Young Fast Optoelectronics Inc., and AIS Corporation sign MOU for tablet size glass capacitive touch panel alliance

Taoyuan, Taiwan, June 8, 2010, Young Fast Optoelectronics Co., Ltd. (YFO), a leading touch panel supplier, and AIS Corporation (AIS), a leading color filter and glass touch sensor maker in Aomori, Japan, have signed a MOU for mid size glass capacitive touch panel cooperation. YFO will invest in AIS as a cooperation partner, while AIS guarantees capacity of sheet glass touch panels to YFO.

The alliance is aiming for the projected explosive tablet size touch panel market. YFO will be able to secure glass sensor capacity through the investment, and AIS will reserve at least 20,000 sheets of its production capacity, roughly equalizing 160,000 pieces of 10” touch panels, for YFO. The alliance ensures YFO flexible production capacity and even more competitive products for customers. AIS already possesses various sizes of sheet glass lines, ranging from 370mmx470mm up to 550mmx650mm, for color filter and touch panel, and the technical team have experience in producing ditto touch sensors!

Mr. T.J. Lin, CEO of YFO said "We have seen increasingly stronger market demand for mid size applications. This investment allows us to offer glass based mid-size panels, combing existing film based product line; YFO now has complete product offerings for the mid-size market.” “Furthermore, the off-line design of AIS production process provides the flexibility for product changes, which, is crucial in the mobile market. Explained T.J. Lin, ‘to meet the fast changing market dynamics, quick response and efficient line changes are keys to the success of TP a company. We have been very impressed with the technologies and the quick response from AIS in several of our join projects; the alliance will further enhance our relationships and benefits both companies in the tablet touch panel market.”

Mr. Toshihiro Hanada, President of AIS stated “We have been in the LCD display industry for a decade, and developed advanced processing technologies, including Double Side ITO (DITTO) for TP. AIS’ advanced production line is highly efficient for mid size touch panel productions.” “Combing our technologies and YFO large volume and efficient backend production capacity, the alliance enables both companies to penetrate the emerging mid size glass capacitive market providing the most cost effective solution. The alliance combines resources from both companies further increase efficiency for the development of next generation products.”

The investment is subject to be approved by YFO’s and AIS’ board respectively!

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About Young Fast Optoelectronics co., Ltd.

Young Fast Optoelectronics Co., Ltd. (TW: 3622) is a worldwide leader in design and manufacturing of premium touch panel sensors! A Taiwan based company, Young Fast has facilities in Taoyuan (Taiwan), Shenzhen (China), Huizhou (China), and Hanoi (Vietnam), is supplying high-end touch panels to top tier customers in the applications of mobile phones, navigation devices, notebook computers, and various other devices.

Dedicated in small to medium-size touch panels, YFO introduced resistive type lens touch in 2007 and designed in most of the major mobile phone makers. In 2009, YFO begins to mass production capacitive type touch panels to its major customers as well. YFO holds 10m pieces per month capacity, and expanding its capacity in Hanoi.

For further information, please contact

Kan Chang, VP of Marketing

+886-3-483366x168

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AIS Corporation

AIS Corporation, established in 2000, is located in the Crystal Valley of Aomori, Japan and is the leading color filter supplier in Japan market. Utilizing its production facility, technology and process, AIS diversified to other products, including glass touch sensor, digital signage, and 3D display, since 2009.