact:
Kirchhoff Consult AG
Dr Kay Baden
T +49 40 60 91 86 39
F +49 40 60 91 86 16
E baden@kirchhoff.de


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Language:    English                                               
Company:     Vtion Wireless Technology AG                          
             Westhafenplatz 1 (Westfalen Tower)                    
             60327 Frankfurt                                       
             Germany                                               
Phone:       +49 69 710 456 245                                    
Fax:         +49 69 710 456 248                                    
E-mail:      ir@vtion.de;yasmin.yaqub@kirchhoff.de                 
Internet:    www.vtion.de                                          
ISIN:        DE000CHEN993                                          
WKN:         CHEN99                                                
Listed:      Regulierter Markt in Frankfurt (Prime Standard);      
             Freiverkehr in Berlin, Düsseldorf, Hamburg, München,  
             Stuttgart                                             
 
 
End of News    DGAP News-Service  
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