Exceed Company Ltd. announced that it has appointed Dr. Yea-Mow Chen as an independent non-executive director, effective February 4, 2012, while Mr. William Sharp, a member of the Board has resigned from his position as an independent non-executive director to pursue other interests. Dr. Chen has served as the CEO of the China Intangible Asset Appraisal Corp. Ltd, Taiwan since 2005, offering valuation services for tangible assets, intangible assets and business firms for financial reporting, IPOs, mergers and acquisitions and other purposes in accordance with U.S. GAAP and SEC requirements.