HTC Investors

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HTC Board of Directors Makes a Resolution to Cancel the project of new common shares issuance for overseas DR offering.
1.Date of occurrence of the event:2006/08/23 

2.Name of the company:High Tech Computer Corp. 

3.Relationship to the company (listed company or affiliated company): listed company 

4.The shareholding ratios of mutual holding:N/A 

5.Cause of occurrence:HTC new common shares issuance for overseas DR offering was proved by the Financial Supervisory Commission, Executive Yuan. Considering global financial instability, HTC Board of Directors has approved to cancel the project of new common shares issuance for overseas DR offering, and will immediately report to government for the cancellation as well.
In the future, if there is any requirement for further development of the company, HTC will evaluate possible funding approaches. 

6.Countermeasures:N/A 

7.Any other matters that need to be specified:N/A