ACOL and Vgoal sign Asia distribution agreement

Aug. 16, 2006
Date Announced: 16 Aug 2006 ACOL’s high-brightness LEDs and LED light engines will now be distributed and supported through Vgoal, a subsidiary of KC Uppertech in major Asian markets including China, Taiwan and Japan.Switzerland, Geneva and Taiwan, Taipei – August 16, 2006 – ACOL Technologies S.A., and Vgoal, a subsidiary of Kuen Chaang Uppertech, today announced they have signed a distribution agreement for the entire ACOL product range of high-brightness LEDs and LED light engines. These products are used in various solid state lighting applications such as rail and road traffic signals, automotive lights, commercial signage, architectural effect lighting, and general illumination. ACOL LED light engines and discreet LED products provide light efficiency, power, integration and cost benefits for light system manufacturers. Asian customers interested in purchasing LED devices from ACOL can now choose to work directly with Vgoal. Vgoal will support the ACOL product line through its highly experienced sales and technical support teams and work to identify new opportunities for ACOL. Under the terms of this agreement, Vgoal will market ACOL’s products through its existing sales network in Asia, primarily in China, Taiwan and Japan.“ACOL’s business is growing rapidly, with new products becoming available and we need to strengthen our distribution network in order to be able to better reach customers around the world. We are especially happy to count Vgoal in our distribution network because of the reach they give to our products in Taiwan, China and Japan.” said Jean-Charles Herpeux, C.E.O. of ACOL. “We believe that Vgoal has a great understanding of customers’ requirements for the different segments of the lighting industry and that they are especially well qualified to support them.”“ACOL is a leader in the design of LED light engines with unique optics, thermal management and packing technology, which will speed up the penetration of LEDs in such lighting applications as signage, rail and road signals, automotive, architectural effect lighting and general illumination.” said Kenny Chang, C.E.O. of KC Uppertech Group, “We are very enthusiastic about taking ACOL products on board and we are convinced that we will rapidly grow sales here in Asia, thanks to our customers and sales channels.”ENDAbout Vgoal and Kuen Chaang Uppertech Corp.Vgoal corp. is a subsidiary of KC-Uppertech, a leading semiconductor distributor devoted to provide valuable technical, design-in support to customers through its solid and complete service network. The Group started in 1987 and has a well-established sales channel in Great China (Taiwan, Hong Kong, ShenZhen, Shanghai, Kunshan and Xiamen). The Group serves a broad range of customers in telecoms, computers, consumer products and lighting industries. KC-Uppertech has been listed on Taiwan Stock Exchange market since 2003.For more visit www.kc-uppertech.comAbout ACOL Technologies S.A.ACOL Technologies is a leading manufacturer of High Brightness LED products for use in solid state lighting applications such as Rail and Road Traffic Signals, Automotive Lights, Commercial Signage, Architectural Effect Lighting, and General Illumination products. The company’s patented designs in thermal management and primary precision optics provide unique value to leading integrators of High Brightness LED products. The company is headquartered in Geneva, Switzerland, with R&D operations in Moscow, Russia, and Sales offices in Geneva, Switzerland; Sturbridge, Massachusetts, USA; Moscow, Russia; and Taoyuan, Taiwan. For more visit www.acol.com

Contact
For further information, please contact: Elena Simagina, ACOL Technologies, S.A., +41 22 306 0922, [email protected] TJ Wang, Vgoal Corp, +886 2 2916 2246, [email protected]

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Web Site:http://www.acol.com