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Epistar and Lynk Labs Sign Equity Investment & Licensing Agreement

Oct 13, 2009

Epistar


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Hsinchu, Taiwan – October 13, 2009 –Epistar Corporation, Taiwan’s largest LED
epiwafer and chip maker has entered into a strategic equity investment and license
agreement with Lynk Labs Inc., the leading supplier of AC LED device, light engine and
power supply technology. Terms of the deal were not disclosed.

Lynk Labs has been building an LED technology patent and product portfolio since 2002
with a focus on AC LED technology. The portfolio includes fundamental core AC
LED circuits that can be integrated at the chip level as well as drive methods and
product or system level solutions. With over 50 patents filed to date and
granted with the company’s first U.S. Patent, No. 7,489,086 entitled “AC light emitting
diode and AC LED drive methods and apparatus" early this year, see
http://www.ledsmagazine.com/news/6/2/7, Lynk will soon be announcing more
approvals in major international markets.

In March 2009, Epistar announced plans to enter the AC LED market with single-chip AC
LED technology, see http://www.ledsmagazine.com/news/6/3/5 . The company has
been developing AC LED chips since 2004 and has also filed more than 10 patent
applications in related fields. Last year, Epistar obtained a patent license from ITRI, the
Taiwan-based Industrial Technology Research Institute also developing chip-level
advancements in AC LED technology.

Through this strategic partnership, Epistar and Lynk will be sharing and leveraging
technology, expertise from both companies to develop new AC LED technology, and IP
and products including single-chip and system level solutions for the lighting industry
according to Lynk Labs. “We’re honored to have Epistar as an investor and strategic
partner. Having access to Epistar’s chip-level design and manufacturing expertise will
allow us to advance AC LED technology as well as accelerate its adoption into all areas of
lighting where AC LEDs can deliver an advantage” said Mike Miskin, Lynk Labs’
President/CEO.

AC LED technology based products continue to show advantages over DC in many
applications when being integrated into the AC power infrastructure. “AC LED
technology creates a new era in the industry and Lynk Labs has been the pioneer driving
AC LEDs into the market for many years now” said Dr. B.J. Lee, Chairman of Epistar.
“We are very pleased and excited about entering into this strategic partnership with Lynk
Labs to join resources and bring to market next generation AC LED based technology
products” said Dr. Lee.

For further information, please contact:

Epistar Corporation
5 Li-hsin 5th Rd.,
Science-based Industrial Park,
Hsinchu, Taiwan 300, R.O.C.
TEL:886-3-578-3078
FAX:886-3578-3080
www.epistar.com.tw/

Lynk Labs Inc.
2511 Technology Drive
Elgin IL 60124
Tel: 847.783.0123
Fax: 847.783.0130
Email: acled@lynklabs.com
Web: www.lynklabs.com

About Epistar Corporation
Epistar Corporation, headquartered in the Hsinchu Science-based Industrial Park,
Taiwan since September 1996, focuses on developing, manufacturing and
marketing high brightness Light Emitting Diode (LED) products. Applying its own
proprietary Metal Organic Vapor Phase Epitaxy (MOVPE) technology, Epistar has
successfully commercialized the full spectrum range of high brightness LEDs with
the characteristics of compact size, low power consumption and long operation life.
For further information, please visit: www.epistar.com.tw/news-e.htm

About Lynk Labs, Inc.
Lynk Labs Inc., headquartered in Elgin IL USA, since September 1997 is the leading
developer and manufacturer of patented AC LED technology and other patented LED
lighting system solutions including display and communication markets. Lynk Labs
provides OEMs with LED bulbs, modules, power supplies or total solutions for LED
lighting system applications in general and specialty lighting.



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