CHANGES IN PERLOS' TOP MANAGEMENT

President and CEO Matti Virtanen resigns from Perlos' service due to
family reasons. Lite-On (Finland) Oy, currently holding 95,84 % of
Perlos' shares, will suggest to the annual general meeting that Matti
Virtanen will be selected as a member of Perlos' Board. In this
position, he will also continue as senior advisor for Lite-On Group
in questions regarding integration of Perlos and Lite-On, strategy
work, operations and customer relations. Besides that, Matti Virtanen
will return to run his own top executive consultancy company,
Virtanen Consulting GmbH in Germany. The resignation will take effect
on May 26th, 2008.

- This was a very difficult personal decision for me. Perlos aims to
be one of the top three suppliers in the mobile handset industry in a
few years time, and this development phase requires from the CEO more
and more focus and presence in Asia. Due to family reasons I don't
have the opportunity to spend the necessary time there. After
profound consideration and weighing different alternatives together
with Lite-On management and owners, I decided to step aside at this
point, says Matti Virtanen.

Perlos' Board member Mr Cor Saris is nominated as the new President
and CEO. He will start in his new position on May 27th, 2008 and use
the three months period orienting himself with the company and
industry. Cor Saris is originally from the Netherlands and he has
long experience in executive positions at Philips in consumer
electronics, IT and automotive electronics industries. Currently he
works as a Vice President at Lite-On New Business Development.

- I am really excited about this opportunity and I truly believe that
we can turn Perlos into one of the most significant suppliers in the
mobile handset industry, says Cor Saris.

- Matti Virtanen has made a tremendous turnaround in Perlos, and the
company is now ready for the next phase. We respect his decision and
we are sorry to see him leave. However, we are happy to have him in
the Board and continue the good co-operation. We are also glad to
find a replacement within the Group. This change will have no impact
on previously communicated priorities and focus of the company, says
Warren Chen, Vice Chairman of Perlos and Deputy CEO of Lite-On Group.


PERLOS CORPORATION
Matti Virtanen
President and CEO


Additional information:
- Matti Virtanen, President and CEO, is available on February 26th at
11 - 14, Finnish Time, tel. +358 9 2500 7200
- Cor Saris, President and CEO as of May 27th is available on
February 26th at 11-14, Finnish time, tel. +31615854100


PERLOS IN BRIEF
Perlos Corporation 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
Corporation's net sales amounted to EUR 673,6 million. The company
employed approximately 9,200 people worldwide in the end of
September, 2007. Perlos share (POS1V) is traded on the OMX Nordic
Exchange Helsinki. Perlos is a part of Lite-On Group since November
2007.


DISTRIBUTION
Helsinki Stock Exchange
Central media
www.perlos.com