SiPix Expands Into Asia - Company Announces New Offices Throughout the Region

Apr 11, 2001, 01:00 ET from SiPix Group Limited

    HONG KONG, April 11 /PRNewswire/ -- SiPix, The Digital Imaging Appliance
 Company, today announced the official opening of its Asia-Pacific headquarters
 in Hong Kong. In January, the company opened its worldwide headquarters in
 Milpitas, California, and has recently announced the opening of the European
 headquarters in London.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20010206/SIPIXLOGO )
     In the last two months, the company launched a series of innovative and
 affordable digital cameras and pocket-sized mobile printers aimed at consumers
 and mobile professionals worldwide.
     Backed by a significant first round of US$100 million in funding led by
 Goldman Sachs, the global investment bank, the company has stepped up
 aggressive expansion plans to establish a global presence. In addition to the
 Asia-Pacific headquarters in Hong Kong, SiPix has established additional
 offices in Singapore, Taiwan and Korea.
     Shirley Lin, Goldman Sachs' Managing Director, said, "SiPix has
 demonstrated that they will be leaders in their business, and we are delighted
 to partner with them on this investment."
     Mr. Dan Ting, Chief Operating Officer, said, "The opening of our Asia
 Pacific headquarters and offices in Asia is part of our global expansion plan
 to provide our cutting-edge technology and trend-setting designs to consumers
 and businesses globally."
     SiPix has established a total of five research and development
 laboratories in the United States, China and Taiwan. Currently there are two
 dedicated manufacturing plants in Zhuhai and Shanghai, China. An even larger
 new facility is now under construction in Zhuhai and when completed before the
 end year, SiPix will have the capacity to manufacture approximately one
 million digital imaging appliances per month.
     Ron Glaz, Program Manager at IDC Research Group, the world's leading
 provider of technology intelligence, echoed:  "SiPix is positioned to achieve
 great things. The ability to bring innovative, high quality and affordable
 products to market is a successful combination, and SiPix has that ability.
 The company is in the right space at the right time."
     Mr. Ting adds, "Consumers are looking for digital imaging products that
 they can pick up and use on the first try. SiPix is delivering affordable
 products that are easy and fun for anyone to enjoy, anytime and anywhere in
 the world."
     The company's first suite of new products was unveiled at the PMA
 (Photographic Marketing Association) International Convention and Trade Show
 in Orlando, Florida on February 11-14, 2001. In March, the products were
 announced to Europe at CeBIT 2001 trade fair held in Hannover, Germany. SiPix
 will introduce new and exciting products in June at Computex 2001 in Taipei.
 
     About SiPix Group (Asia Pacific) Limited
     SiPix Group (Asia Pacific) Limited, a wholly owned subsidiary of SiPix
 Group Limited, is a leader in the manufacturing and delivery of digital
 imaging appliances for the consumer market. The company's portfolio of
 innovative and intuitive image capture and image output products provides a
 complete product and service chain, from capture to print, and from hardware
 to media, through trend setting designs, thus enabling the sharing of images
 instantly and globally, at an affordable price for everyone. For more
 information, go to www.sipix.com.
 
 

SOURCE SiPix Group Limited
    HONG KONG, April 11 /PRNewswire/ -- SiPix, The Digital Imaging Appliance
 Company, today announced the official opening of its Asia-Pacific headquarters
 in Hong Kong. In January, the company opened its worldwide headquarters in
 Milpitas, California, and has recently announced the opening of the European
 headquarters in London.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20010206/SIPIXLOGO )
     In the last two months, the company launched a series of innovative and
 affordable digital cameras and pocket-sized mobile printers aimed at consumers
 and mobile professionals worldwide.
     Backed by a significant first round of US$100 million in funding led by
 Goldman Sachs, the global investment bank, the company has stepped up
 aggressive expansion plans to establish a global presence. In addition to the
 Asia-Pacific headquarters in Hong Kong, SiPix has established additional
 offices in Singapore, Taiwan and Korea.
     Shirley Lin, Goldman Sachs' Managing Director, said, "SiPix has
 demonstrated that they will be leaders in their business, and we are delighted
 to partner with them on this investment."
     Mr. Dan Ting, Chief Operating Officer, said, "The opening of our Asia
 Pacific headquarters and offices in Asia is part of our global expansion plan
 to provide our cutting-edge technology and trend-setting designs to consumers
 and businesses globally."
     SiPix has established a total of five research and development
 laboratories in the United States, China and Taiwan. Currently there are two
 dedicated manufacturing plants in Zhuhai and Shanghai, China. An even larger
 new facility is now under construction in Zhuhai and when completed before the
 end year, SiPix will have the capacity to manufacture approximately one
 million digital imaging appliances per month.
     Ron Glaz, Program Manager at IDC Research Group, the world's leading
 provider of technology intelligence, echoed:  "SiPix is positioned to achieve
 great things. The ability to bring innovative, high quality and affordable
 products to market is a successful combination, and SiPix has that ability.
 The company is in the right space at the right time."
     Mr. Ting adds, "Consumers are looking for digital imaging products that
 they can pick up and use on the first try. SiPix is delivering affordable
 products that are easy and fun for anyone to enjoy, anytime and anywhere in
 the world."
     The company's first suite of new products was unveiled at the PMA
 (Photographic Marketing Association) International Convention and Trade Show
 in Orlando, Florida on February 11-14, 2001. In March, the products were
 announced to Europe at CeBIT 2001 trade fair held in Hannover, Germany. SiPix
 will introduce new and exciting products in June at Computex 2001 in Taipei.
 
     About SiPix Group (Asia Pacific) Limited
     SiPix Group (Asia Pacific) Limited, a wholly owned subsidiary of SiPix
 Group Limited, is a leader in the manufacturing and delivery of digital
 imaging appliances for the consumer market. The company's portfolio of
 innovative and intuitive image capture and image output products provides a
 complete product and service chain, from capture to print, and from hardware
 to media, through trend setting designs, thus enabling the sharing of images
 instantly and globally, at an affordable price for everyone. For more
 information, go to www.sipix.com.
 
 SOURCE  SiPix Group Limited