News Release

2010-08-02
Xenon Technologies closes transaction to acquire the Photoflash business from PerkinElmer, Inc.

SINGAPORE – July 13, 2010 – Xenon Technologies closes the transaction to acquire the
Photoflash business from PerkinElmer, Inc. Xenon Technologies is funded by a consortiumconsisting of AAC Acoustic Technologies Holdings Inc., Granite Global Ventures Capital and Credence Capital Fund (Cayman) Limited.

Xenon Technologies also announced it had reached a significant milestone of shipping more than 38 Million units of TRIM XE TM xenon flash products to the top Mobile Phone Camera and Compact Digital Still Camera manufacturers.

Mr. Jack Tuen, Chief Executive Officer of Xenon Technologies, said \"We are very excited on the milestones of closing the transaction and delivering the world smallest xenon flash products in such high volume. We are very proud to maintain our position as the leading provider of xenon solutions in the digital imaging market, building on our rich xenon technology heritage. Moving forward, we are confident that by leveraging on our experience and investors\' strengths, Xenon Technologies will be able to launch into a next phase of faster growth with newer innovative solutions. Guided by our relentless pursuit of innovation, Xenon Technologies will continue to push the industry standards by leading in product miniaturization, improving performance, and rolling out high quality and cost effective solutions\"

For more information, please refer to www.xenon-technologies.com or contact Mr. Steve Kuo at Seraphim,Taiwan distributor of PerkinElmer, tel: +886.02.26984660 ext. 230 or email to stevekuo@seraphim.com.tw

Vendor:

Chip Integration Tech. Co., LTD. (CITC)


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