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Sky-mobi Limited Announces Departure of Vice President of Development & Engineering

Sky-mobi Limited Logo

HANGZHOU, China, Dec. 4, 2012 (GLOBE NEWSWIRE) -- Sky-mobi Limited ("Sky-mobi" or the "Company") (Nasdaq:MOBI) a leading mobile application store and mobile social network community operator in China, today announced the departure of Dr. Xing Fan, Vice President of Development & Engineering. Dr. Fan is leaving the Company to pursue other opportunities, and his duties will be assumed by the Company's Chief Technical Officer, Mr. Li Ou.

"We would like to thank Dr. Fan for his contributions to Sky-mobi over the last several years and we wish him well in his future endeavors," commented Michael Song, Chairman and Chief Executive Officer of Sky-mobi. "I have complete faith that our Chief Technical Officer, Li Ou, can take on these additional responsibilities while keeping our new product-development activities on track."

About Sky-mobi Limited

Sky-mobi Limited operates the leading mobile application store in China based on number of user visits, downloads and handset manufacture partners. The Company works with handset companies to pre-install its Maopao mobile application store on handsets and with content providers to provide users with applications and content titles. Users of its Maopao store can browse, download, and enjoy a range of applications and content, such as single-player games, mobile music, and books. The Company's Maopao store enables mobile applications and content to be downloaded and run on various mobile handsets with different hardware and operating system configurations. The Company also operates a mobile social network community in China, the Maopao Community, where it offers mobile social games, as well as applications and content with social network functions to its registered members. The Company is based in Hangzhou, the People's Republic of China. For more information, please visit: www.sky-mobi.com.

The Sky-mobi Limited logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8458

CONTACT: Company Contact: Sky-mobi Limited Mr. Carl Yeung, Chief Financial Officer Phone: +(86) 571-8777 0978 (Hangzhou) Email: ir@sky-mobi.com Investor Relations Contact: CCG Investor Relations Mr. John Harmon, CFA, Sr. Account Manager Tel: +86-10-8573 1014 (Beijing) E-mail: john.harmon@ccgir.com

Source:Sky-mobi Limited