"The principal focus of RCG has been on achieving acknowledged excellence as a total biometric and RFID application solutions provider in order to maximize the benefit from the increase in global demand for better security.

Bringing biometrics into everyday use will continue to be RCG's major focus. We will also continue to perfect the combined RFID/biometric concept to deliver to our customers the very best in security solutions. Our expansion in the last few years has reflected an ambitious but financially prudent policy.

In order to ensure RCG's long-term development, we will continue to our intensive efforts to expand into the global market through our extensive line of products and solutions, which are suitable not only for high security requirements, but also for commercial and consumer demands. In addition to our continued focus on Southeast Asia and the Middle East, the latter of which we have already made considerable progress in establishing a foothold in the market, we have now embarked on an aggressive and strategic policy of further penetrating into the lucrative PRC market.

We also continue to believe that selective acquisitions of companies with synergistic or strategic value will help to accelerate the Group's expansion.

On behalf of the Board, I would like to take this opportunity to express my sincere gratitude to our customers, business partners, associates and shareholders for their continuous support. Last but not least, I would also like to thank everyone in the Group for their concerted efforts and relentless dedication to the growth and development of our business."