Profit Guidance For Second Quarter Ended 30 June 2008

The Board of Directors of Excelpoint Technology Limited (the "Group") wishes to provide guidance with respect to the Group's financial results for the second quarter of the financial year ended 30 June 2008 ("2Q08").

After evaluating its performance in 2Q08, the Group expects that it will register a net loss in the second quarter of the current financial year compared to a net profit of US$0.3 million in the comparative period ended 30 June 2007.

The Group's performance in 2Q08 was affected by the economic slow-down, higher operating costs and provisions arising from stock obsolescence.

Details of the Group's financial performance will be disclosed when its 2Q08 results are announced.


BY ORDER OF THE BOARD


Wong Yoen Har
Company Secretary
21 July 2008