Property

Computime Launches Innovative Product under SALUS Brand

Breakthrough Solution to Traditional Issues in Underfloor Heating Systems

HONG KONG, Feb. 8, 2018 /PRNewswire/ -- Computime Group Limited ("Computime" or the "Company") (HK: 0320), continues to enhance its leadership in the underfloor heating control market with the launch of its unique product innovation, the Auto Balancing Actuator ("ABA"). The ABA, marketed under the SALUS trademark, is a patent pending product powered by innovative technology to tackle the problems associated with conventional actuators, thereby improving home comfort and heating efficiency. SALUS is Computime's own line of proprietary thermostatic controls, home automation and sensor products sold in Europe and North America.

In a standard underfloor heating system, hydronic balancing is a very difficult and laborious process, requiring installers hours of manual calibration work to achieve uniform heating throughout the home. The new ABA completely automates this process, making system balancing a simple and quick operation. Meanwhile, with a correctly balanced system, homeowners enjoy constant temperature in all areas of the home, while the underfloor heating suppliers will receive less service calls and complaints.

In addition, the ABA consumes only 0.5W compared to the 2-3W power usage of conventional actuators, providing homeowners with substantial power savings. With a very short response time of typically 30 seconds, the ABA is also able to heat up rooms significantly faster than conventional actuators that require 3 or more minutes to open or close. These benefits make the ABA a tremendously attractive product for both installers and homeowners alike.

Dr. King Owyang, Executive Director and CEO of Computime, commented, "We are very excited about the recent launch of the ABA in Europe as part of our SALUS portfolio. At Computime, we are committed to providing innovative, reliable and powerful solutions that enhance the lives of our customers. The ABA is the latest example of our commitment, offering a technologically advanced yet competitively priced solution to a long-standing issue in the underfloor heating sector. We are confident that this industry leading product will be positively received by the customers and open up sizeable market opportunities for us which were previously untapped. The ABA is one of the fruits of our R&D initiatives, and we will continue to invest in R&D to deliver more cutting-edge solutions to customers and create value for our shareholders."

About Computime Group Limited (http://www.computime.com/investors/)

Computime Group Limited (HK: 0320) is a global technology and manufacturing company headquartered in Hong Kong, with 14 offices and manufacturing sites in strategic locations around the world. Over the past 40+ years, Computime has worked with global brands to produce meaningful design and manufacturing solutions, as well as developed and launched innovative products under its own brand name. Offering much more than standard manufacturing services, Computime has established a broad portfolio of solutions. Through bespoke IP and sophisticated R&D, Computime helps its partners accelerate time-to-market, as well as launches industry-leading connected products under its SALUS brand. Computime has positioned itself at the forefront of technology, and is emerging as a market leader in the design and manufacturing of IoT and home automation products.

For further enquiries, please contact:

Computime Group Limited


Christensen China Limited

Carey Kwan


Brian Hon

Director - Investor Relations


Phone: 852-2117 0861

Phone: 852-2260 0455


Mobile: 852-6114 3457

Email: careykwan@computime.com


Email: bhon@christensenir.com