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26/08/2008

K-ONE TECHNOLOGY BERHAD UNVEILS LATEST INNOVATION
Product Innovation To Help Save Fuel

Petaling Jaya, 26 August 2008 – K-One Technology Berhad (K-One) unveiled its latest product innovation with the official launch of the K-One N870, a state of the art, portable global positioning system (GPS) navigator which helps save fuel, time and money while promoting safety in driving.

K-One N870, the first product marketed under the K-One brand name, enables drivers to arrive at their destination of choice in a hassle-free manner. With the Navigator, drivers can now plan their journey ahead of time using the most efficient routing possible, thus allowing them to save their hard-earned money on fuel. The navigation device also helps increase drivers’ level of alertness while reducing their stress level to ensure safer and less distracted driving.

The unveiling of the K-One N870 was officiated by Ir. Edwin Lim Beng Fook, Chairman of the K-One Group in the presence of the company's board of directors, senior management team, the media fraternity, key business partners, dealers and invited guests.

"A unique feature of the K-One N870 is its smart and high performance antenna which provides consistently strong signal from one point of interest to another throughout the journey. This feature is very important in a GPS navigator as without strong signal, the device is as good as a clunky little box in your car or another me-too gadget which you carry around" said Ir. Edwin Lim in his speech.

"Besides its many features, customers of the K-One N870 can be assured of the after-sales service that the company offers. As a listed company with reliable track record, our customers do not have to worry about support services when purchasing our products. In fact, we are developing a website dedicated to the K-One N870 and future product family series at www.k-onegps.com to show our commitment towards our customers and dealers," he added.

The launch of the K-One N870 also signifies the transformational growth of K-One from being solely a designer and manufacturer of electronic products for multinational OEMs/ODMs to venturing into developing its own brand of electronic products as an additional revenue stream for a more assured future. The K-One N870 is the first product marketed under the company's name, in line with its long-term business strategy of introducing its own product to increase presence and prominence in the local and global markets. With the launch of the K-One N870, the K-One Group has taken a step forward towards achieving its vision of becoming a global one-stop technology solution provider as well as proving that Malaysia has world-class design to innovate superb electronic gadgets for the betterment of the world.

About K-One Technology Berhad

K-One Technology Berhad is a leading technology company providing design and manufacturing outsourcing capabilities to multinationals in high-tech electronic industries worldwide. Incorporated in 2001, it is a Multimedia Super Corridor (MSC) Status company listed in the MESDAQ market of Bursa Malaysia with sales revenue of RM56.1 million in 2007.

As a one-stop technology solution provider focusing on design & development and manufacturing of mobile phone accessories, computer peripherals and consumer technology products, K-One has won numerous awards that symbolizes its outstanding achievements in terms of business growth and technology advancements. Among the awards are the Enterprise 50 Awards by Deloitte and SMIDEC, Golden Bull Awards by Ernst & Young and Nanyang and the Asia Pacific Tech Fast 500 Award by Deloitte Asia Pacific.

K-One is committed to sustainable development and has always believed in living in harmony with the environment while contributing to causes that are important to promote a healthy and cultured society.

Additional information is available on the website at www.k-one.com.my

For further information, please contact:

Ms Lim Hui Ye
Associate Corporate Communications Manager
Tel: 03-7728 1111 ext 142
Fax: 03-7728 6212
E-mail: huiye@k-one.com.my


Ir. Edwin Lim, Chairman (second from right) and Mr. Martin Lim, CEO of K-One Group respectively (third from right) holding the K-One N870 GPS Navigator after the official launching ceremony on 26 August 2008.

Mr. Martin Lim, CEO of K-One Group (in the middle) with authorized dealers of the K-One GPS Navigator series after the signing ceremony during the official launch. The K-One N870 can be purchased in 450 outlets of our authorized dealers throughout Malaysia.

The management and staff of the K-One Group giving the “ummph” to the K-One N870!

The K-One N870, a portable global positioning system (GPS) navigation device by the K-One Group.

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