GlobeNewswire Inc | Jan 21, 2022 09:00AM EST

January 21, 2022

SANTA CLARA, Calif., Jan. 21, 2022 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (Nasdaq: BRQS, Borqs, or the Company), a global provider of 5G wireless solutions, Internet of Things (IoT) solutions, and innovative clean energy, with operations in the U.S., India and China, today announced that an interview with Executive Director of Finance & US Operations Anthony Chan will air on The RedChip Money Report on Bloomberg TV, Jan. 22, at 7 p.m. Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the United States.

The RedChip Money Report is produced by RedChip Companies Inc., an international Investor Relations and media firm with 30 years experience focused on Discovering Tomorrows Blue Chips Today. The RedChip Money Report" delivers insightful commentary on small-cap investing, interviews with Wall Street analysts, financial book reviews, as well as featured interviews with executives of public companies.

To view the interview segment, please visit:

https://youtu.be/X9Y63sWaHxk

About Borqs Technologies

Borqs Technologies is a global leader in software and products for the IoT, providing customizable, differentiated and scalable Android-based smart connected devices and cloud service solutions. Borqs has achieved leadership and customer recognition as an innovative end-to-end IoT solutions provider leveraging its strategic chipset partner relationships as well as its broad software and IP portfolio. Borqs unique strengths include its Android and Android Wear Licenses which enabled the Company to develop a software IP library covering chipset software, Android enhancements, domain specific usage and system performance optimization, suitable for large and low volume customized products. The Company is also currently in development of 5G products for phones and hotspots.

Borqs recently acquired controlling interests in a solar energy storage systems company in the U.S.

Forward Looking Statements and Additional Information

This press release includes forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from what is expected. Words such as expects, believes, anticipates, intends, estimates, predicts, seeks, may, might, plan, possible, should and variations and similar words and expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements relate to future events or future results, based on currently available information and reflect our managements current beliefs. Many factors could cause actual events or results to differ materially from the events and results discussed in the forward-looking statements, including the possibility that the revenues from business activities as described herein may not be reached or at all, and the negative impact of the COVID-19 pandemic on the Companys supply chain, revenues and overall results of operations, so the reader is advised to refer to the Risk Factors sections of the Companys filings with the Securities and Exchange Commission for additional information identifying important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements. Except as expressly required by applicable securities law, the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Company ContactSandra DouVice President of Corporate FinanceBorqs Technologies, Inc.sandra.dou@borq.net

Investor Relations Contact:

Dave GentryRedChip Companies Inc.1-800-RED-CHIP (733-2447)Or 407-491-4498Dave@redchip.com