Forward-looking statements involve risks and uncertainties some ofwhich are not currently known to us

Forward-looking statements involve risks and uncertainties, some ofwhich are not currently known to us. Forward-looking statements includereferences to Portfolio Recovery Associates’ presentations and web casts.The forward-looking statements in this press release are based uponmanagement’s beliefs, assumptions and expectations of the Company’s futureoperations and economic performance, taking into account currentlyavailable information These statements are not statements of historicalfact. PortfolioRecovery Associates also provides a broad range of collection services,including revenue administration for government entities through its RDSand MuniServices businesses, and collateral-location services for creditoriginators via IGS.Statements herein which are not historical, including Portfolio RecoveryAssociates’ or management’s intentions, hopes, beliefs, expectations,representations, projections, plans or predictions of the future,including statements with respect to future contributions of IGS, RDS andMuniServices to earnings and future portfolio-purchase opportunities, areforward-looking statements within the meaning of Section 27A of theSecurities Act of 1933, as amended, and Section 21E of the SecuritiesExchange Act of 1934, as amended. The Company’s primarybusiness is the purchase, collection and management of portfolios ofdefaulted consumer receivables.

These are the unpaid obligations ofindividuals to credit originators, which include banks, credit unions,consumer and auto finance companies, and retail merchants. The link will beaccessible at approximately 3:00PM EDT on the day of the conference. Thereplay will be available immediately after the presentation is completedand will remain available for 30 days.About Portfolio Recovery Associates, Inc.Portfolio Recovery Associates is a full-service provider of outsourcedreceivables management and related services. During the course of thisevent, Portfolio Recovery Associates may disclose material developmentsaffecting its business and/or financial performance.A link to the live audio web cast of the presentation as well as theinvestor slide presentation will be provided on the Investor Relationspage of Portfolio Recovery Associates’ website at, under Event Calendar. NORFOLK, VA, May 19 (MARKET WIRE) — Portfolio Recovery Associates, Inc. (NASDAQ: PRAA), a company thatpurchases, collects and manages portfolios of defaulted consumerreceivables and provides a broad range of accounts receivable managementservices, announced today that Steve Fredrickson, CEO, and Neal Stern,COO – Owned Portfolios, will be making a presentation to the investmentcommunity at the JMP Securities Research Conference to be held in SanFrancisco, CA on Wednesday, May 20, 2009. 160.CONTACTS:In China:Jay JiChina Techfaith Wireless Communication Technology LimitedTel: n the U.S.:David PasqualeGlobal IR PartnersTel: +1 Copyright 2009, Market Wire, All rights reserved.-0-.

SFAS 160,which was retrospectively applied, requires noncontrolling interests tobe separately presented as a component of stockholders’ equity on theunaudited condensed consolidated financial statements.(4) March 31, 2008 and December 31, 2008 balances were extracted from theform 6-K for the quarters ended March 31, 2008 and December 31, 2008respectively, as adjusted resulting from the adoption of Statement ofFinancial Accounting Standards No. 160.Revenue Breakout 1Q08 2Q08 3Q08 4Q08 1Q09 ——– ——– ——– ——– ——–Handset designDesign fees$3,264 $4,656 $1,051 $6,517 $186Royalty$534 $277 $166 $181 $-Components sales related to design$731 $520 $544 $465 $469Service income $ 35 $164 $ 13 $5 $-Product salesSmart phone$ 18,123 $ 26,979 $ 29,367 $ 25,483 $ 27,186Feature phone$ 23,156 $ 22,774 $ 18,525 $ 17,880 $ 20,190Wireless module$3,752 $1,220 $1,035 $1,324 $639Other components $- $- $109 $- $- ——– ——– ——– ——– ——–Total net revenues $ 49,595 $ 56,590 $ 50,810 $ 51,855 $ 48,670 ======== ======== ======== ======== ========CHINA TECHFAITH WIRELESS COMMUNICATION TECHNOLOGY LIMITEDUNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(In Thousands of U.S. SFAS160, whichwas retrospectively applied, requires noncontrolling interests to beseparately presented as a component of stockholders’ equity on theunaudited condensed consolidated financial statements.(2) Amounts were extracted from Form 6-K for the quarter ended March31,2008 and for the quarter ended December 31, 2008, as adjusted resultingfrom the adoption of Statement of Financial AccountingStandards No. Anumber of important factors could cause actual results to differmaterially from those contained in any forward-looking statement.Potential risks and uncertainties include, but are not limited to, thoserisks outlined in TechFaith’s filings with the U.S.

Securities andExchange Commission, including its annual report on Form 20-F. TechFaithdoes not undertake any obligation to update any forward-lookingstatement, except as required under applicable law.CHINA TECHFAITH WIRELESS COMMUNICATION TECHNOLOGY LIMITEDUNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(In Thousands of U.S. Securities and ExchangeCommission on Forms 20-F and 6-K, etc., in its annual report toshareholders, in press releases and other written materials and in oralstatements made by its officers, directors or employees to third parties.Statements that are not historical facts, including statements aboutTechFaith’s beliefs and expectations, are forward-looking statements.Forward-looking statements involve inherent risks and uncertainties. Among other things, the business outlookand strategic and operational plans of TechFaith contain forward-lookingstatements. TechFaith may also make written or oral forward-lookingstatements in its periodic reports to the U.S. These forward-looking statements can beidentified by terminology such as “will,” “expects,” “anticipates,”future,” “intends,” “plans,” “believes,” “estimates,” “confident,”"outlook” and similar statements.

These statementsare made under the “safe harbor” provisions of the U.S Private SecuritiesLitigation Reform Act of 1995. Three massive multiplayer onlinerole-playing games (MMORPGs) are planned to launch in 2009 for online PCusers on 16 titles are planned to launch in June formobile gamers on the company’s Chinese mobile games website Harbor StatementThis announcement contains forward-looking statements. One Net Entertainment is leveraging anintegrated model of using a combination of self-developed as well asco-developed and licensed content, as such strategy is designed to help itlaunch games faster and more efficiently. TechFaith engages in the development and production ofmiddle to high end handsets and tailor made handsets. One Net Entertainment is targeting both the mobile andonline PC gaming markets through its websites and, respectively.