Press Releases

TPV, PARTIAL-OWNER OF EPI RISES TO NO. 2 MONITOR MANUFACTURING POSITION GLOBALLY

San Fransisco, Calif. - July 18, 2001 - Envision Peripherals, Inc., (EPI), a partially-owned company of Taiwan-based Top Victory Electronics (TPV), announced today that TPV has overtaken Philips� Electronics as the second largest PC computer monitor manufacturer in the world. According to the Market Intelligence Center, (MIC), Taiwan�s premier IT industry research and consulting firm, TPV surpassed Philips by a margin of more than 450,000 units shipped during the first quarter of 2001, bringing TPV�s quarterly results to 2.8 million units. For the 12th consecutive year, TPV has experienced continued growth in the display market, having shipped more than 12 million units in 2000.

�We are excited about our new position as the second-largest display manufacturer in the world. Despite the general market slowdown, we have enjoyed strong monitor sales and are on track to surpass last year�s numbers,� said TPV Global Sales Director Tom Kang. �TPV strives to put itself in a position to take advantage of global growth opportunities in this rapidly developing and changing market. Moving forward, we will continue to focus on expanding our market share and delivering superior quality products at affordable prices to our customers.�

Overall Worldwide Manufacturing Quantity*

A ll	Company	Quantity (’000)
1 2 3 4 5	Samsung Envision Phillips LG Sony	3,760 2,800 2,334 2,270 1,200

*Source Market Intelligence Center (Q1, 2001)

*TPV manufactures both AOC and Envision brands, while also serving as a highly successful original equipment manufacturer (OEM) for customers globally. The company�s award-winning, high-quality and affordable CRT and LCD displays have seen strong acceptance throughout the world and earned PCWorld Magazine�s Top Ten Award earlier this year. In addition, the company produces more than 100 different lines of monitors which have been praised for advanced performance, higher resolution, plug-and-play simplicity and much more. The monitors are ideally suited for corporate, SOHO or home use.

About Market Intelligence Center
Market Intelligence Center, based in Taipei, Taiwan, was founded in 1984. MIC is Taiwan�s premier IT industry research and consulting firm providing intelligence, in-depth analysis, and strategic consulting services on global IT product and technology trends, focusing on markets and industries in Asia-Pacific. MIC is part of the Institute of Information Industry.

ABOUT EPI
Envision Peripherals, Inc. (EPI) is partially-owned by TPV, the second-largest manufacturer of PC monitors in the world with nearly 20 years of computer monitor design and manufacturing experience. In 2000, TPV produced nearly four million monitors under the Envision and AOC brand names. A highly successful OEM business has added to TPV�s long history of success. Currently, TPV has more than 100 models in production, ranging in size from 14-inches to 19-inches. Driven by constant innovation, TPV recently introduced several new product lines, including 17-inch and 19-inch FlatTube monitors and a 17-inch LCD. Top Victory Electronics (TPV), 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