Cirmaker Structures Management and Advisory Teams For International Growth NEW YORK, Feb. 12 /PRNewswire-FirstCall/ -- Cirmaker Technology Corp. (OTC Bulletin Board: CRKT), which manufactures set top boxes for the digital TV market, CPU coolers for computers and electronic components, today announced that the company has named management and advisory teams reporting to President Bill Liao to develop international operations and financial support. The new management titles and positions are: -- Mr. Liao has assumed the additional title of Chief Executive Officer, consistent with his leadership position in the company; -- Grace Chang has been named Chief Financial Officer, in addition to her existing title of General Manager in Taiwan. -- Wiliam Chen, who joined Cirmaker last year, has been named Chief Development Officer, China Operations. In this new position, he heads up marketing and business development for Cirmaker's operations in the Peoples' Republicof China. Mr. Chen successfully started and ran businesses in import/export, metals and construction in Taiwan and also co-founded and ran a telecommunications business in Canada, which was subsequently acquired by a NASDAQ-listed company. "William Chen is an entrepreneur with significant experience in Asian and North American business development and management," said President and CEO Bill Liao. "His experience will be instrumental in our development of a leadership position in the digital television market in China." President and CEO Liao also announced that Charles Skeele, who joined Cirmaker last year, has been named General Manager, U.S. Operations. Previously, Mr. Skeele was the CEO and CFO of Cirmaker. A graduate of the Harvard Business School, Mr. Skeele was chief executive officer of Microsource CAD/CAM from 1984 to 1997. Mr. Skeele will work with the company's advisory teams to oversee relations with U.S. investors and development of business opportunities in the U.S. "Cirmaker has demonstrated enterprise and agility in moving from its traditional manufacturing business to specialized product and market development," said Mr. Skeele. "Our management and advisory teams are focused on control, communications and compliance to assure that rapid growth brings financial success." President and CEO Bill Liao said, "Cirmaker is rapidly becoming an international company, supplying set top boxes for digital TVs, cooling systems for personal computers and electrical parts to many continents. We eventually expect to market products directly in the U.S. Therefore, it is necessary for us to begin the planning process to make this expansion a reality. Charlie Skeele's experience in U.S. information technology company management makes him an ideal leader of Cirmaker's U.S. operations. We believe that with the engagement of The Vine Group as strategy and finance advisor; Livingston, Wachtell & Co. as U.S. auditor; Urbach Kahn & Werlin Advisors, Inc. as international tax advisor; and a U.S. legal counsel; we have the right team in place to carry Cirmaker forward in the U.S." Evelyn YK Lee, managing director of the Vine Group, advises Cirmaker on strategic management and on business and financial development. Inthis role, Ms. Lee works with the company's Board to plan the growth and financing of Cirmaker worldwide and to coordinate the efforts of the Vine Group's professional team and Cirmaker's legal and financial partners with company management. The Vine Group specializes in providing strategic, financial and corporate advisory services to Asian-based clients that are publicly listed in North America. Prior to organizing the Vine Group, Ms. Lee was the managing principal for First Venture Fund LLC, a private equity venture fund that focused on seed investments in hi-tech companies. About Cirmaker Technology Corp. Headquartered in Taiwan with offices in New York City, Beijing, and Guangdong province, Cirmaker Technology manufactures cooling systems for laptop and personal computers, electrical and electronic components and 3G MHP (3rd generation multimedia home platform) digital set top boxes for television sets. Cirmaker has developed set top boxes that convert digital television broadcast signals into analog formats so that analog TV sets can receive digital programming. The system also receives, processes, stores and broadcasts analog, digital and streaming media signals, and supports pay-per-view and video-on-demand functions. Cirmaker believes it is the only 3G MHP STB manufacturer operating in China able to produce in volume a device that meets all the required standards of Chinese broadcasting authorities. It also complies with all international HDTV standards for high definition television. Forward Looking Statements The matters discussed in this news release contain forward-looking statements, including statements regarding Cirmaker's ability to be a leader in the digital television market in China and its ability to eventually market its products in the United States. These statements are subject to various risks, uncertainties and other factors that could cause actual results to vary materially from the results anticipated in such forward-looking statements. Such risks, uncertainties and other factors include Cirmaker's potential inability to raise additional capital, its potential inability to compete with other companies that may be more experienced and better capitalized than Cirmaker, changes in domestic and foreign laws, regulations and taxes, changes in economic conditions, uncertainties related to the legal systems in Cirmaker's target markets, including, China's legal system and economic, political and social events in China and other target markets, foreign relations between Taiwan, China and Cirmaker's other potential target markets, a general economic downturn, a downturn in the securities markets, Securities and Exchange Commission regulations which affect trading in the securities of "penny stocks," and other risks and uncertainties detailed from time to time in Cirmaker's filings with the Securities and Exchange Commission. These forward-looking statements represent management's judgment as of the date of this release. Cirmaker disclaims any intent or obligation to update these forward-looking statements. For more information, please contact: Cirmaker Technology Corporation Stern & Co. Charles R. Skeele Truc N. Nguyen General Manager, US Operations VP, Investor Relations Telephone: 917-639-4098 Telephone: 212-888-0044 Email: Email: DATASOURCE: Cirmaker Technology Corp. CONTACT: Charles R. Skeele, General Manager, US Operations, Cirmaker Technology Corporation, +1-917-639-4098, ; Truc N. Nguyen, VP, Investor Relations of Stern & Co., +1-212-888-0044, , for Cirmaker Technology Corp.

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