Press Release
Kingtone Wirelessinfo Solution Holding Ltd
Announces Chairman’s Share Purchases
Xi’an, China, September 21, 2010 - Kingtone Wirelessinfo Solution Holding Ltd ("Kingtone" or the "Company")
(Nasdaq: KONE), a leading China-based software and solutions developer focused on wirelessly enabling
businesses and government agencies to more efficiently manage their operations, today announced that the
Company’s Chairman, Tao Li, acquired 430,798 American Depositary Shares (ADSs), with each
ADS representing one Ordinary Share of Kingtone, from open market between September 9, 2010 and
September 17, 2010. Mr. Li’s increased his total beneficial holdings of Kingtone’s Ordinary Shares from
6,099,107 to 6,529,905, or 46.6% of the Company’s total outstanding shares.
Mr. Li stated, “I am very confident in the future of our company. Kingtone is committed to becoming the national
leading service provider of mobile technology development and value-added applications for China’s enterprises
and mobile users. Over the past quarters since our IPO, our dedicated management and employees have
continued to execute our strategy on delivering long-term sustainable growth. I firmly believe that Kingtone is well
positioned to capture significant growth opportunities as the mobile communications industry continues to exhibit
strong growth in China. I strongly expect that Kingtone will continue to deliver significant value to our
shareholders in the long term.”
About Kingtone Wirelessinfo Solution Holding Ltd
Kingtone Wirelessinfo Solution Holding Ltd (Nasdaq: KONE) is a leading China-based software and solutions
developer focused on wirelessly enabling businesses and government agencies to more efficiently manage their
operations. The Company's products, known as mobile enterprise solutions, extend a company's or enterprise's
information technology systems to include mobile participants. The Company develops and implements mobile
enterprise solutions for customers in a b