BNY Mellon appointed as Depositary Bank by Kingtone Wirelessinfo Solution Holding Ltd

May 20, 2010

NEW YORK / HONG KONG, 20 May 2010 — BNY Mellon, the global leader in asset management and securities servicing, has been selected by Kingtone Wirelessinfo Solution Holding Ltd. (Kingtone) as the depositary bank for its American depositary receipt (ADR) program. Each Kingtone Wirelessinfo ADR represents one ordinary share and trades on the NASDAQ Capital Market under the symbol "KONE".

Kingtone is a China-based software and solutions developer focused on wirelessly enabling businesses and government agencies to more efficiently manage their operations. Kingtone's mobile enterprise solutions extend a company's or enterprise's information technology, or IT, systems to include mobile participants. The company also develops and implements mobile enterprise solutions for customers in a broad variety of sectors and industries, to improve efficiencies by enabling information management in wireless environments. At the core of Kingtone's many diverse packaged solutions is proprietary middleware, which enables wireless interactivity across many protocols, devices, and platforms.

"We are excited to tap into U.S. investor interest by establishing this DR program," said Mr. Tao Li, chairman of Kingtone Wirelessinfo. "We are particularly confident that BNY Mellon, as the world's leading depositary bank, has the global expertise, institutional stability and personal touch to support our secondary market initiatives and any future capital-raising plans," added Peng Zhang, Kingtone's chief executive officer.

"This is the fifth Chinese company we have helped raise capital in DR form so far this year," said Michael Cole-Fontayn, chief executive officer of BNY Mellon's Depositary Receipts business. "Kingtone's mobile enterprise solutions present a compelling story in the context of China's rapid 3G wireless rollout. We look forward to working with Kingtone's management team to increase their recognition and access to the U.S. investment community, drawing on our industry-leading and global resources."

BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $22.4 trillion in assets under custody and administration, $1.1 trillion in assets under management, services $11.8 trillion in outstanding debt and processes global payments averaging $1.5 trillion per day. Learn more at www.bnymellon.com.

This release is for informational purposes only. BNY Mellon provides no advice nor recommendation or endorsement with respect to any company or securities. Nothing herein shall be deemed to constitute an offer to sell or a solicitation of an offer to buy securities. Depositary Receipts: Not FDIC, State or Federal Agency Insured; May Lose Value; No Bank, State or Federal Agency Guarantee.