Acer to acquire E-TEN

Bangalore

March 5th, 2008

Acer announced it has entered into a definitive agreement to acquire
Taiwan-based E-TEN Information Systems, designer and manufacturer of smart
handheld devices.

According to the agreement, Acer will offer a share exchange with ratio of 1:
1.07 for all the outstanding shares of E-TEN, which represents total equity
value consideration of approximately NT$9 billion. The new issued shares will
represent approximately 6 per cent of total Acer outstanding shares.

"This strategic transaction is yet another important milestone in Acer's
long history of innovation," said JT Wang, chairman and CEO of Acer Inc.
"The acquisition of E-TEN increases Acer's global footprint by giving us a
strong and highly credible presence in the mobility segment."

The acquisition has been approved by the boards of directors of both E-TEN
and Acer and is subject to standard closing conditions, including obtaining
approval from shareholders meetings and the governmental regulators. The
acquisition is expected to close by Q3 2008.

"The worldwide smart phone market is estimated to grow by more than 30
per cent by 2011," added Gianfranco Lanci, president of Acer Inc.
"Acer will enhance the competitiveness in the ultra mobile segment, by
combining PC and communication technologies".

In 2006, in recognition of the fact that its consumer orientated devices were
proving just as successful as the company's IT centric product lines, E-TEN
showed its commitment to the consumer sector by adopting the new brand name,
Glofiish, for its Pocket PC Phones and accessories.

The acquisition of E-TEN will allow Acer to play a key role in the
development of the dynamic, fast-evolving market of smart handheld devices as
well as ultra mobile devices in the future and will help bring Acer's cutting
edge mobile solutions to an even wider audience.