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Hong Kong (24 June 2004) - Champion Technology
Holdings Limited (SEHK: 092) and its technology partner Tiger (Telematics
In-car Global Engineering Research)
International Japan Limited today gave a demonstration of an innovative
automotive solution that prevents drunk drivers from starting their
vehicles if they are over the legal alcohol limit. The partners
hope that the new device will be made mandatory for drunk driving
prevention, and will become a standard feature in all existing and
new vehicles.
i-KEY
is a down-to-earth technology solution integrated into the car
key, without modification of the vehicle or installation by qualified
technicians. This is a major technological breakthrough, making
i-KEY the
world's first drunk-driving prevention device which is independent
of the body of the vehicle, thereby enabling all existing cars
to be duly equipped in a ready and convenient manner. Worldwide
invention patents for this innovative key have been applied
and are pending.
i-KEY
is remarkably simple to use. It integrates a breath analyzer
to any car key and can function regardless of the age and model
of the vehicle. The key has a protruding interlock that blocks entry
to the ignition and retracts once a breath sample under the legal
limit has been analysed.
i-KEY
is the world's first working car key device for drunk-driving
prevention, and has been tested extensively on a wide range
of vehicles. It combines sensors, electronics, computing, telematics,
RF, and micro-motor technologies that are capable of being integrated
into a car key for testing the driver's alcohol level. The driver
needs only to blow into a small mouthpiece on the side of the i-KEY
to get the "green light" to start the car engine.
If the alcohol level exceeds the legal limit, a red light will show
and the interlock will disable the car key.
According to Paul Kan, Chairman of Champion Technology
Group and Champion In-car Telematics, the Group's technology
solutions provider for automotive applications, "Dangerous
driving is devastating, and getting drunken drivers off the road
is of paramount importance. Existing in-car interlock devices, though
effective in preventing drunk-driving, all involve major modifications
to the car body and require installation by qualified technicians.
i-KEY , on the other
hand, can be replaced readily and provides the same protection at
a fraction of the cost of modifying a car."
Paul Kan added, "The cost of drunk-driving
related accidents to society is huge. In some places, alcohol accounts
for about 40% of all fatal crashes. We are offering this device
because we believe that people don't always know when they are fit
to drive or when they are over the safety-limit, particularly after
a big party. The beauty of the key is that it helps monitor the
safe alcohol level of the driver, and assists the driver in making
a sensible and responsible decision on his own ability to drive."
"Defending Intellectual Property Rights is
our Top Priority," Mr Kan emphasised. "We will defend
our patents, design and software copyright vigorously. The key is
a product that will affect the lives of people, and for which we
have spent a lot of time and resources to develop and test. Imitators
do not have the experience gained through the long process of development
and research. A lookalike key hence is not in a position to benefit
from the many pitfalls encountered during lengthy testing processes.
Such imitations will not only affect our investors' ability to recover
their investments, it will also erode our continuing R&D resources.
It can also be dangerous for the users. Any copied products will
affect the confidence of the market and slowdown adoption. Our roads
may therefore not be as safe as they should be, and innocent lives
would be lost. Hence we will not spare any effort to go after infringements
of our intellectual property rights. Currently we have built up
a war-chest of $800 million cash which should be sufficient if any
such legal battle is to be fought. In the event of further cash
requirements for legal proceedings, we have support from our shareholders
to raise additional funds to meet this need."
As of today, Champion In-car Telematics has formed
a global alliance to market and manufacture the innovative key,
initially covering the markets of China, Japan, Korea, Asia, Europe,
North America, South America, New Zealand and Australia. In order
to ensure a widespread global distribution of the drunk-driving
prevention key, as well as to promote healthy competition among
the global suppliers, the key will be marketed initially under the
two labels of i-KEY (intelligence
and insurance) and d-KEY
(drunk-driving prevention). Current approved suppliers include
5 listed companies in Hong Kong: Champion Technology, Digital Hong
Kong, Group Sense, Kantone Holdings, and Wonderful World. The others
are: Alcohol Sensor Limited, Alcoholkey Inc., Beijing Greatwall
Digital Technology Limited, Ideas Technologies Limited, Kantone
Telecommunications, Inc. (U.S.A.), Kantone (UK) Limited, Multiton
Elektronik GmbH, Multitone Electronics PLC, Multitone Eletrônica
Limitada, New Atlantic International Limited, Tiger International
Japan Limited and Tiger International Limited
All of them are community minded companies and many of them are
either members, sponsors or technology partners of International
Drunk Driving Prevention Association (IDDPA.com), Drunk Driving
Prevention Organisation (DDPO.org) and Breathalyser (Breathalyser.org).
Japan will be the first market to officially launch
the i-KEY, which is
expected to be around the fourth quarter of 2004.
About Champion Technology (stock code 092)
Champion Technology (www.championtechnology.com)
is a global technology group offering innovative solutions in the
areas of communications software, wireless, e-commerce, security,
and telematics. The Group's solutions are dedicated to bettering
the lives of people, preventing accidents, and saving lives, and
these include software-enhanced wireless messaging, radio products
and systems, as well as networking and Internet access products
for customers, network operators, and commercial, government and
industrial customers.
With total assets of $4.8 billion, the Group has
a presence in more than 50 countries through a network of regional
offices and distributors, and it includes 3 Hong Kong listed companies
and a former London listed company. Champion Technology Holdings
Limited has a primary listing on The Stock Exchange of Hong Kong
Limited.
About Champion In-car Telematics
Champion In-car Telematics (www.championit.com)
is a division of Champion Technology, and is involved in the distribution
and promotion of innovative safe-driving solutions. It has invested
in a number of in-car telematics projects including alcohol control
systems, vision enhancement systems, pedestrian monitoring systems,
and route information systems.
About Tiger International Japan Limited
Tiger International (www.tigerint.com)
(Telematics In-car Global
Engineering Research) is involved in
the research and development of vehicle safety electronics, including
Alcohol Control Systems and Pedestrian Monitoring Systems. It is
the subsidiary of New Atlantic International Limited, whose principal
business is investments in design, development, and licensing of
intellectual property rights relating to in-car safety electronics.
New Atlantic is backed by international investors which include
major financial institutions and technology companies, with combined
total assets in excess of Yen 175 billion.
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Please direct your enquiries to:
Champion Technology Holdings Limited
Corporate and Public Affairs Division
Tel: 28969320 Fax: 25583111 Email: ir@championtechnology.com
Web Site: http://www.championtechnology.com
For details of d-key & i-KEY, please visit:
www.d-key.com
& www.tigerint.com
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