NeoDigits launches new corporate name - Helios Labs Technology Ltd.

Hong Kong - Monday, January 22, 2007 - NeoDigits, the leading provider of total network media solutions to the digital home entertainment market, today announced that the onset of 2007 marks the launch of their company under a new name - Helios Labs Technology Ltd.

Jean Chen, Managing Director for Helios Labs comments, "We have come a long way since we were established in 2003. We have stayed true to our goal of delivering  innovative products that embrace the digital revolution and enable our customers to fuse their audiovisual home theater experiences with their internet-based digital entertainment experiences."

With increasing focus on the emerging digital connected consumer market, Helios Labs is poised to take advantage of this industry-wide revolution and to position itself as a leader in the digital home entertainment segment. 

Chen remarks, "The launch of Helios Labs marks our reinforced focus towards our vision of a total networked digital home - tied together under one name, HELIOS."

In 2006, Helios Labs successfully launched their HELIOS HD Network Media Players. With LAN, Wi-Fi and USB ports for total connectivity with PCs, other digital media devices and the Internet; The X3000 and the X5000 change the way consumers manage, access and enjoy all their multimedia, giving consumers total freedom to enjoy them in superior audio and high-definition video quality anywhere in (and beyond) the home.

Helios Labs' flagship player, the X5000 HD Network Media Player, is the only network media player in the market that caters especially to audio and videophiles.

Chen remarks, "With such positive and promising reception of the network media players by consumers and third party media, we are really excited about even greater market opportunities and are now confident in serving that market. We have gained such valuable insight of market needs from our customer base, our most valuable asset; their feedback will continue to guide all our R&D efforts. In the pipeline for Helios Labs to release in the coming months are two new products with simple user-friendly features to maximize user experiences."

She adds, "Our HD Network Media Players are just the beginning. 2007 promises to be even more exciting as we prepare to roll out newer and even more dynamic products that will bring us closer to that vision, and revolutionize all our digital experiences."