June 16, 2011 – Guangzhou, China - Altair Semiconductor (www.altair-semi.com), the world's leading developer of ultra-low power, small footprint and high performance 4G LTE chipsets, announced today that its TD-LTE chipset, integrated in a USB dongle developed by AsiaTelco Technologies, achieved download speeds of more than 50Mbps and upload speeds of more than 18Mbps in a live over-the-air demonstration requested by executives from China Mobile during last week's NGMN (Next Generation Mobile Network) Alliance board meeting. As part of the executive demonstration, Altair's chipset provided high speed broadband internet service for meeting participants.

Altair which is shipping one of the first commercial TDD/FDD LTE chipsets in the market today has established a strong leadership position in the emerging TD-LTE market. The company's chipset has already demonstrated the highest performance of any other TD-LTE solution in India and Japan, and prior to last week's demo at the NGMN meeting, has completed several months of rigorous testing with China Mobile.

"The combination of AsiaTelco's strong product integration expertise and our field proven TD-LTE chipsets has allowed us to bring one of the first commercial grade TD-LTE solutions to market," said Eran Eshed, Co-Founder and VP of Marketing and Business Development at Altair Semiconductor. "Our customers not only benefit from a very mature and field proven TD-LTE solution, they also get to use the exact same chipset and software platform to serve FDD LTE markets – and in any LTE frequency band globally. This is an extremely valuable proposition which provides us with tremendous market traction."

"AsiaTelco is very grateful to China Mobile for providing us with the opportunity to demonstrate our first TD-LTE product," said Jason Ding, CEO of AsiaTelco Technologies Co. "Our partnership with Altair has provided us with the ability to offer LTE products to the market well ahead of our competition and we will continue to expand our LTE product portfolio based on Altair technology, as well as introduce additional products to our carrier customers this year."