Acer Inc. announces extension of tender offer for Gateway, Inc. Allowing the Committee on Foreign Investment in the U.S. to complete its review process

TAIPEI, TAIWAN (October 2, 2007) -- Acer Inc. (TWSE: 2353; LSE: AM50), announced today that it is extending its previously announced tender offer for all outstanding shares of Gateway, Inc. (NYSE: GTW) until 5:00 p.m., New York City time, on Wednesday, October 10, 2007. The tender offer is being extended to allow the Committee on Foreign Investment in the United States to complete its review process under the Exon-Florio Amendment to the Defense Production Act of 1950, as amended.  Completion of this review process is a condition to the consummation of the tender offer.

As previously announced, on September 4, 2007, Acer's wholly owned subsidiary, Galaxy Acquisition Corp., commenced a tender offer for all of the outstanding shares of common stock, including the associated preferred stock purchase rights, of Gateway at a purchase price of US$1.90 per share in cash, pursuant to a merger agreement among Acer, Galaxy Acquisition Corp. and Gateway.

As of 12:00 midnight, New York City time, on Monday, October 1, 2007, an aggregate of approximately 307,072,353 shares of Gateway (including 16,778,002 shares tendered under guaranteed delivery procedures), which represents approximately 80.68 percent of Gateway's outstanding common stock on a fully diluted basis, had been tendered into, and not withdrawn from, the tender offer.

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About Acer
Since its founding in 1976, Acer has constantly pursued the goal of breaking the barriers between people and technology. Focused on marketing its brand-name IT products around the globe, Acer ranks as the world's No. 3  vendor for total PCs and No. 2 for notebooks, with the fastest growth among the top-five players. A profitable and sustainable Channel Business Model is instrumental to Acer's continued growth, while the successful mergers of Gateway and Packard Bell complete the company's global footprint by strengthening its presence in the U.S., and enhancing its strong position in Europe. Acer Inc. employs 5,000 people worldwide. 2007 revenues reached US$14.07 billion.

Contact:
Stella T.H. Chou, Henry Wang
PR, Branding Division
8F, 88, Sec.1, Hsin Tai Wu Rd., Hsichih,
Taipei Hsien 221, Taiwan, R.O.C.
Tel: 886-2-8691-3204/1046
Fax: 886-2-8691-3262
E-mail: Stella_th_chou@acer.com.tw  Henrywang@acer.com.tw

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