Huami Announces the Launch of NFC Version Mi Band 3

BEIJING, Sept. 19, 2018 /PRNewswire/ -- Huami Corporation ("Huami" or the "Company") (NYSE :HMI ), a biometric and activity data-driven company with significant expertise in smart wearable technology, today announced the launch of the upgraded version of Mi Band 3 with Near Field Communication ("NFC") technology. The NFC feature gives users one-touch payment capabilities for public transportation services in more than 160 major cities throughout China (including Beijing, Shenzhen, Guangzhou, Hangzhou, and others) with more cities to be added. In addition, the NFC version Mi Band 3 will allow users to use their smart band as a virtual access card to gain easy entry and exit from their home, office or other identified location.

"We are delighted to launch the NFC version Mi Band 3 and further enhance the convenience it brings to users' daily lives," said Wang Huang, Chairman and CEO of Huami Corporation. "As daily life-scenarios for everyone become increasing integrated with technology, we are actively bringing more IoT functionalities to our product lines to meet the on-going needs for convenience and connectedness. Moreover, our deep and strategic relationship with Xiaomi continues to grow stronger and stronger as we work together closely. We are confident in our vision of transforming the way individuals connect with the Internet and with each other through smart wearable technology and data-driven innovations as well as delivering solid value to our shareholders."

Mi Band 3, launched May 31, 2018, is the third generation in the flagship smart band product line, following the launches of Mi Band 1 and Mi Band 2 in 2014 and 2016, respectively. The Mi Band 3 offers significantly more advanced health- and sports-related tracking functionalities than earlier versions, including optimized heart rate detection and additional screen access for messaging and real-time data feeds. Other features include weather forecast, timer and more text displays, which all help broaden user scenarios. The Mi Band 3 design has no physical buttons and features a full-touch, high-resolution curved display on a large anti-scratch OLED screen. Users can operate the smart band through directional swiping and gesture-based controls. The Mi Band 3 offers continued industry-leading battery life of 20 days from a single charge and is water resistant 5 ATM. Sales volume for the Mi Band 3 reached a record one million units in only 17 days after its wide release to customers. Furthermore, the total shipment volume of the Mi Band series product line has now exceeded 50 million units since the first-generation Mi Band launched in 2014.

The Mi Band 3 NFC version is available on Sep 19 at, Mi Home, Xiaomi Youpin, and Tmall with suggested retail price at RMB1

Last updated: Sep 19, 2018 at 11:19 pm CDT

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