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Speedline & Schmidt & Co. New Partnership Agreement in Taiwan & Mainland China

Dec 14, 2004

Press Release:

08 December, 2004

SPEEDLINE TECHNOLOGIES & SCHMIDT & CO.,(H.K.) LTD. PARTNERSHIP AGREEMENT IN TAIWAN AND MAINLAND CHINA

Speedline Technologies, Inc., the world leader for single source process solutions for the PCB assembly and semiconductor packaging industries, has entered into a business partnership agreement with Schmidt & Co., (H.K.) Ltd. in expanding its business network in Mainland China. Schmidt & Co., (H.K.) Ltd. has been appointed as the strategic business partner in handling Taiwanese customers, including Taiwanese customers in Taiwan and Mainland China.

Effective from 16th November 2004, Schmidt & Co., (H.K.) Ltd. has been appointed as the strategic business partner in handling both MPM & Electrovert product lines for Taiwanese customers including Taiwanese customers in Taiwan and Mainland China.

Schmidt & Co., (H.K.) Ltd. headquartered in Hong Kong, a prominent provider of manufacturing process technology solutions and customized technical services, will provide sales and technical service support on MPM & Electrovert product lines on behalf of Speedline Technologies in the above mentioned regions.

The partnership with Schmidt & Co., (H.K.) Ltd. signifies Speedline Technologies�� strategy in reinforcing its network expansion for the North Asia regions as Schmidt & Co., (H.K.) Ltd. has a very well established sales and marketing network in Greater China. Together with Schmidt & Co., (H.K.) Ltd. Speedline Technologies has established a strong network to continue to support Taiwanese customers in all market segments in Taiwan & Mainland China.

The professional management team and staff of Schmidt & Co., (H.K.) Ltd., bring more than several years of capital equipment and the PCB assembly expertise to Speedline Technologies base of customers, as well as to new customers in the market.

�� END ��

Schmidt & Co., (H.K). Ltd., a member of Schmidt Electronics Asia Ltd., is a leading Technology Solution Provider of manufacturing process technology solutions and customized technical services in Asia Pacific. Representing world-class technology products as well as proprietary products, it develops, integrates end-to-end and standalone solutions around such technologies, and delivers it through an extensive suite of customized services.

Headquartered in Hong Kong, its more than 1,000 employees are spread across its Asian network of 9 regional centres, giving its customers the benefits of strong local presence with the promise of regional support and consistency. Its diverse and continually expanding customer base is comprised of leading companies operating in a wide range of sectors, including digital consumer electronics, communications, automotive as well as electronic manufacturing service providers. For more information, please go to http://www.schmidtelectronics.com

Media Contact:

Ms. Judy Cheng

Corporate Communications

Schmidt Electronics Asia Ltd.

Tel: +852 2507 0212

Fax: +852 2507 0937

Email: judycheng@schmidtelectronics.com

Mr. Kho Lik Wai �C Director of Sales

Speedline Technologies Asia

Tel: +65 9737 8669

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