Qiao Xing Universal Telephone, Inc. today announced it has secured an order from NAFT Corporation, one of the product suppliers of BellSouth, to purchase from XING a minimum of 50,000 sets of 2.4G cordless telephones per month.

All the telephones are to be exported for eventual supply to BellSouth under the trademark "BellSouth," and the first shipment has been scheduled for August 2004. It is expected that the order would bring revenue of US$15 million to Qiao Xing annually. According to Qiao Xing, its export of indoor telephones is going strong, rising 100% y-o-y, and total sales of indoor telephones for the current is expected to register a 60% increase over 2003.


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