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  A letter from the chairman
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  Dear Acer's friend,

I am very excited to share with you that Acer launches a new generation e-Business -MegaMicro e-Business-today. This is the clear direction we want to focus as our new core business in the coming years.

We believe Acer MegaMicro e-Business is the right business model. While most companies are struggling with the budget for e-Business, we offer some kinds of affordable and flexible-scale services to those do not have the knowledge or cannot pay for the maintenance of expensive hardware, software, and human powers.

We believe now is the right timing to promote MegaMicro e-Business programs. As the margin of IT hardware drops significantly, Acer needs to develop profitable business. For most small and medium businesses, this is also the critical moment for them to e-enabling their e-business, within a low-budget, to gain higher work efficiency as well as to be just a common operation platform for doing business in the IT era.

We believe Acer can realize MegaMicro e-Business. Before the legal merger of Acer Inc. and its sales & marketing arms Acer Sertek in March 2002, we now have aligned all e-business related subsidiaries, such as Acer Internet, Acer Pagic, and Acer CyberCenter, into a virtual organization in Acer Inc. to develop immediately a comprehensive system of e-services and e-infrastructure for Acer MegaMicro e-Business and create an instantaneous business proficiency. With tremendous professional know-how and human resources in the fields, Acer will be able to integrate IT equipment, network, management platforms, and application software to back up the various horizontal application e-Service for businesses.

Acer starts the MegaMicro e-Business today in Taiwan, and then will extend the business to Shanghai by Q2 2002. We will also offer in other international city the new IT products bundled with preferred Micro e-Services, to generate the added values and service capabilities for our global customers.

I sincerely invite your advice as well as your participation for this grand starting of New Acer.

With Kindest Regards,

Stan Shih