NQ Mobile and MTS Announce New White Label Agreement

BEIJING and DALLAS – Nov. 11, 2014 –NQ Mobile (NYSE: NQ), a leading global provider of mobile Internet services, has reached an agreement with Mobile Telesystems OSJC (“MTS”), the largest mobile operator in Russia and the 8th largest telecommunications brand worldwide, to make NQ Mobile Vault available to MTS subscribers through a wide ranging “White Label” agreement.  MTS will promote and distribute the product through pre-load, SMS and social network campaigns, as well as direct at point-of-sale and app store availability.  The collaboration significantly increases the global availability of NQ Mobile’s award-winning mobile privacy product.

“MTS, with its best-in-class networks, market-leading retail platform and the largest mobile subscriber base in Russia and the CIS is an ideal partner for NQ Mobile,” stated Calvin Cai, General Manager of Overseas Development, NQ Mobile.  “We are delighted to begin our relationship by providing our leading mobile privacy solution, NQ Mobile Vault™, to MTS’ exciting family of branded handsets and smartphones and look forward to potentially collaborating on additional opportunities in the near future.”

With approximately 60 million subscribers, and a retail network comprised of approximately 4,000 stores at the end of 2013, MTS is the largest mobile operator in Russia.  Globally, MTS is currently the 8th largest telecommunication brand in the world supported by 102.4 million subscribers.

NQ Mobile Vault, launched in 2012 is available on both Android and iOS platforms. It ensures users’ digital privacy through active control and on-device encryption of content and communication including contacts, call logs, SMS, pictures and videos.  NQ Mobile Vault for Android and has become a top app on Google Play with millions of downloads and an average user rating of 4.4 out of 5 stars.

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