Paris, August 6th, 2008 – LIONAX, the first Chinese company listed on Euronext, today announces that it has recently equipped China's Shenzhou VII spacecraft takeoff with its TPMS "safety lock" technology.

China's third manned spaceship, Shenzhou VII, set to be launched in October, reached the Jiuquan Satellite Launch Center in the north-western Gansu Province. A "Long March II F" carrier rocket was transported to the launch center on a special vehicle from Beijing. This operation symbolized the start of the Shenzhou VII launch mission.

Lionax today reveals to the public that a Tire Pressure Monitoring System (TPMS) made by Lionax in Nanchang, Jiangxi province, is installed on the special vehicle for carrying spacecraft and rocket.

This TPMS system is able to monitor tire-pressure in real time, efficiently prevents sudden tire blowouts, and makes spacecraft “more comfortable” and “safer" especially on vehicles with extra-large wheels.

In June 2008, the Beijing Spaceflight Emission Technology Research Institute of the China Carrier Rocket Technology Research Center, which produces ground equipments for spaceflight emissions, sent Lionax a customized order for a special TPMS for rocket transportation to improve vehicle safety and stability for the China spacecraft "Shenzhou-VII" launch.

James Yang CEO of LIONAX comments: "LIONAX's TPMS products provide a competitive solution for heavy duty trucks with massive wheels. The Beijing Spaceflight Emission Technology Research Institute will massively purchase TPMS from Lionax starting September 2008. In the future, all special road vehicles for rockets and special equipments carrying will be equipped with TPMS made by Lionax. We are very pleased that our TPMS product served China spacecraft Shenzhou-VII launch emission. This means our state-of-the-art TPMS technology is recognized worldwide. We are looking forward to seeing the most eye-catching launch of China's third manned spaceship Shenzhou-VII, planned from the Jiuquan Satellite Launch Center in October."

About LIONAX

The Company, listed on Euronext, the Paris stock exchange with stock symbol "MLION", designs and develops innovative Tire Pressure Monitoring System (TPMS); navigation integrated product with GPS, TPMS and rear view camera; and digital pressure sensor for automotive industry. Lionax's products help its customers to enhance safety, save money and meet regulatory requirements affordably. LIONAX makes this possible through technology innovation, manufacturing excellence, research leadership and best-in-class team of scientists, engineers and management based in China and the USA.

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Elodie Marchand                                                                                          Valéry Lepinette
elodie.marchand@fd.com                                                                                valery.lepinette@fd.com
Tel : +33 (1) 47 03 68 10                                                                             Tel : +33 (1) 47 03 68 10