The Bank of New York Selected as Depositary Bank for O2Micro International Limited's Listed ADR Program

The Bank of New York, a global leader in securities servicing, has been selected by O2Micro International Ltd. as depositary bank for its American depositary receipt (ADR) program. Each O2Micro International ADR represents 50 ordinary shares. For the first twenty trading days, the ADRs are trading on the NASDAQ Stock Market under the symbol "OIIMD." Following that, the trading symbol will revert to "OIIM".

Headquartered in The Cayman Islands with extensive business interests in the greater-China region, O2Micro International designs, develops and markets high-performance integrated circuits for power management and security applications for the computer, consumer, industrial and communications markets.

Sterling Du, CEO of O2Micro International, said, "As we transform from a company with a direct NASDAQ listing into a company with U.S.-listed ADRs and Hong Kong-listed ordinary shares, we require a depositary bank with extensive ADR experience. We have chosen to work with The Bank of New York because of its extensive experience with Asian issuers and expertise with complex ADR transactions."

Christopher Sturdy, managing director and head of The Bank of New York's Depositary Receipt Division, said, "We are delighted to add O2Micro International to our growing client base of technology companies operating in China and the Asia-Pacific region. We will work closely with O2Micro's management to promote the Company's visibility with investors."

The Bank of New York sponsors more than 1,200 American and global depositary receipt programs, a 64% market share, acting in partnership with leading companies from 60 countries. With an unrivalled commitment to helping securities issuers succeed in the world's rapidly evolving financial markets, the Bank delivers the industry's most comprehensive suite of integrated depositary receipt, corporate trust and stock transfer services. Additional information is available at http://www.adrbny.com/.

The Bank of New York has been conducting business in the Asia-Pacific region for over 50 years. The Company has 16 offices in 11 countries in the region, including full-service branches in Shanghai, Tokyo, Hong Kong, Singapore, Seoul, and Taipei. The Bank employs over 1,500 staff in the region.

The Bank of New York Company, Inc. (NYSE: BK) is a global leader in providing a comprehensive array of services that enable institutions and individuals to move and manage their financial assets in more than 100 markets worldwide. The Company has a long tradition of collaborating with clients to deliver innovative solutions through its core competencies: securities servicing, treasury management, investment management, and individual & regional banking services. The Company's extensive global client base includes a broad range of leading financial institutions, corporations, government entities, endowments and foundations. Its principal subsidiary, The Bank of New York, founded in 1784, is the oldest bank in the United States and has consistently played a prominent role in the evolution of financial markets worldwide. Additional information is available at http://www.bankofny.com/.

The Bank of New York provides no advice nor recommendation or endorsement with respect to any company or security. Nothing herein shall be deemed to constitute an offer or solicitation of an offer to buy or sell securities.

What are people saying about mortgages today:

Rates on 30-year mortgages edged down last week to a seven-month low. Mortgage-giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages fell to 6.3 percent, down slightly from 6.31 percent two weeks ago. It put rates at the lowest level since they were at 6.24 percent the first week of March.

Bank of Hawaii, Central Pacific Bank, Territorial Savings Bank and Wells Fargo Home Mortgages all cut their 30-year mortgage rates to 5.75 percent this week.

Most people think of a mortgage as a means to an end. After all, you buy a house, not a home loan. But a mortgage is much more than the path to homeownership. It is a financial instrument that must be managed, just like any other financial investment.