CipherLab Board Approves Plan to Buy Back Shares

2008-09-01

Taipei, Taiwan, R.O.C., Sep. 1, 2008 – CipherLab’s Board of Directors today approved a plan to repurchase up to NT$ 130 million, or no more than 2 million shares, or account for 2.82% , of the Company’s common shares from the open market. CipherLab plans to buy back shares at a price in the range of NT$45 to NT$65 per share from September 2 to November 1, 2008. This is the first share buy-back program announced by the company and the sole purpose of this buy back is reserved to transfer to employees.

Media Contacts:
George Tan/ Spokesman
+886-2-8647-1166
IR@cipherlab.com.tw