Dear Valued Customer,

With effect from 1st January 2009, IPT-POWER ASIA PACIFIC Pte Ltd will complete a joint venture with Mechantronic Automation (S) Pte Ltd and ORS-O Raddas Services Pty Ltd. We are happy to report that upon completed, this new organization will offer comprehensive one-stop solutions for our clients of both companies.

As part of this joint venture, we will continue to provide you with world-class technology and an unprecedented array of compelling products, solutions and services. Please visit the IPT-Power Web site at www.ipt.com.sg in a few weeks for more information about products, services and support.

Additional service and product improvements we have realized through this joint venture will be announced shortly. Also, over the coming months you will see a new look for our corporate identity and improvements in the Web site and the other tools that we will continue to use to increase our customer support and satisfaction.

Please direct any questions or concerns to your current IPT-Power contacts as all personnel contacts and their phone numbers will remain the same.

On behalf of everyone at the IPT-Power, we would like to thank you for your business. We are committed to building a new kind of company that helps your business grow and prosper.

Warm regards,