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Kingtone Wirelessinfo Solution Holding Ltd. Modifies Financial Reporting Cycle

XI'AN, China, April 13, 2011 /PRNewswire-Asia-FirstCall/ -- Kingtone Wirelessinfo Solution Holding Ltd. ("Kingtone" or the "Company") (Nasdaq: KONE), a China-based software and solutions developer focused on wirelessly enabling businesses and government agencies to more efficiently manage their operations, today announced that, in agreement with the Audit Committee of its Board of Directors, it has decided to report its financial results on a semi-annual basis, starting with its 2011 fiscal year.

Accordingly, the Company will report its financial results for the six months ended March 31, 2011 in late May 2011.

About Kingtone Wirelessinfo Solution Holding Ltd.

Kingtone Wirelessinfo Solution Holding Ltd (Nasdaq:KONE - News) is a China-based software and solutions developer focused on wirelessly enabling businesses and government agencies to more efficiently manage their operations. The Company's products, known as mobile enterprise solutions, extend a company's or enterprise's information technology systems to include mobile participants. The Company 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 its many diverse packaged solutions is proprietary middleware that enables wireless interactivity across many protocols, devices and platforms.

For more information, please visit Kingtone's website at http://www.kingtoneinfo.com

    For investor and media inquiries, please contact:

    Ms. Ying Yang, Chief Financial Officer
    Kingtone Wirelessinfo Solution Holding Ltd.
    Tel: +1-626-623-2575 (US)
           +86-187-1040-4571 (China)
    Email: yangying@kingtoneinfo.com

    Christensen
    Christian Arnell
    Tel:  +86-10-5826-4939
    Email: carnell@christensenir.com

    Kathy Li
    Tel:   +1-480-614-3036
    Email: kli@christensenir.com

SOURCE Kingtone Wirelessinfo Solution Holding Ltd.