Press Releases: 1998

Walden International Investment Group Announces the Initial Public Offering of Unisem (M) Berhad
(August 3, 1998) Unisem provides a comprehensive range of services including full assembly and packaging of ICs and other semiconductor devices, final technical testing, general and customized packing operations, and drop-shipment services.

Walden International Announces the Initial Public Offering of Acelon Chemicals & Fiber Corporation
(April 4, 1998) Acelon was founded in July 1998 by a small team of engineers and technicians with specialized experiences in nylon fiber production technology and a shared vision of ideas and goals for the industry.

Walden International Announces the Initial Public Offering of Powerchip Semiconductors Corporation
(March 23, 1998) PowerChip was founded by UMAX Data Systems, Inc./EliteGroup Computer Systems (both listed companies in Taiwan) in 1994. PowerChip is focused in the manufacture of 16M and 64M DRAM with technology acquired from Mitsubishi.

Walden International Announces the Initial Public Offering of ZyXEL Communication Corporation
(February 4, 1998) ZyXEL was founded in August 1989 and specializes in remote data transmission with major products comprised of modems, routers, and bridges.