PRESS RELEASE

Matsunichi introduces new "Made for iPod" Docking Stations

FREMONT, CA, January 4, 2007 – Matsunichi Inc. – www.matsunichi.com – plans to introduce its new iPS and iPF product lines, designed to enhance and expand the entertainment possibilities for iPod® owners, at this year’s Consumer Electronics Show (CES) in Las Vegas, Nevada.

iPS Series - Portable Video Dock - An exciting add-on product for iPod® users, Matsunichi’s new iPS7 Portable iPod® Docking Station features a 16:9 Widescreen 7” LCD and built-in speakers for superior video enjoyment. With its 4-hour battery life, it’s road-ready. And it fits right in at home as well, with audio and video outputs to interface with home entertainment systems, so you can listen to music and view your iPod® video on your TV. And the iPS7 docking station functions as a charger, so your iPod® is always read to go.

iPF Series - Docking with Navigation and External Display - To expand the capabilities of the iPod® for today’s home theater systems, Matsunichi has developed a home docking station that extends Navigation and Display of music files - and now video files as well - to your TV. Available 7” and 10.2” 16:9 Widescreen LCD sizes, the iPF Series also include built-in speakers and remote control. It facilitates connection of an iPod to a home theater system via video and audio output connectors. It is also a fully-functional Digital Picture Frame that reads most major memory card types and features 128MB of internal memory for storing media files. Playback of JPGs, MP3s and MP4 Video is supported. Other functions include Clock/Calendar and Alarm.

About Matsunichi, Inc.
Matsunichi is a global leader in consumer-oriented digital entertainment and mobile storage products. Headquartered in Hong Kong and listed on the Hong Kong Stock Exchange (SEHK: 0283), Matsunichi employs approximately 1000 employees in 5 countries worldwide. The company plans to announce several exciting new products in the coming months, including Digital Picture Frames, Personal Media Players, iPod® accessories and Digital Video Broadcasting devices.

Trademark Footnote: All corporate names and trademarks are the property of their respective companies. iPod is a trademark of Apple Computer, Inc., registered in the U.S. and other countries. Specifications subject to change.