First Quarter 2012 Highlights:

Revenue increased 55.1% over same quarter last year to $ 90.9 million from $ 58.6 million
Net income was $ 0.6 million compared to net income in same quarter
last year of $ 1.8 million and net loss of -$ 2.0 million from the fourth
quarter of 2011.Net income in Q1 2012 was lower compared to the same quarter last year
because we took on highly competitive EMS orders so that we can retain
the customers for better margin businesses in the future.
In Q1 2012 we sold 1,750,000 whole phones with 375,000 units being
Leimone brand phones; 278,000 of the Leimone phones were 3G handsets. In
Q1 of 2011 we sold 810,000 whole phones with 190,000 units being
Leimone brand phones; 30,000 units of the Leimone phones were 3G
handsets.Sales of our own brand products in Q1 2012 represented $ 28.1 million
or 31.0% of revenues compared to $ 13.4 million or 22.9% of revenues a
year ago.
Portables Unlimited, our distribution business
in the U.S., contributed $ 16.1 million, or 17.7% of our revenues; $ 6.8
million were attributable to sale of phones and accessories, and $ 9.3
million were generated from activation and reoccurring carrier service
fees.

Zoom Technologies, Inc. (Nasdaq:ZOOM) a leading China-based
manufacturer of mobile phones and other mobile electronic products,
today reported financial results for the first quarter ended March 31, 2012.

For the first quarter of 2012, Zoom generated net revenue of $ 90.9
million, up 55.1% over $ 58.6 million for the first quarter 2011; this
seasonally slow quarter was down $ 48.1 million, or 34.6% from $ 139.0
million in the fourth quarter of 2011.  The jump in revenues in Q1 of
2012 as compared to the same period in 2011 was mainly due to increased
sales of whole handsets with particular emphasis on our own brand
Leimone products and the addition of Portables Unlimited that Zoom
partially acquired in October 2011. Sale of Leimone phones contributed
$ 28.1 million, or 31.0% of our Q1 2012 revenues. We also derived $ 16.1
million or 17.7% of our revenues from our New York based subsidiary,
Portables Unlimited LLC, which is a wholesale distributor of T-Mobile
USA products and services.

Mr. Lei Gu, Chairman & CEO of ZOOM, provided the following insight.
“The continued growth in the sales of our Leimone brand phones in 2012
is a testament to the strength in our vertically integrated business
model that includes design, manufacturing, and distribution.  We will
continue to put our efforts in developing both the Leimone and ZOOM
brands by designing high quality reliable products coupled with
extensive post-sales support to both our customers and the ultimate end
users of our products. Our ability to provide integrated solutions to
our customers has and will enable us to gain market share and secure
contracts with tier one global customers such as mobile phone carriers or the largest distributors in countries across the developed and developing world.”

For the first quarter of 2012, Zoom reported a net income of $ 0.6
million compared to net loss of $ 2.0 million in the fourth quarter of
2011. The fourth quarter of 2011 showed a tight credit environment that
weighed on the profitability of the manufacturing business and the
Company had one-time acquisition expenses; however, the Company has
returned to profitability again in the first quarter of 2012, and
expects a steady upward trend for the rest of 2012. The Company is
currently carrying out two internal initiatives: 1) rationalize all of
its costs, and 2) continue to integrate the different businesses to
maximize profitability and eliminate inefficiencies.