(Oct. 8, 2007, Nanchang, China) Lionax (Euronext stock symbol: MLION) announced today availability of L-SmartGPS(TM) to commercial vehicle after-Market. Lionax will distribute this new product through its marketing partner and distributor for the commercial vehicle market in North America, Europe and Asia, will be supplying the company's L-SmartGPS(TM) products to commercial customers through various car manufacturers' dealer networks. Lionax previously announced the availability of SecuTire TPMS tire pressure monitoring systems on May 15, 2007.

"This is a significant development for the company as it dramatically improves our ability to penetrate the expansive North American and Europe commercial vehicle after-market by integrating GPS with TPMS" said James Yang, President and CEO of Lionax.
"L-SmartGPS integrated with TPMS in the near future represents a technological advance in the automotive industry that allows commercial customer to save money by reducing product costs, and we at Lionax are proud to supply it of one product with two functions," said Raymond Jiang, Vice President of Business Development of Lionax.

Lionax PressureAlert TPMS active tire pressure and temperature monitoring systems provide fuel and tire cost savings for commercial vehicle owners by enabling them to efficiently maintain top tire performance. PressureAlert TPMS may be installed on any existing truck and displays each tire's temperature and pressure deviation. If the system detects a loss of air pressure or abnormally high tire temperature, a warning light automatically alerts the driver to the condition. The system reduces tire failures which in turn reduces roadside downtime and increases driver safety.