Hollysys Automation Technologies Provides Update of Management Stock Purchase Plan

Hollysys Automation Technologies, Ltd.

today announced that several members of the company management, lead by the Chairman and CEO, have purchased approximately 725,467 shares of Hollysys as of today. The Company announced the management stock purchase plan on August 15, 2011, in which the management persons lead by Dr. Changli Wang, the Chairman and CEO, would commit up to $7.5 million US dollars for their purchase.