Press Release on AUG 31, 2001

Q9 2001 Version in Simplified Chinese Characters Incorporates Company's Philosophy of Producing User-Friendly Products to Penetrate the PRC Market

(August 28, 2001, Hong Kong) - Q9 Technology Holdings Limited ("Q9" or "the Company"; Stock code: 8129) announced the launch of the Q9 Chinese Input System ("CIS") 2001 in Simplified Chinese Characters ("Q9CIS - SCC") to facilitate penetration into the PRC market.

The new version of the Q9CIS has incorporated the company objectives to produce "easy to use" and "easy to learn" products as well as transforming the new features of Q9CIS (HK Version) into Q9CIS - SCC, which includes Q9 Stroke Input, Chinese dictionary, English to Chinese dictionary and interactive games, etc. The Company aims to create a version with much value added services in order to capture all the different demographics of the PRC. As a user-friendly Chinese input system and an effective learning tool, the Company strives to become the preferred and favorable Chinese input system for various platforms and products.

Following the successful marketing and promotion plans for the Hong Kong market, Q9 will continue to use direct selling and promotional activities to focus primarily on original equipment manufacturers ("OEM"), enterprises, governments, banks and educational institutions. In addition, the Company will set up additional distribution channels designated at locations well known for computer software products by consumers in order to aggressively develop the PRC market. The company has already set up office in Shenzhen and plans to set up more offices in other cities to further strengthen

marketing efforts in the PRC. As an effort to increase popularity, the Company will participate in The Exhibition of 2001 Guangzhou International Information Technology Industry in Guangzhou during the 27th to 30th of this month, as well as the China Hi-Tech Fair ComNet Shenzhen' 2001 to be held in October. The Company has other innovative marketing strategies, such as negotiating with a well-known Internet portal in the PRC to jointly organize a Q9 Chinese Input Competition, to further promote usage of Q9-SCC.

The Company has entered into licensing agreements with Hisense Group Company Limited, Xiamen Overseas Chinese Electronic Incorporation Limited, China Kejian Corporation Limited, TCL Holdings Company Limited and ZTE Corporation Mobile Communications Group Shanghai No.2 Research Institute.

Regarding the development of the PRC market, Mr. Mark Leung, Chairman of Q9 said, "China is the most crucial market of the Group. Most of the 1.3 billion populations merely rely on Chinese as the tool of writing and communication. China lacks the input system that can operate on various platforms and products. Q9 CIS is a good match with this fast growing market. Q9 CIS is widely applicable to various platforms and is gaining popularity in the region. Q9 CIS will be the most commonly-used and preferred Chinese input in the near future.''

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Company Background:

Q9 Technology Holdings Limited is one of the leading technological companies in software and embedded systems development. The group's principal technological innovation is its "matrix mapping system" for inputting text and other data and operating the functions and features of small and medium sized electronic devices.

For further information, please contact:
Q9 Technology Holdings Limited
Nicole Pang

c/o iPR ASIA LTD
Fritz Chen/ Joyce Wu/ Natalie Tam