PRESS RELEASE Contact: Richard Lopez (626) 286-0600 FOR IMMEDIATE RELEASE Aim Sports Won Dismissal of Suit by Carson Chang LOS ANGELES, CA July 14, 2008 - Judge R. Gary Klausner, United States District Court, Central District of California, on July 7, 2008 dismissed with prejudice a lawsuit filed by Carson Cheng and New Century Sci & Tech, Inc. (“New Century”) against Aim Sports, Inc., its three employees and New Century’s chief executive officer, Guoping Cui, with Cheng ended up paying Aim Sports as part of the settlement. Cheng had filed the federal action a year ago alleging the defendants (1) infringed his gun scope mount design patent (when the patent should have been owned by New Century), (2) infringed his copyright in a New Century catalog (when the copyright was authored and registered by another person), and (3) misappropriated trade secrets (when nothing was ever misappropriated). The federal dismissal closely followed the judgment rendered by the Chinese People’s Court affirming New Century’s debt to Shandong International Economic & Development Company (Shandong) and Shandong’s lien on the New Century warehouse located in China which Carson Cheng took control of by force New Century and Shandong, have also filed a joint action against Cheng, Cady Chen, Yongming Sui, Deling Yu, and Ginrong Lou at the California Superior Court at Los Angeles. In this action, New Century and Shandong are suing Cheng for breach of fiduciary duties, fraud, and conversion/embezzlement, among others, and seeking more than a million dollars in damages. The lawsuit accuses Cheng of using New Century funds to buy real property in El Monte, California under his own name, registering New Century patent in his own name, ordaining himself chief executive officer without any board approval, illegally seizing control of New Century and refusing to yield control after Cheng’s dismissal from all positions at New Century by New Century’s duly authorized board of directors. New Century and Shandong also alleged that Cheng illegally transferred all New Century assets, including New Century’s NC Star trademark and employees to a new company formed by Cheng called New Century NC Star. “The dismissal of the federal case is a total vindication of Aim Sports, Inc., Guoping Cui, and Aim Sports’ innocent employees,” said Aim Sports, Inc.’s President Amber Cui. “Any party doing business with Cheng and New Century NC Star, Inc. will be doing so at their own risk,” warned New Century’s duly elected Chief Executive Officer Guoping Cui, “and any party selling and distributing products bearing the NC Star trademark is in effect committing trademark infringement and may be selling property stolen from New Century.” Thomas Chan, counsel for Shandong, stated: “The voluntary dismissal of the federal action by Cheng and the successful action against the Chinese assets speak volumes about the strength of New Century and Shandong’s state action against him. New Century is confident the usurper will be banished.” New Century Sci & Tech is owner of the NC Star brand and a leading supplier of gun scopes and accessories. Shandong International Economic & Development Company is one of the largest gun accessories manufacturers in the world, based in Shandong, China. Aim Sports, Inc., www.aimsportsinc.com, a leading supplier of hunting accessories, is headquartered in San Gabriel, California. Chan Law Group LLP, www.chanlaw.com, chaired by Thomas T. Chan, is a Los Angeles based China trade, patent, trademark, copyright and business law boutique firm. Chan previously served as trade adviser to the U.S. Trade Representative and the Secretary of Commerce. He was instrumental in the formation of Business Software Alliance based in Washington and was known for filing the first antitrust lawsuit against Microsoft in 1993, which was reported in various biographies of Bill Gates.