Hong Kong December 5, 2008 - AppoTech Ltd, leading ‘fabless' IC design house, has won the SME Award of the DHL/SCMP Hong Kong Business Awards 2008. This award recognizes the company's excellence in business performance and market development.

Chuck Cheng, CEO and president of the company said, ‘AppoTech is honored to receive this award. This award recognizes the company's success as an outperforming company with innovative products, successful market development and excellent financial performance. We will keep striving for achievements for the future.'

The annual Hong Kong Business Awards established by DHL International (Hong Kong) Ltd and the South China Morning Post in 1990 is aimed to acknowledge publicly the contributions made by individuals and by companies in maintaining and expanding the economic viability and international stature of the territory. In particular, the SME Award pays tribute to the winning company for success in delivering innovative products and penetration of new markets. The winner should also have demonstrated outstanding achievement in business development and corporate management.