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Press Release -- December 21st, 2012
Source: Comba Telecom

Comba Telecom and SINOSURE Sign a Strategic Collaboration Insurance Agreement Enables Smooth Expansion of Comba’s Global Business

21 December 2012 – Hong Kong) – Comba Telecom Systems Holdings Limited (“Comba Telecom” or “the Group”, Hong Kong stock code: 2342), a leading global wireless enhancement solutions provider, announced that it has signed a strategic collaboration agreement (“the Agreement”) with the Guangdong branch of the China Export & Credit Insurance Corporation (“SINOSURE”). SINOSURE will provide a comprehensive service support package for Comba Telecom including credit management, credit risk protection, overseas investment insurance and consultation service, facilitating the Group to steadily expand its global business.

SINOSURE is a state-owned insurance company in China. Pursuant to the Agreement, SINOSURE will provide short-term export credit insurance, domestic trade credit insurance, overseas investment insurance, export business support for specific regions, medium-and-long-term export credit insurance, and financing facilities for the above insurance types.

Mr Tony TL Fok, Chairman of Comba Telecom, said, “We are very pleased to enlist SINOSURE as our strategic partner. This strategic alliance is a recognition of Comba’s excellent reputation, healthy capital position and prudent financial management, as well as their confidence in the Group’s prospects. The collaboration with SINOSURE does not only ensure the reliable performance of our global business operations, but also accelerates the development of our global business and enables us to capture new opportunities.”

Mr Chen Lian Cong, General Manager of SINOSURE (left) and

Mr Tony TL Fok, Chairman of Comba Telecom (right)

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