Broadening patent protection boosts Trek 2000's global client base / New contract awarded

The Board of Directors of Trek 2000 International Ltd ("Trek" or the "Company") is pleased to announce developments relating to the Group's patent applications in the US, Malaysia, Japan and Singapore, as well as the new contract from Memorex Products, Inc.

Design Patent Applications Approved

The Group has recently received approval for the ThumbDrive design patents for both its generic portable data storage device as well as the Biometric ThumbDrive, the latest model that was launched by the Group in 2001 from the US, Malaysia, Japan and Singapore. Given the size of the IT consumer market as well as the technological advancements especially in leading IT countries like the US and Japan, this is an encouraging development for the Group.

The approval of the product design, while not fully preventing clones in the market, will also certainly discourage product clones in consideration of the legal implications surrounding the design patents.

New Contract Awarded

Memorex Products, Inc. ("Memorex"), the industry sales leader of digital optical storage products, has selected Trek's ThumbDrive Smart™ mobile storage device technology for its entrance into the flash storage market. This is in recognition of the intellectual property rights surrounding the Group's renowned ThumbDrive solutions.

Although the Group's distribution network in the US will be strengthened and enlarged, this transaction is not expected to have a impact on the consolidated net tangible assets and earnings per share of the Company and the Group for the current financial year.

None of the directors or controlling shareholders of the Company has any interest, direct or indirect, in the above transaction.

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