The Hungarian - Hong Kong Innovative Business Council signing ceremony
(Hong Kong, 14 March 2006)

Paul Kan, Chairman of Champion Technology Holdings Limited (SEHK: 092), also Chairman of Hong Kong Information Technology Industry Council and Hong Kong IT Alliance, announced the birth of Hungarian – Hong Kong Innovative Business Council jointly with Antal Kuthy, CEO and President of E-Group Hungary Plc, also a board member of Hungarian Association of IT Companies; Mr Mihály Jambrik, Administrative State Secretary of Hungarian Ministry of Informatics and Communications; István Darvasi, Consul General of Hungary, Hong Kong SAR and Alan Wong, Deputy Executive Director of Hong Kong Trade Development Council.