DragonVenture Inks Engagement Agreements with Emerging Technology Companies in Greater China

SAN JOSE, Calif. August 21, 2001 — DragonVenture, Inc. (www.dragonventure.com), a premier cross-Pacific venture capital, soft incubation and consulting company, today announced it has signed engagement letters with Micro3, DigiArk, Topwalk, and EE Solutions. DragonVenture will provide strategic direction and source business development partnerships in the United States and Greater China for the newly engaged companies.

"The emerging tech sector in Greater China will have profound impacts on the Chinese economy, and will also stimulate new commerce opportunities in the United States," said Tony Luh, managing partner of DragonVenture. "By focusing our efforts on key cross-pacific markets, DragonVenture has become the premier resource for companies seeking contention in the global economy."

According to terms in the engagement agreements, DragonVenture will provide counsel to its clients and is also commissioned to source partners for them as they expand their cross Pacific business strategies. The agreements with U.S. - based Micro 3, China-based DigiArk and Topwalk, and Taiwan-based EE Solutions could translate into several million dollars for DragonVenture.

About DragonVenture, Inc.
Launched in June 2000, DragonVenture, Inc. is a premier cross-Pacific venture capital, soft incubation and consulting company specializing in the Greater China marketplace. DragonVenture focuses on emerging companies in the areas of telecommunications, Internet infrastructure and the Linux operating environment. The company provides startup and soft incubation consulting to its portfolio companies. DragonVenture, Inc. is located at 20 Great Oaks Blvd. Suite 130, San Jose, CA 95119. For more information visit www.dragonventure.com

About Micro3
Micro3 offers a powerful and effective channel for product sell-through. Its broad and diverse opt-in email list ensures a swift return on investment, dramatically cutting marketing costs and reducing time to market. For more information please visit www.micro3.com.

About DigiArk
DigiArk focuses on the development of information systems that are unique to China and that can leverage system integration experiences in particular fields of interest. Two of the company's better-known software projects include a unique E-Book system and a Web-based Geographical Information System (WebGIS). In collaboration with Adobe's PDF system, the E-Book system provides content management solutions to allow large amounts of scanned Chinese text to be automatically stored, laid out, and indexed. DigiArk's work on WebGIS provides comprehensive solutions to provide geographical information about the relationship of cities in China. Several U.S. corporations, including BroadVision and China DotCom, have expressed interest in working with DigiArk in both system integration related areas as well as software development. DigiArk was founded in December 1999 and is located in Beijing's Zhongguancun ( ZGC) Science and Technology Park. For more information please visit www.digiark.com

About TopWalk
Topwalk is the leading network security service provider in Beijing providing 24-hour emergency security response and security policy consulting. Topwalk produces a suite of Linux- based security software including firewall, intrusion detection, and security policy. Topwalk is a world-class designer of "physical isolation" solutions and is one of the only companies certified for use in Chinese government agencies. For more information, please visit www.topwalk.com

About EE Solutions
EE-Solutions is a leading IC design methodology provider that provides state of art SoC design outsourcing as well as access to Foundry through its extensive partners in Asia. EE Solutions has design/service centers in San Jose, Toronto, Singapore and Shanghai. For more information, please visit www.e2-solutions.com