NEWS

Parade Secondary Offering of 5.248 Million GDSs Priced at US$ 11.17 Per Share

Posted July 18th, 2012

Parade Technologies, Ltd. (GTSM: 4966) (“Parade” or the “Company”) today announced that in the afternoon of July 18, 2012 California time (i.e., in the morning of July 19, 2012, Taiwan Time), the Company’s offering of 5.248 million secondary shares in the form of Global Depositary Shares (“GDSs”) by certain pre-IPO investors was priced at US$ 11.17 per GDS (equivalent to approximately NT$ 335 per ordinary share). Each GDS represents 1 ordinary share of the Company. No primary share was issued. There is no over-allotment option in connection with this offering. The Company expects the delivery of the GDSs by the selling shareholders to occur on July 24, 2012.

This release does not constitute an offer of any securities for sale. Any offer or sale of securities shall only be made in accordance with the requirements of the US Securities Act of 1933.