TOPPAN PRINTING INVESTS ADDITIONAL $25 MILLION IN E INK

E Ink and TOPPAN Expand Strategic Partnership; Combine Strengths to Commercialize Electronic Paper

TOKYO, Japan and CAMBRIDGE, MA. - February 4, 2002 – TOPPAN Printing Company, Ltd., the global market share leader for color filter arrays in the flat panel display industry, and E Ink Corporation, the leading developer and marketer of electronic ink technology for paper-like displays, today announced at a press conference in Tokyo a major investment in E Ink by TOPPAN and the significant expansion of their strategic partnership to commercialize electronic paper.

Under terms of the partnership, TOPPAN will manufacture front plane laminate (FPL) products for E Ink's active matrix graphical displays business using electronic ink supplied by E Ink. TOPPAN also will become E Ink's distributor of the FPL product to Japan-based TFT display makers. Additionally, TOPPAN expands upon its initial May 2001 investment of $5 million in E Ink with an additional $25 million.

"Our manufacturing and marketing strengths will help E Ink rapidly commercialize its electronic ink technology," said Mr. Hideaki Kawai, company director and division head of Corporate R&D at TOPPAN. "Our strategic partnership with E Ink is an excellent fit for TOPPAN, benefiting our interests in color filters, publishing markets and printing technologies. TOPPAN will not only be a stockholder in E Ink but will actively participate in bringing ePaper to the marketplace and creating applications for it."

"Our expanded partnership with TOPPAN represents an extraordinary opportunity for E Ink," said Jim Iuliano, president and CEO of E Ink. "Our vision is to bring RadioPaper™ and the concept of information anytime, anywhere, to the world. We are pleased that TOPPAN shares this vision. Given the magnitude of investment and scope of partnership, we expect TOPPAN to substantially strengthen our commercialization plans."

TOPPAN and E Ink announced an agreement in May 2001 to collaborate on the development of a color filter electronic ink solution using color filter arrays. TOPPAN received exclusive global rights to manufacture and supply color filter arrays for electronic ink displays for a certain period of time in addition to investing $5 million in E Ink. The current deal expands their relationship in several areas, including various ePublishing and ePaper applications.

"The relationship with TOPPAN represents a significant asset in the development of our business," said Dan Button, vice president of E Ink's High Resolution Graphical Displays Division. "Not only will it ensure a highly reliable supplier of product, but by collaborating on sales and marketing in Japan with TOPPAN, we expect to get to market quicker and achieve greater growth."

About TOPPAN
Formed in 1900, TOPPAN Printing Co., Ltd. of Tokyo, Japan is a leader in the global printing industry. With its consolidated subsidiaries, TOPPAN had net sales of 1,293 Billion Yen (10.4 Billion US$) with 32,000 employees in fiscal 2000. TOPPAN applies the expertise it has gained from printing in diverse industry sectors that include securities & cards, commercial printing, publications printing, packaging, industrial materials, electronics, business forms and multimedia. For additional information, visit TOPPAN's Web site at www.toppan.co.jp.

About E Ink Holdings
Founded in 1992 by Taiwan's leading papermaking and printing group YFY (1907.TW), E Ink Holdings Inc. "E Ink" (8069.TW) is the pioneer of TFT and ePaper business in Taiwan. Its corporate philosophy aims to deliver revolutionary products, user experiences, and environmental benefits through advanced technology development. This vision has led to its continuous investments in the field of ePaper display as well as its 2008 acquisition of Hydis Technologies, manufacturer of the world's best wide viewing angle LCDs and its 2009 acquisition of E Ink Corp., the worldwide leader in ePaper. Listed in Taiwan's GreTai Securities Market and the Luxembourg market, E Ink is now the world's largest supplier of displays to the eBook market. For corporate information, please visit www.einkgroup.com; for EPD information, please visit www.eink.com / tw.eink.com; and for FFS information, please visit www.hydis.com.