LITE-ON TECHNOLOGY TO MAKE A PUBLIC TENDER OFFER FOR PERLOS


PERLOS CORPORATION STOCK EXCHANGE RELEASE AUGUST 13, 2007 AT 10.00
A.M.

NOT FOR DISTRIBUTION IN THE UNITED STATES

Perlos Corporation, one of the world's leading suppliers of handset
mechanics today announced that it has entered into a combination
agreement with Lite-On Technology, a world leading supplier in
optoelectronics components headquartered in Taiwan, under which
Lite-On or its wholly owned direct or indirect subsidiary will make a
voluntary public tender offer to acquire all of the issued and
outstanding shares of Perlos Corporation.

The price offered for each share validly tendered in the Tender Offer
shall be EUR 5.20 in cash (the Consideration). The Consideration
represents a premium of 40,5 per cent compared to the closing price
of EUR 3,70 of the Perlos shares on the OMX Nordic Exchange Helsinki
on the 10th August 2007, the last trading day before the announcement
of the Tender Offer. The Tender Offer also covers Perlos' 2002 and
2005 option programmes.

Lite-On has received irrevocable commitments to tender shares held by
Oy G.W. Sohlberg Ab (GWS), in total representing 29.14% of the votes
and share capital of Perlos.

The Board of Directors of Perlos entered into the combination
agreement with Lite-On as it regards the Tender Offer and the offered
Consideration as highly attractive. The Board of Directors will issue
a recommendation to the shareholders of Perlos regarding the Tender
Offer after the tender offer document has been made available to the
Board of Directors, in accordance with Finnish securities laws. The
Board of Directors has instructed Summa Capital to evaluate the
Consideration.

Pursuant to the combination agreement, the parties have agreed to use
their best efforts to facilitate the execution of the Tender Offer in
accordance with its terms. Perlos has also agreed to to carry on its
business in the ordinary course, and has agreed not to solicit or
further other offers subject always, however, to the fiduciary duties
of the board. The combination agreement can be terminated in certain
instances of breach of contract, and also if the Tender Offer has not
been completed by November 30, 2007.

Further details of the Tender Offer appear in the tender offer
release issued by Lite-On annexed to this stock exchange release.


NEW POWERHOUSE INTO THE HANDSET SUPPLY CHAIN

When closed, the deal would create a new powerhouse into the handset
supply chain. Lite-On, one of the largest electronics companies in
the world and Perlos, the world's leading supplier of handset
mechanics would form one of the most powerful operatorsin the global
handset industry. The joint product and service offering of Lite-On
and Perlos would create superior customer benefits.

The product offerings of the two companies would complement each
other, as Perlos is strong in mechanics and Lite-On correspondingly
in electronics. In addition, Perlos' great manufacturing presence in
the world coupled with Lite-On Tech's strong relationships in the
Taiwan/China handset supply chain benefits both sides. In addition,
the clientele of both companies would complement each other.

- This is truly an exciting opportunity. The extensive technology
portfolio of Lite-On combined with Perlos' outstanding capabilities
in handset mechanics would immediately bring benefits to our
customers. In addition, the profound experience of Lite-On and its
financial resources would enable further development of the value
offering, says Matti Virtanen, President and CEO of Perlos.

- Starting from 2007, Lite-On Technology has launched its"Customer-Centric" growth strategy where Lite-On Technology provides
one-stop-shopping solutions to customers via its wide range of
component offerings. This acquisition would equip Lite-On Tech with
mechanical capabilities in addition to its electronic component
power, says Warren Chen, CEO of Lite-On Core-Investment.

The mutual plan of the parties is that Perlos will continue its
operations under Perlos brand and company name. The anticipated
change in the ownership is not expected to have any immediate impact
on the personnel. The management of Perlos would continue in its
current positions and locations.

- We will also continue to improve our competitiveness as well as the
renewal of our production model in line with the Lean Manufacturing
principles. Today's news will not change our plans in this front,
Virtanen stresses.

Further information about the Tender Offer and its terms will be
disclosed in the Tender Offer Document. The Offeror is expected to
release the Tender Offer Document in approximately 3 weeks time.


INFORMATION REGARDING PERLOS CORPORATION

Perlos Corporation, founded in 1953, is one of the world's leading
producers of handset mechanics. Its service offering covers the whole
product life cycle from product design to manufacturing, logistics
and new product versions.

The company operates globally and most of its production facilities
are located in Asia. It also has significant production in Europe and
North and South America. The company is headquartered in Finland.

Perlos' net sales in 2006 amounted to EUR 673.6 million of which 35%
came from Asia, 44% from Europe and 21% from North and South America.
The company employed approximately 8,800 people worldwide in the end
of June, 2007.

Perlos share (POS1V) is traded on the OMX Nordic Exchange Helsinki.


INFORMATION REGARDING LITE-ON TECHNOLOGY CORPORATION

Lite-On Technology Corporation (Lite-On Tech) is the world's leading
supplier in optoelectronics components, headquartered in Taiwan. The
company was founded in 1975 and established Taiwan's first LED
operation. Lite-On Tech had its IPO in 1983 and was the first
technology company to be listed on Taiwan Stock Exchange. In 2002,
four companies, including Lite-On Electronics, Lite-On Technology,
Silitek and GVC, merged into the new Lite-On Tech that we know.

Over the last few decades, Lite-On Tech has grown tremendously from
its LED business and expanded into other optoelectronic components
including Power Supply, LCD Monitors, Imaging products, etc. Today,
more than 90% of Lite-On Technology's business is derived from
products ranked top three in the world.

For handset customers, Lite-On provides phone camera modules, LED,
keypads, GPS, and various types of sensors.

The Lite-On Group consists of several fully or partly owned
companies, including listed companies in Taiwan, Japan and the USA.
The net sales of the Group amounted to approximately USD 7.2 billion
in 2006 and it employs approximately 55,000 people. The shares of
Lite-On Technology Corporation (2301) are traded on the Taiwan Stock
Exchange.


ADDITIONAL INFORMATION

- A news conference for analysts and media will be held today, August
13, 2007 at 12:30 in Airport Business Plaza, Meeting Room JFK,
Äyritie 12 B, 01510 Vantaa, Finland. Present: Andreas Tallberg,
Chairman of the Board of Perlos Corporation, Matti Virtanen,
President and CEO of Perlos and Warren Chen, CEO of Lite-On
Core-Investment.

- President and CEO Matti Virtanen, tel. +358 9 2500 7200 is
available today, August 13 at 16:30 - 17:30 Finnish time.

- Perlos will arrange a conference call and web presentation for
analysts, media and investors today, August  13, at 14:00 UK time /
16:00 Finnish time. You can participate over the telephone or through
Perlos' Internet site. The presentation will be hosted by Juha
Torniainen, CFO. The conference call and presentation will be held in
English. To participate in the conference call please dial +44 (0)20
775 099 50, a few minutes before the beginning of the conference.

PERLOS CORPORATON
Board of Directors


DISTRIBUTION
Helsinki Stock Exchange
Central media
www.perlos.com


ANNEX:
LITE-ON TECHNOLOGY ANNOUNCES A CASH TENDER OFFER FOR PERLOS

13 Aug 2007, Taipei, Lite-On Technology Corporation (2301.TW)
(Lite-On) announces a public cash tender offer (the Tender Offer) for
the world's largest handset casing company, Perlos Corporation
(POS1V: FH) ("Perlos"). Perlos is headquartered in Finland with its
shares listed and traded on the OMX Nordic Exchange Helsinki.

The Tender Offer in brief:

- The Tender Offer price is EUR 5.20 per Perlos share in cash
- The Tender Offer price represents a premium of 40.5% over the
closing price of EUR 3.70 on 10 August 2007, the last trading day
prior to the announcement of the Tender Offer, and a premium of 23.4%
over the volume-weighted average trading price of Perlos' shares (EUR
4.21) during the three month period prior to the announcement of the
Tender Offer
- The total value of the Tender Offer is EUR 277 million, or NT$ 12.5
billion.
- The Tender Offer also covers Perlos' 2002 and 2005 option programs.
See further under The Tender Offer Price in Appendix 1
- The Tender Offer period is expected to begin on or about 3
September 2007 and run for approximately five (5) weeks

On 13 August 2007, Lite-On and Perlos entered into a definitive
agreement in respect of the Tender Offer (the Combination Agreement).
The board of directors of Perlos is supportive of the Tender Offer
and will issue a board recommendation pursuant to Section 6 of
Chapter 6 of the Finnish Securities Market Act. Upon completion of
the Tender Offer, Perlos will be de-listed and will operate as an
independent business within the Lite-On group. Furthermore, it is not
expected that the Tender Offer would have any immediate effects on
Perlos' employees.

Lite-On has received irrevocable commitments to tender shares held by
Oy G.W. Sohlberg Ab (GWS), in total representing 29.14% of the votes
and share capital of Perlos.

Rationale of the proposed deal

Perlos is the world's largest supplier of mobile-phone casings with a
16% market share in 2006. It specializes in plastic tooling and
surface treatment, and has also been strengthening capabilities in
light metal. In addition to handset casing, Perlos has successfully
expanded its product portfolio and diversified into other handset
components and services, such as antenna and sub-assembly services.

In addition to a solid technology and product portfolio, Perlos has
established manufacturing presence in Mexico, Brazil, Hungary, China
and India. Not only is Perlos capable of facilitating global
logistics for its customers, its strong and growing exposure in
emerging markets also provides great support for customers that are
aggressively making inroads into fast-growing new markets.

- Starting from 2007, Lite-On has launched its "Customer-Centric"
growth strategy where Lite-On provides "one-stop-shopping" solutions
to customers via its wide range of component offerings. The
acquisition of Perlos will equip Lite-On with mechanical capabilities
in addition to its electronic component power, says David Lin, CEO of
Lite-On Group.

Lite-On currently provides phone camera modules, LED, LED
flashlights, keypad, GPS, and various types of sensors for its
handset customers. Perlos will complete the product portfolio by
adding casing, antenna and sub-assembly for modules. The combination
of Lite-On and Perlos will significantly strengthen the handset
component cluster capabilities of the combined group to provide more
products and better services to handset customers.

- This is truly an exciting opportunity. The extensive technology
portfolio of Lite-On combined with Perlos' outstanding capabilities
in handset mechanics would immediately bring benefits to our
customers. In addition, the profound experience of Lite-On and its
financial resources would enable further development of the value
offering, says Matti Virtanen, CEO and President of Perlos.

In addition to synergies in product offerings, Lite-On and Perlos
complement each other well in many other aspects. Perlos'
comprehensive global manufacturing platform, including the Americas,
Europe, and Asia, coupled with Lite-On's strong relationships in the
Taiwan/China handset supply chain will benefit both companies. It
will also open up new cross-selling opportunities given the limited
overlap in the customer mix. The combination will see immediate
synergies and is expected to achieve greater presence of the combined
group in the ever-competitive handset market.

Press Conferences

Taiwan: A press conference for media will be held today, 13 August
2007 at 14:00 (Taipei time) at Taiwan Stock Exchange followed by
another press conference at Lite-On Technology Corporation's
headquarters at 15:00 (Taipei time).

Finland: A press conference for analysts and media will be held
today, 13 August 2007 at 12:30 (Helsinki Time) in Äyritie 12 B, 01510
Vantaa. Presenters: Mr. Andreas Tallberg, Chairman of Perlos, Mr.
Matti Virtanen, CEO and President of Perlos and Mr. Warren Chen, CEO
of Lite-On Core-Investment.

Lite-On Technology Corporation
Board of Directors

Spokesperson
Andrew Lin
Chief Financial Officer
Lite-On Technology Corporation
+886-2-8798-2888
liteontechpr@liteon.com

About Lite-On

Lite-On is a world's leading supplier in optoelectronics components,
headquartered in Taiwan. The company was founded in 1975 and
established Taiwan's first LED operation. Lite-On had its IPO in 1983
and was the first technology company to be listed on Taiwan Stock
Exchange. In 2002, four companies, including Lite-On Electronics,
Lite-On Technology, Silitek and GVC, merged into the new Lite-On that
we know. Over the last few decades, Lite-On has grown tremendously
from its LED business and expanded into other optoelectronic
components including Power Supply, LCD Monitors, Imaging products,
etc. Today, more than 90% of Lite-On's business is derived from
products ranked top 3 in the world. See www.liteon.com for further
information.

About Perlos

Perlos is a global design and manufacturing partner for the
telecommunications and electronics industry. The service offering
covers the whole product life cycle from product design to
manufacturing, logistics and new product versions. The production
facilities are located in Asia, Europe and North and South America
and the company is headquartered in Finland. In 2006, Perlos' net
sales amounted to EUR 673.6 million. The company employed
approximately 8,800 people worldwide in the end of June, 2007. Perlos
share (POS1V) is traded on the OMX Nordic Exchange Helsinki. See
www.perlos.com for further information.

Disclaimer

These materials are not an offer of securities for sale in the United
States. Securities may not be offered or sold in the United States
absent registration or an exemption from registration under the U.S.
Securities Act of 1933, as amended. The issuer of the shares has not
registered, and does not intend to register, any portion of the
offering in the United States.

This stock exchange release must not be released or distributed in
whole or in part in or into the United States, Canada, Japan or
Australia. This stock exchange release is neither an offer to
purchase nor a solicitation for an offer to sell shares, and the
tender offer will not be made directly or indirectly in the United
States, Canada, Japan or Australia or any other jurisdiction where
such an offer would violate laws of that jurisdiction. This stock
exchange release and tender offer will not and may not be
distributed, forwarded or transmitted in any way, such as by post,
fax, email or telephone, or in any other way to or from areas where
it would violate the law.


APPENDIX 1 - KEY ASPECTS OF THE TENDER OFFER

The Tender Offer
Subject to the terms and conditions of the Tender Offer, Lite-On
offers to acquire all issued and outstanding shares and options in
Perlos. The Tender Offer will be made by Lite-On through a Finnish
limited liability company, which is a wholly-owned subsidiary of
Lite-On at the time of the Tender Offer.

The Tender Offer Price
The Tender Offer price for each issued and outstanding share is EUR
5.20 in cash.

The Tender Offer price for shares represents a premium of 40.5% over
the closing price of EUR 3.70 on 10 August 2007, the last trading day
prior to the announcement of the Tender Offer, and a premium of 23.4%
over the volume-weighted average trading price of Perlos' shares (EUR
4.21) during the three month period prior to the announcement of the
Tender Offer.

The Tender Offer cash prices for Perlos' options are as follows:
- EUR 1.07 for each option belonging to the 2002A option program
- EUR 0.80 for each option belonging to the 2002B option program
- EUR 0.04 for each option belonging to the 2002C option program
- EUR 1.03 for each option belonging to the 2005A option program
- EUR 1.09 for each option belonging to the 2005B option program
- EUR 1.67 for each option belonging to the 2005C option program

Tender Offer Conditions

Completion of the Tender Offer is conditional upon:
1. that the Tender Offer is accepted to such an extent that upon
completion of the purchases pursuant to the Tender Offer Lite-On
becomes the owner of more than ninety (90) percent of all issued and
outstanding shares in Perlos before as well as after dilution
resulting from exercise of options issued by Perlos;
2. that any waiting period (and any extension thereof) applicable to
the consummation of the Tender Offer under any competition, merger
control or similar law shall have expired or been terminated;
3. that all required regulatory consents, approvals authorizations
and registrations have been obtained; and
4. that the Combination Agreement has not been terminated by either
Party.

Lite-On reserves the right to waive, in whole or in part, any of the
conditions above, if permitted by applicable law.

The Combination Agreement
The Combination Agreement between Lite-On and Perlos sets forth the
principle terms under which Lite-On will make the Tender Offer. The
Combination Agreement also addresses the recommendation to be given
by the Board of Directors of Perlos. Furthermore, the Combination
Agreement contains provisions regarding the cooperation of the
parties for the purposes of preparing necessary filings and documents
required for the execution of the Tender Offer and the acquisition of
Perlos by Lite-On.

In the Combination Agreement Perlos and Lite-On agree that, between
the date of the Combination Agreement and the closing date of the
Tender Offer, the business of the Perlos group shall be conducted
only in the ordinary course of business.

Acquisition of Shares from the Main Shareholder
Perlos' largest shareholder, GWS, has on 13 August 2007 given an
irrevocable undertaking to Lite-On under which GWS will accept the
Tender Offer in respect of all of its 15,425,000 shares in Perlos.
These shares represent 29.14% of the share capital and votes in
Perlos. Lite-On shall pay the same Tender Offer price, EUR 5.20 per
share, to GWS as to all other shareholders of Perlos. GWS has agreed
to support the Tender Offer in its role as a shareholder of Perlos.

Lite-On holds no other shares or rights to shares in Perlos.

Financing of the Tender Offer
Lite-On will finance the Tender Offer from its existing and available
cash reserves.

The Tender Offer Period
The Tender Offer is expected to be launched on 3 September 2007 or as
soon as practicable thereafter. An offer document regarding the
Tender Offer will be made public before commencement of the
acceptance period and will be made available to the shareholders of
Perlos in connection therewith. The tender offer period is expected
to initially be approximately five (5) weeks. Lite-On will reserve
the right to extend or suspend the tender offer period, as allowed
under applicable law.

Settlement of the Tender Offer is expected about a week after the end
of the acceptance period. Lite-On reserves the right to extend the
acceptance period as well as to postpone the settlement date.

Regulatory Approvals
The Tender Offer will be conditional on the relevant regulatory
approvals. Merger control filings will need to be made with certain
competition authorities, such as the EU Commission as well as the
certain national competition authorities. Furthermore, Lite-On will
need to obtain an approval from the Investment Committee of the
Taiwanese Ministry of Economic Affairs. However, Lite-On currently
does not anticipate any problems with the regulatory process and is
prepared to accommodate any concerns of the authorities in order to
timely obtain these approvals.

Advisors
Lite-On is being advised by Citigroup Global Markets Limited
(financial advisor) and Dittmar & Indrenius (legal advisor).