Comba Telecom And ASTRI Jointly Establish Research And Development Laboratory

04/26/2017:

(26 May 2016, Hong Kong) Comba Telecom Systems Holdings Limited (“Comba Telecom” or “the Group”, Hong Kong stock code: 2342), a global leading wireless solutions provider, today is pleased to announce it will jointly establish the ASTRI-Comba Joint Research and Development Laboratory, focusing on Smart City and Smart Home technologies.

At the signing ceremony, Mr. Simon Yeung, President of Comba Telecom Systems International Limited and Dr. Frank Tong, Chief Executive Officer (CEO) of ASTRI signed the collaboration agreement under the witness of Mr. Ming-yam Wong, BBS, JP, Chairman of the Board of Directors of ASTRI.

The agreement will facilitate an integrated and strategic cooperation between ASTRI and Comba Telecom to achieve the following objectives:

(i) Deepening research and development on the advanced technology in Smart City and/or Smart Home;

(ii) Exploring new application of the existing technologies in Smart City and/or Smart Home;

(iii) Developing new solutions and processes in the field of Smart City and/or Smart Home;

(iv) Talent cultivation for both parties.

Speaking at the ceremony, Mr. Ming-yam Wong of ASTRI said, “The Joint Lab marks a new milestone in our cooperation with Comba and together, we would move ahead to contribute our efforts in the transformation and betterment of Hong Kong and beyond with our Smart City and Smart Home technologies.”

Mr. Simon Yeung of Comba said, “As a listed company incorporated in Hong Kong, Comba Telecom strives to develop its global telecommunications business. Leveraging on this valuable cooperation opportunity with ASTRI, we believe that ASTRI’s professional expertise and Comba’s global business platform and R & D strengths will boost innovations in Smart city, as well as technology development in Hong Kong and global society which is in line with the government’s policy.”