Evalue Technologies and BCM Advanced Research to Combine Operations

Irvine, California – July 25, 2006 –BCM Advanced Research (“BCM”) today announced that it has entered into a Letter of Agreement to be purchased by Evalue Technology, Inc. ("Evalue"), a world-class provider of embedded single board computers (SBC), SOM-ETX, long-life motherboards, PC/104, Panel PCs, and Barebone systems.

BCM is a well known provider of industrial motherboards with 16 years experience in motherboard design and manufacturing.  It specializes in providing custom and off-the-shelf industrial motherboards with an emphasis on long lifecycle, customization, revision-control, and an emphasis on local engineering and design support.

The merging of the two companies creates one of the industry’s broadest offerings of embedded computing products and industrial motherboards from a single company with engineering design and support expertise across the entire product line.  This merger is expected to yield many positive results to both Evalue and BCM customers offering more products, enhanced design services, and superior local support. 

Alice Liu, President of Evalue commented: "By combining our organizations we have created a leading provider of both small footprint embedded PC boards like SBC’s and larger industrial motherboards, not only in product depth, but two leading experts in both fields making us truly a unique specialist in the embedded PC industry.  This allows us to service our customer like no other provider can and we think our customers will be very happy with this level of service”.

Ray Wang, President of BCM elaborated: "We are very excited about joining forces with Evalue. The two organizations compliment each other, having similar business models, strong representation within their respected fields of expertise, and a passion to be the best. Combining the two companies truly creates a solid foundation for future growth. In addition, the strengths of the companies are a good match providing a number of operational and sales synergies which we expect will allow us to enhance the performance of the combined company."

The Letter of Agreement has received unanimous board of director approval by the Board of Directors of the respective companies. The parties intend to close the transaction no later than July 25, 2006.  The merged entity will be headquartered in Taipei, Taiwan and will retain both the Evalue US office located in Tinton Falls, New Jersey and the BCM office in Irvine, California.  In the short term the companies will be operating in a business as usual fashion.  Customers should continue to correspond as usual with their respective contacts and expect no changes or disruptions in service or policy.