BEIJING, March 1, 2018 /PRNewswire/ -- Link Motion
Inc. ("Link Motion" or the "Company")
(NYSE: NQ), a leading smart car and smart ride company, has
appointed Mr. Duo Tang as executive vice president and the head of
the Company's smart ride business.
Mr. Duo Tang is a renowned strategist in the Chinese IT market,
where he has successfully overseen the Chinese expansion of major
technology firms. Initially spending 16 years in high-level
strategic roles at IBM's Department of Systems, Science and
Technology in Western China, he
later joined Microsoft, where he was most recently the general
manager of Microsoft's licensing program in China. Prior to that, he was Microsoft's
general manager of operations. At Microsoft, he pioneered the
company's strategic development efforts in the Chinese market,
specifically within the licensing, IoT and cloud services
verticals.
"We have been preparing our organization, our business
strategies, and an industry ecosystem for the future with Link
Motion," stated Dr. Vincent Wenyong
Shi, Chairman of Link Motion. "The appointment of Mr. Duo
Tang as executive vice president and head of Link Motion's smart
ride business is a strategic part of our continued initiative to
transform the ridesharing industry in China. His leadership experience in the IT
industry, most notably as the general manager of Microsoft's
China operations, will be a
valuable asset as we build our smart ride business in the Chinese
market."
"I have always embraced the confidence and love for China's development in recent decades and am
excited to leverage my 20 years of entrepreneurial spirit and
creativity, as well as my deep understanding of China's economy and commerce to assist Link
Motion with one of the most transformative technology platforms I
have ever seen," said Mr. Duo Tang. "The upcoming launch of Link
Motion's smart ride business will not only improve China's carbon footprint but will also expand
its global economic development."
Link Motion's smart ride business will link passengers and
riders together by utilizing smart cars which will ultimately be
powered by Link Motion's CarBrain platform. This ride sharing
business will provide riders with a differentiated set of services
and applications in a connected and intelligent "Smart Space"
service and car. The Company's mission will be to help passengers
enjoy their riding time by smart space services and
passenger-centric smart cars. This smart ride service will be
rolled out during the summer of 2018.
About Link Motion Inc.
Link Motion Inc. ("Link Motion" or
the "Company") (NYSE: NQ) is a leading smart car and
smart ride company. Link Motion's portfolio of offerings
includes enabling technology solutions and secure connected
carputers for the ecosystem of car businesses, consumer ride
sharing services, as well as legacy mobile security, productivity
and other related applications. For more information
on Link Motion, please visit www.lkmotion.com.
Forward-Looking Statements
This news release contains "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, and as defined in the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements can be
identified by terminology such as "will," "expects," "anticipates,"
"future," "intends," "plans," "believes," "estimates" and similar
statements. All statements other than statements of historical fact
in this press release are forward-looking statements and involve
certain risks and uncertainties that could cause actual results to
differ materially from those in the forward-looking statements.
These forward-looking statements are based on management's current
expectations, assumptions, estimates and projections about the
Company and the industry in which the Company operates, but involve
a number of unknown risks and uncertainties. Further information
regarding these and other risks is included in the Company's
filings with the U.S. Securities and Exchange Commission. The
Company undertakes no obligation to update forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations, except as may be required by law.
Although the Company believes that the expectations expressed in
these forward-looking statements are reasonable, it cannot assure
you that such expectations will turn out to be correct, and actual
results may differ materially from the anticipated results. You are
urged to consider these factors carefully in evaluating the
forward-looking statements contained herein and are cautioned not
to place undue reliance on such forward-looking statements, which
are qualified in their entirety by these cautionary statements.
Media & Investor Relations
MZ North America
Chris Tyson
Managing Director
949-491-8235
LKM@mzgroup.us
www.mzgroup.us
Luke Zimmerman
Senior Associate
949-259-4987
LKM@mzgroup.us
www.mzgroup.us
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SOURCE Link Motion Inc.