Commitment to Quality and Manufacturing Excellence Hand in hand with an innovation leadership role  goes the dedication to quality. Quality is one of the  founding principles on which this Company is built,  and we realized from the beginning that it is one of  the non-negotiable elements of long-term success.  It is also the theme that runs through every step of  the design, engineering, and quality control process.  We relentlessly pursue manufacturing excellence to  ensure that product quality, cost structure and our  ability to flexibly and swiftly respond to changing  customer demands are the best in the industry. This  uncompromising dedication to quality and innovation  has over time earned us a number of ISO certifications. Despite the rapid growth and evolution of our  Company, we never lose sight of those who are the  driving force behind our endeavors: you, the investor.  We understand clearly that we owe you absolute  transparency and the highest ethical standards of  Corporate Governance. Ensuring that the financial  results fairly reflect the results of our operations is of  paramount importance to us and to our investors. We  have always been diligent in maintaining compliance  with our established financial accounting policies,  which are consistent with requirements of Generally  Accepted Accounting Principles (GAAP), and in  reporting our results with objectivity and the highest  degree of integrity. Our financial information is  transparent, timely, complete, relevant, and accurate. We are equally committed to rigorously and diligently  exercising our oversight responsibilities throughout the  Company, managing our affairs consistent with the  highest principles of business ethics, and exceeding the  Corporate Governance requirements of both federal  law and the NASDAQ Stock Market. Our culture  demands integrity and an unyielding commitment to  strong internal practices and policies. We appreciate our shareholders’ confidence in our  future and work hard to not only deliver outstanding  results quarter for quarter but we also believe in  enhancing the return of capital through increased  accountability.  While we are proud of our achievements over the years,  we will not rest on our laurels but will continuously  strive to surpass existing achievements and to identify  areas that will benefit from improvements. We are  looking forward to this year  2005  and to bringing  continued positive results to you – our shareholders,  customers, suppliers, and employees.  Sincerely, Raymond Soong  Chairman of the Board C.H. Chen President and  Chief Executive Officer Corporate Governance and Financial Discipline 11