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T-Bay Holdings Inc. to set up Tech-Support Center in Shenzhen

    SHANGHAI, China, Jan. 22 /Xinhua-PRNewswire-FirstCall/ -- T-Bay
Holdings Inc. (OTC Bulletin Board: TBYH) today announced that Sunplus
Shenzhen Tech- Support Center will be established in February to provide
more convenience and prompt service to our customers.
    The Center, located in NongYuan Street, FuTian District, will take up
approximately 125 square meters. It's expected it will house 25-30
engineers, half of whom will come from Shanghai and balance from Shenzhen.
Preparations have been underway as scheduled.
    Xiaofeng Li said, ''More than half of our customers, both in terms of
number and sales revenue, manufacture in Shenzhen and the nearby region,
which is a traditional electronics manufacturing center in China. We
believe it is necessary to set up a Tech-Support Center in Shenzhen to
support the fast growth of our design service business. We expect the
establishment of the Tech-Support Center in Shenzhen will enable us to
provide prompt services to our existing customers and attract new customers
in the near future.''
    About T-Bay Holdings Inc.
    T-BAY conducts its mobile phone design business through its 95% owned
subsidiary, Shanghai SunPlus Communication Technology Co., Ltd.
("SunPlus"). Established in October 2002, SunPlus is a Sino-foreign joint
venture providing total solution and full-range design services to leading
mobile handset brand owners in China. The broad spectrum of services that
SunPlus provides include overall product design, mechanical design, module
architecture design, software design, prototype production, product
testing, manufacturing and after-sale technical support. The Company
currently has a staff of 160, comprised mostly of engineers and software
programmers.
    SunPlus develops its mobile phone modules based mainly on the chipset
platform provided by SKYWORKS. Currently, major customers of SunPlus
include CECT, Panda Electronics and Siemens Mobile.
    SunPlus was jointly formed by Wise Target International Limited, Amber
Link International Limited and Shanghai Fanna Industrial Product Design
Co., Ltd. Wise Target and Amber Link are 100% subsidiaries of T-BAY
Holdings, Inc. and they altogether hold 95% shareholding in SunPlus.
    Safe Harbor Statement Under The Private Securities Litigation Reform
Act of 1995:
    The statements in the press release that relate to the company's
expectations with regard to the future impact on the company's results from
new products in development are forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. The
results anticipated by any or all of these forward-looking statements may
not occur. Additional risks and uncertainties are set forth in the
Company's filings with the Securities and Exchange Commission. The Company
undertakes no obligation to publicly release the result of any revisions to
these forward-looking statements that may be made to reflect events or
circumstances after the date hereof, or to reflect the occurrence of
unanticipated events or changes in the Company's plans or expectations.
    For more information, please contact:

     Jack Zeng
     Tel:   +86-135-0228-9836
     Email: zeng888888@hotmail.com

     Philip Wang
     Tel:   +86-21-2402-8587
     Email: philipw@SunPluschina.com.cn

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