LINK – POSSIBLE JOINT VENTURE WITH WWTT

Oslo, 9 April 2014. WWTT and Link Mobility Group ASA (“Link Mobility” or the “Company”) are in discussions regarding a possible joint venture between the parties. Through the planned cooperation, the parties intend to utilize Link Mobility’s technology in the Mobile Dialogue and Mobile Payment business area together with WWTT's fingerprint technology to establish new business opportunities in the Asian market. The parties expect to enter into a final agreement in the near future and will then provide more information regarding the possible cooperation when such agreement has been entered into.

Harald Dahl says - we have over the last weeks gotten to know the management team in WWTT and are very excited about the opportunity this represent for Link Mobility. We hope to be able to export our know-how and products to several markets in Asia. WWTT has been very successful in combining technologies to make killer solutions and products. We also consider WWTT’s interest for Link Mobility's technology to be a strong validation for the leading position we have when it comes to Mobilizing the business for companies. We welcome them as a large shareholder in Link Mobility.

Kelvin Wong, CEO of WWTT said,  “Our Group is pleased to partner with Link Mobility to deliver our leading edge solution which will transform the way secure payment information is exchanged over the internet.”

He added, “With our strategic mobile payment partnership together with Link Mobility’s technology, FingerQ will provide customers with a peace of mind in the e-payment process.”

WWTT is principally engaged in the manufacturing of a range of high-technology products; trading and providing services with respect to automation-related equipment; and strategic investment and development in technologies mainly relating to biometric security, high-speed wireless data transmission and communications. Since July 2013, the Group has expanded its biometric service offerings and launched the world’s first biometric fingerprint privacy protection platform and devices — FingerQ and PrivacQ — to strengthen its position as the leading provider of patented biometric security solutions.

please read more on http://www.wwtt.hk. 

WWTT is listed on the Hong Kong Stock Exchange

For further information, please contact Pearl Kwok ir@wwtt.hk