Press Releases

ENVISION NOW AT STAPLES/FRY�S

Envision Peripherals Inc. Announces its Award-Winning PC Monitors Now Sold by Staples and Fry�s Electronics, Including New FlatTube Displays Available Direct to Retail Consumers for First Time!

Leading Retailers are Just the Beginning of Envision�s Move to Become Price-Performance Leader in Retail Channel.

FREMONT, Calif., Jan. 1 - Envision Peripherals Inc. (EPI), partially-owned by TPV, one of the world�s largest manufacturers of PC monitors, has announced its goal to become the price-performance leader in the retail channel. As part of its strategy, EPI today announced that its Envision monitors are immediately available at Staples, a leading superstore retailer to small and large businesses, and Fry�s Electronics, a leading regional retailer to high-tech professional and home consumers. In addition to Envision CRT and LCD models, Envision brand�s newest FlatTube monitors are now being introduced at more than 1,000 Staples and Fry�s store locations in the U.S.

�This is just the beginning of Envision�s big push into the retail channel,� said Young Yoo, director of marketing and sales for EPI. �After unprecedented acceptance and unmatched customer satisfaction within our OEM and reseller channels, our next goal is to make the Envision brand the retail channel�s price-performance leader. We are extremely pleased to make our monitors available through such fine customer-focused retailers as Staples and Fry�s Electronics.�

For the first time, Staples and Fry�s carry the following monitors from EPI�s award-winning brand line, all available at very affordable prices for SOHO, business, high-tech and other retail consumers:

• Envision EN-510, a 15” CRT
• Envision EN-710, a 17” CRT
• Envision EN-910, a 19” CRT
• Envision EN-780, the new 17” FlatTube CRT
• Envision EN-980, the new 19” FlatTube CRT
• Envision EN-5100, a 15” LCD

Envision monitors have been consistently praised for their advanced performance, higher resolutions, surprisingly low prices, easy plug-and-play simplicity, built-in features and user controls, with extended 3-year warranties and support. During the past year, EPI monitors have earned best-buy ratings or excellent reviews from PC Magazine, PC World and WinMag.com. EPI has also been recognized as a �Top-7 Monitor Channel Champion� by hundreds of solutions providers in an independent survey conducted by Computer Reseller News. In addition, EPI is ranked as the fourth largest manufacturer of PC monitors in the world. For more information about Envision monitors, visit: www.epius.com.

ABOUT STAPLES
Staples Inc., (NASDAQ: SPLS), is a $9 billion provider of office supplies, furniture, technology and services to consumers and businesses of all sizes in the United States, Canada, the United Kingdom, Germany, the Netherlands and Portugal. Staples has more than 1,200 retail superstores, an e-commerce business, direct mail order operations under the brands of Staples and subsidiary Quill Corporation, and a national accounts contract business.

ABOUT FRY�S
Fry�s Electronics, Inc., a closely held private company, was founded as a Silicon Valley electronics one-stop shopping environment for high-tech professionals and consumers. In its 17 retail stores, Fry�s supplies products representing the latest technological trends and advances in the PC marketplace. Fry�s retails over 50,000 electronics items within each of its stores located in California, Texas, Oregon and Arizona.

ABOUT EPI
Envision Peripherals, Inc. (EPI), partially-owned by TPV, one of the largest manufacturers of PC monitors in the world. Top Victory Electronics (TPV), has more than 18 years of combined experience in the design and manufacture of computer monitors bearing the Envision and AOC brand names, as well as a highly successful OEM business. TPV has more than 100 models currently in production, including monitors ranging in size from 14� to 19�, a flat screen LCD model, and several lines of scanners. TPV has continued innovating, with the recent introductions of several new product lines, including 17� and 19� FlatTube monitors and more. Top Victory Electronics, has been traded publicly on the Hong Kong and Singapore stock exchanges since 1999.

ABOUT Envision Monitors
Based in the San Francisco Bay Area, Envision Monitors has nearly 20 years of computer monitor design and manufacturing experience. The company is known for selling the most user-friendly, affordable displays on the market, ideal for both small office and home computing. Envision products have received multiple awards from industry sources including CNET.com, TechTV, PC World, Macworld and Smart Computing.

Envision is a brand of EPI, which is part of TPV Technology Limited (TPV). TPV has been recognized with International Organization for Standardization (ISO) 9001 and 14001 accreditations. In 2002, TPV was ranked the second-largest manufacturer of computer monitors in the world*. The company is expected to maintain this standing and to be ranked 4th in LCD production worldwide** in 2003. TPV is based in Taiwan and traded publicly on the Hong Kong & Singapore Stock Exchanges.

* based on sales data to date
** based on projected sales