KanHan ranked top 10 in the Asia-pacific Technology fast 500 programme of Deloitte Touche Tohmatsu

(Hong Kong, 11 December 2003) - KanHan Technologies Limited (KanHan) announced it has been ranked the Top 10 in the Asia-Pacific Technology Fast 500 Programme compiled by Deloitte Touche Tohmatsu ("DTT"). According to DTT, KanHan achieves substantial revenue growth over the past 3 years. KanHan is the only Hong Kong based IT company to achieve the Top 10 ranking in the award.

The announcement of a list of chosen companies came out on 11 December, 2003. The DTT program has a set of criteria such as minimum three years of business history with certain revenue size. The company must also be headquartered in Asia or majority owned by Asian interest.

According to the DTT description, "Asia Pacific Technology Fast 500 is a ranking of fast growing technology companies in Asia Pacific. It includes all areas of technology, from Internet to life sciences, computers to semiconductors. It includes both public and private companies. A position in the Fast 500 helps companies to create awareness, build credibility, attract business partners, increase employee pride and generate tremendous media coverage".

Commenting on the award, Mr. Lawrence Mo, Chief Executive Officer of KanHan said, "We are honored to be on the list of the DTT Asia-Pacific Technology Fast 500 Program. Against the backdrop of current year economic condition, we still have achieved certain business, business alliance and software development objectives. We are confident that we will be well positioned to capture business opportunities in 2004. This award comes in timely to boost our confidence on our future business development."

The Group is set to capitalize its technology strength in the PRC market. In October, 2003, the Group signed up Shanghai's Imon Technology Co., Ltd. as a reseller for its technology advanced products (HanPHONE, HanVOICE and HanWEB ) in Eastern China. The Group partnered with 21CN, a leading PRC integrated Internet entertainment services provider, to launch "Real-time Voice Message" and "DIY Ring-tone" services for mobile phones market in China.

For local market, the Group worked with ESDlife to resell online Web-to-Speech technology on Putonghua training as well as building up a phone portal to capture increasing popular football information and mobile phone portal demand.