MicroWeb Co.,Ltd.

COMPANY PROFILE'MicroWeb Co. Ltd. Has been founded by engineers who majored in and graduated electrical engineering and computer science in KAIST. MicroWeb Co. Ltd. Is dedicated to embedded network systems. '

Company Name: MicroWeb Co. Ltd.

CEO: Nam, Young Woo

Number of Employees:9

Establishment: Feb,2001

Total Assets: KRW 300million(USD 230,000)

Business: Network Camera H/W, S/W Development and Application

Location:1601,1611 Honor's ville, Dunsan-dong, Seo-gu, Daejeon, South Korea

COMPANY HISTORY

2000.3 Established as an Engineering Service Firm: 'PDS Friends'

Start in development

2001.1

Finalize developing

The first model of network camera(Web-View100)

2001.2

Officially Incorporated as 'MicroWeb Co. Ltd. '

2001.3

Concluded a ODM& OEM business with China

2001.4

Set up Agents with China, Taiwan, Singapore

COMPANY PLAN

MicroWeb will increase its market share through the preparation, entrance and growth stages, and at the same time we will develop our business by substantially investing in its R&D

Year 2001: Preperation Stage - product development& enter market

Finalized the development of Network Camera for the first Model(Jan. )

Finalizing the second Model(Jun. )

Finalizing 1 CH DVR(Sep. )

Planning to Participate ISC New York exhibition(Aug. )

Entering the industrial Internal monitoring business(Oct. )

Start running Portal Site(Dec. )

Year 2002: Enterance Stage - Increase in original product sales

Network Camera related product sale increase Preparing service for Portal Site,

Wireless Solution for IMT-2000

Next product's development research& preparation

Year 2003: Growth Stage - New product's development

Application of IMT-2000 service

Development of embedded system for the industrial market