SINGULUS TECHNOLOGIES: Triumph Successfully Completes First Stage of Bidding Process

Triumph Science and Technology Group Co., Ltd., China, (“Triumph”), informed the Company today that the public offer period for the bidding process has expired and that Triumph has received offers from interested investors to acquire the approximately 1.5 million shares (approx. 16.75%) held by Triumph. The first stage of the bidding process has thus been successfully completed. Triumph will now proceed with reviewing the documents received in accordance with the regulations applicable to Triumph. Triumph reserves the right to state that this subsequent process does not necessarily have to lead to a transaction.
SINGULUS TECHNOLOGIES will be notified by Triumph should the sale of the shares in question be successfully completed.