CEO Changed which has been resolved by the BOD

Subject: Change of CEO which has been resolved by Board of Directors of the Company.

Date of events: 2013/11/05

Contents:

1. Type of personnel changed (please enter: spokesperson, acting spokesperson, important personnel (CEO, COO, CMO, CSO, etc.), financial officer, accounting officer, research and development officer, or internal audit officer): CEO

2. Date of occurrence of the change: 2013/11/05

3. Name, title, and resume of the replaced person: J.T. Wang, originally was CEO

4. Name, title, and resume of the replacement: Jim Wong, originally was Corp. President

5. Type of the change (please enter: "resignation", "position adjustment", "dismissal", "retirement", "death" or "new replacement" ): Resignation

6. Reason for the change: Resignation

7. Effective date: 2014/01/01

8. Any other matters that need to be specified: None