Grand Opening of IPE Montreal Office

April 18, 2007

Dear friends,

We are delighted to announce the opening of IPE Logistics (Canada) Inc. Montreal Office on this 18th day of April, 2007. The new IPE Montreal Office will extend IPE network to Quebec Province and even further to cover Canada East Coast. We believe our IPE Montreal Office will be a great asset to the whole IPE network including our overseas agents and our clients.

Please find the following details of our Montreal office:

IPE Logistics (Canada) Inc. Montreal Office

Address: 800 Stuart-Graham Room# 263, Dorval, QC, Canada H4Y 1J6
Tel: 514-635-7996
Fax: 514-635-7997
Key Contact: Karen Kang

We appreciate all your support in the past and we are looking forward of your further support in the future.

Sincerely IPE Team