26.01.2007 Overview

AV Concept Singapore Pte. Ltd. and OSRAM Opto Semiconductors (Malaysia) Sdn. Bhd. Announce South Asia Partnership Agreement for Distribution of OLED (Organic LEDs) Modules.

For Immediate Release

26^th Jan, 2007--AV Concept Singapore Pte. Ltd., a HK HQed company with the Singapore Sales turn-over of USD100M for CY2006 and OSRAM Opto Semiconductors (Malaysia) Sdn. Bhd. announced a partnership agreement throughout South Asia effective 15^th Jan, 2007. This agreement involves the distribution of OSRAM OLED modules.

OSRAM Opto Semiconductors As the world's second largest manufacturer of optoelectronic semiconductor for the illumination, sensing and visualization sectors, OSRAM Opto Semiconductors combines extensive know-how in semiconductors, converter materials and packages under one roof.

"OSRAM looks forward to working with a AV Concept to broaden our opto semiconductor products reach and allow greater penetration into our key target markets," states Alfred Felder, VP Sales&Marketing Asia, OSRAM Opto Semiconductors, Malaysia "AV Concept possesses the technical design solutions and display industry experience necessary to ensure optimal service and support for our valued customers with our OLED display solutions."

Mr. John Lee, Managing Director from AV Concept Singapore Pte. Ltd adds:" We are delighted to be appointed as the specialist distributor in Southeast Asia Region of OSRAM Opto Semiconductors OLEDs products. We believe with our current profile and wide regional coverage in Aisa, we have the synergy and experience to provide key customers with wide ranges of digital solution like Display (OSRAM), storage, processor and Power Analog Solution (Fairchild). We definitely have the ability to maximize our design win effort to major key Customers in the region. Look forward to a fruitful distributorship with OSRAM Opto Semiconductors."

About OSRAM Opto Semiconductors

OSRAM Opto Semiconductors is a wholly owned subsidiary of OSRAM, one of the world's leading lighting manufacturers. It offers its customers solutions based on semiconductor technology for lighting, sensor and visualization applications. The company operates sites in Regensburg (Germany), San Jose (USA) and Penang (Malaysia).In the 2006 fiscal year, it achieved sales of around 500 million euros. This means that the optoelectronic semiconductor accounts for twelve percent of overall OSRAM sales.

For more information, visit www.osram-os.com.

About AV Concept Singapore Pte. Ltd.

AV Concept Singapore Pte Ltd is a dynamic growth company with Sales Offices located in Singapore, Thailand, Philippines, India and Indonesia. With strong connection and support from all key customers and suppliers like OSRAM OS OLED, Samsung and Fairchild, it is able to provide customers with the widest range of products, services and support. AV Concept Singapore has awarded by Samsung and Fairchild for Year 2005 and Year 2006 as Best Agent for the Years.

For more information, visit http://www.avconcept.com

Except for historical information contained herein, the matters set forth in this news release are forward looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Potential risks and uncertainties include such factors as the level of business and consumer spending for electronic products, the amount of sales of the Company's products, the competitive environment within the electronic component industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts and the financial strength of the Company's customers and suppliers. Investors are also directed to consider other risks and uncertainties discussed in documents filed by the Company with the Securities and Exchange Commission.