Cirmaker Announces Entry Into the Voice Over Internet Protocol Market With Its New Product: FreePhone

Cirmaker Announces Entry Into the Voice Over Internet Protocol Market With Its New Product: FreePhone

United States Market Potential of 17.5 Million VoIP Customers by 2008

Company Continues to Expand Product Offerings In North America and the United Kingdom

NEW YORK, Jan. 26 /PRNewswire-FirstCall/ -- Cirmaker Technology Corp. (BULLETIN BOARD: CRKT) , which manufactures set top boxes (STB's) for digital TV signal reception, LCD flat screens for televisions and PC's, CPU coolers for computers and electronic components, today announced its entry into the Voice over Internet Protocol (VoIP) market, with the introduction of its FreePhone product line.

Chief Executive Officer and President of Cirmaker Technology, Bill Liao said, "Cirmaker is entering the VoIP market, at a time when the general public understands its technology, and is open to embracing new telephone options. VoIP has great potential to transform the telecommunications industry. Our VoIP FreePhone is able to replace traditional phone service, by providing customers with traditional phone services, data transmission and voice fax transfer capabilities."

Mr. Liao continued, "Customers will benefit from a significant cost savings in telephone services, as calls between FreePhone VoIP users will be free, at anytime, to anywhere, while calls from the FreePhone to traditional telephones will cost approximately 80% less than services rendered from a traditional telephone company. Company's will benefit from implementing the FreePhone VoIP system, as they could eliminate expensive Public Switched Telephone Networks (PSTN) obtained through major telephone companies, which is the common telecommunications platform used today. A recent study from the Yankee Group indicates that the number of VoIP subscribers will increase to approximately 17.5 million by 2008. Initially, the Company plans to distribute the FreePhone product in North America and the United Kingdom. Cirmaker plans to market the VoIP product through various marketing outlets, including electronic chain stores, home shopping networks, it's Web site and direct sales. The FreePhone product will be manufactured in Cirmaker's factories and will have a suggested retail price of $100 USD."

Cirmaker's FreePhone will offer customers revolutionary technology and it will have superior features such as speed dialing, call records, speaker phone, redial, hold, and prepaid call balance information.

About Cirmaker Technology Corp.

Headquartered in Taiwan with offices in New York City, London, Beijing, and Guangdong province, Cirmaker Technology manufactures 3G MHP (3rd generation multimedia home platform) digital set top boxes for television sets, LCD flat screens for televisions and PC's, cooling systems for laptop and personal computers, VoIP FreePhone telephone, electrical and electronic components. Cirmaker has developed set top boxes that convert digital television broadcast signals into analog formats so that analog TV sets can receive digital programming. The system also receives, processes, stores and broadcasts analog, digital and streaming media signals, and supports pay-per- view and video-on-demand functions. Cirmaker believes it is the only 3G MHP STB manufacturer operating in China able to produce in volume a device that meets all the required standards of Chinese broadcasting authorities. It also complies with all international HDTV standards for high definition television.

The Company's subsidiary, Shaanxi New Century Electronic Co., produces a new generation satellite set top box that converts digital television broadcast signals into analog formats so that analog TV sets can receive digital programming. This device meets all the required standards of Chinese broadcasting authorities. Because the Chinese government plans to change all TV broadcast signals from analog to digital, there is a significant demand in Mainland China for this product.

For further information on Cirmaker Technology Corp., please visit http://www.cirmaker.com.tw/ .

Forward Looking Statements

The matters discussed in this news release contain forward-looking statements, including statements regarding the demand for set top box satellite receivers in China, future sales made by Cirmaker in China, and the potential success of the strategic alliance between Shaanxi Ruyi Electric Co. and Cirmaker. This release also contains forward-looking statements regarding to Cirmaker's VoIP products, plans, expectations and intentions, including statements relating to Cirmaker's FreePhone product line, and the characteristics, advantages and potential success of such products and services. These statements are subject to various risks, uncertainties and other factors that could cause actual results to vary materially from the results anticipated in such forward-looking statements. Such risks, uncertainties and other factors include Cirmaker's potential inability to raise additional capital, the potential breach by the counterparty to the sales agreement of its obligations to buy satellite receivers there under, Cirmaker's potential inability to compete with other companies that may be more experienced and better capitalized than Cirmaker, changes in domestic and foreign laws, regulations and taxes, changes in economic conditions, uncertainties related to the legal systems in Cirmaker's target markets, including, China's legal system and economic, political and social events in China and other target markets, foreign relations between Taiwan, China and Cirmaker's other potential target markets, a general economic downturn, a downturn in the securities markets, Securities and Exchange Commission regulations which affect trading in the securities of "penny stocks," and other risks and uncertainties detailed from time to time in Cirmaker's filings with the Securities and Exchange Commission. These forward-looking statements represent management's judgment as of the date of this release. Cirmaker disclaims any intent or obligation to update these forward-looking statements.

You may register to receive Cirmaker's future press releases and to be added to the company's distribution list by visiting: http://www.roiny.com/form.php .

For more information, please contact:
Company Contact:
Cirmaker Technology Corporation
Charles R. Skeele
General Manager
Telephone: 917-639-4098
Email: cskeele@cirmaker.com.tw

Investor Relations Contact:
ROI Group Associates, Inc.
39 Broadway, Suite 2410
New York, NY 10006
Sarah Shepard
Vice President
Telephone: (212) 495-0200, ext. 17
Fax: (212) 495-0746
Email: sshepard@roiny.comhttp://www.roiny.com/


Source: Cirmaker Technology Corp.

CONTACT: Charles R. Skeele, General Manager of Cirmaker Technology
Corporation, +1-917-639-4098 or cskeele@cirmaker.com.tw; or Investors, Sarah
Shepard, Vice President of ROI Group Associates, Inc., +1-212-495-0200, ext.
17, Fax: +1-212-495-0746, or sshepard@roiny.com

Web site: http://www.cirmaker.com.tw/


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