Paris, Sept. 25, 2008 - LIONAX, the first Chinese company listed on Euronext, today announces that has become a part of the hero list for Chinese companies contributing and providing unique technology to China's space shuttle Shenzhou-VII, which is due to be launched today. This is the first time that three Chinese astronauts will have been transported and will engage in outdoor manœuvres into space, from Shenzhou-VII. 

Lionax has recently equipped China's Shenzhou VII spacecraft takeoff with its TPMS technology. A Tire Pressure Monitoring System (TPMS) made by Lionax in Nanchang, Jiangxi province (China), 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 numerous extra-large wheels.

James Yang CEO of LIONAX comments: "We feel very proud for LIONAX's selection on the list, which included fifteen outstanding Chinese companies contributing and providing unique technology for the success of Shenzhou-VII launch, and Lionax is part of the top five of this list. Our TPMS products, which provide a competitive solution for heavy duty trucks with massive wheels, have achieved recognition as one of the top category providers for the space shuttle emission in China and also in other area worldwide."

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