Press Release

E INK, TOPPAN AND PHILIPS TO PARTICIPATE IN FLAT PANEL DISPLAY EXHIBITION & SEMINAR IN JAPAN

E Ink and TOPPAN to Jointly Exhibit Latest Technology Developments; E Ink and Philips to Present on the Commercialization of Paper-Like Displays for Mobile Appliances at LCD/PDP International 2002

Cambridge, MA. - October 22, 2002 – E Ink Corporation, the leading developer and marketer of electronic ink technology for paper-like displays, today announced its first display industry exhibition in Japan with manufacturing, development and marketing partner TOPPAN Printing Company. E Ink also announced that John Ritter, senior director of platform development at E Ink, and Peter Kurstjens, general manager, Electronic Ink Displays at Royal Philips Electronics, will make a joint presentation at this year's LCD/PDP International Exhibition & Seminar.

This year's Exhibition & Seminar, themed "Displaying the Future," will take place October 30 - November 1 at the Pacifico Yokohama Exhibition Hall in Yokohama, Japan. E Ink will be exhibiting a range of prototypes using the company's proprietary ink technology, with partner TOPPAN Printing in booth #273.

The presentation, titled "Development of Electronic Ink Displays for Mobile Appliances," will discuss the progress of Philips' and E Ink's joint development effort to commercialize paper-like displays, and review their benefits for highly portable mobile devices. It will be presented in the FPDs for Mobile Applications (2) session on Friday, November 1 between 9:30am and 12:30pm.

"The benefits of electronic ink display technology have gained heightened visibility and interest over the past few years," said Ritter. "In our joint presentation with Philips, we will respond to this interest by discussing our commercialization plans as well as the attributes of electronic ink and how it is perfectly suited for next-generation mobile displays."

Philips made a strategic investment in E Ink in February 2001, and the two companies started working together to jointly advance E Ink's research and development. In March 2002, E Ink and Philips announced the completion of the first phase of their joint development agreement (JDA) and stated their intention to commit additional spending and complete joint development and commercialization of high-resolution electronic ink displays in 2003.

TOPPAN and E Ink significantly expanded their strategic partnership in February 2002. Under the terms of the partnership, TOPPAN will manufacture frontplane laminate (FPL) products for E Ink's high-resolution active matrix 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. This expanded relationship added to an original $5 million investment a year earlier in E Ink with an additional $25 million.

In July of 2002 E Ink, Toppan and Philips announced the demonstration of the world's first high-resolution, active-matrix color display developed with electronic ink.

"LCD/PDP is a timely opportunity for E Ink and our partners to highlight the synergy of our relationship," said Daniel P. Button, vice president of E Ink's Matrix business serving high resolution, graphical applications. "We anticipate bringing our first high resolution, 'paper-like' product to market in 2003. Like our participation at this show, this product introduction combines the best assets of the three companies."

About Philips
Royal Philips Electronics of the Netherlands is one of the world's biggest electronics companies and Europe's largest, with sales of EUR 32.3 billion in 2001. It is a global leader in color television sets, lighting, electric shavers, medical diagnostic imaging and patient monitoring, and one-chip TV products. Its 186,000 employees in more than 60 countries are active in the areas of lighting, consumer electronics, domestic appliances, components, semiconductors, and medical systems. Philips is quoted on the NYSE (symbol: PHG), London, Frankfurt, Amsterdam and other stock exchanges. News from Philips is located at www.philips.com/InformationCenter/NewsCenter.com.

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 1,296 Billion Yen (9.8 Billion US$) with 31, 610 employees in fiscal 2001. 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/english.

About LCD/PDP International
LCD/PDP International is organized by Nikkei Business Publications, Inc. (Nikkei BP), supported by the Ministry of Economy, Trade and Industry (METI), and specially collaborated by The Society for Information Display (SID). It is also collaborated by Semiconductor Equipment Association of Japan (SEAJ), Digital Content Association of Japan, Database Promotion Center, Japanese Liquid Crystal Society and Taiwan Electrical and Electronic Manufacturer's Association (TEEMA). Prospective visitors include engineers and managers of various kinds of FPD Module makes, manufacturing equipment makers, parts and materials makers, and inspection equipment makers + engineers and managers engaged in development/design of products and systems that use FPD modules. For more information, visit the LCD/PDP International Web site at http://expo.nikkeibp.co.jp/lcd/exhibit/e/index.html.

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.