POSDATA and KT Strike a Deal to Deploy Mobile WiMAX Commercial Network

    SEOUL, SOUTH KOREA, December 20 /CNW/ - Mobile WiMAX, a next-generation
telecommunications service currently being offered in the Seoul metropolitan
area, will be expanded to Pohang, a thriving city of 500,000 people in the
south of Korean peninsula.

    POSDATA and KT have drawn up plans to establish a "Mobile WiMAX Town" in
Pohang City, where the demand for Mobile WiMAX services is fairly high in all
income classes due to a concentration of industrial, research, academic, and
residential complexes. Both companies are planning to not only provide
Internet access services but also develop a wide array of specialized Mobile
WiMAX service models.

    The two companies concluded an agreement regarding business cooperation
at POSDATA headquarters. The event was attended by appropriate representatives
including Mr. Yoo Byung-chang, CEO of POSDATA, and Mr. Pyo Hyun-myung, Senior
Vice President of KT.

    POSDATA will provide Mobile WiMAX base stations, ASN-gateways, network
management systems, as well as terminals for service subscribers. The
ASN-gateways will support WiMAX standard compatibility, and the base stations
will be the latest models with Mobile WiMAX Wave 2 technologies such as the
Multiple Input Multiple Output (MIMO) to increase the data processing capacity
of Mobile WiMAX services. Commercial launching will be around Q3, 2008.

    POSDATA also recently released a USB terminal that is connected to a
notebook to receive Mobile WiMAX services and concluded a contract with KT on
the supply of terminal, thereby creating an opportunity to fully establish
itself as a total solution provider of Mobile WiMAX.

    Mr. Shin Joon-il, Senior Vice President of POSDATA's Mobile WiMAX
Division, said, "POSDATA's participation in this project to establish a Mobile
WiMAX town is going to be a solid reference that will drive out global
expansion of Mobile WiMAX business."

    --  About POSDATA

    POSDATA is a total IT solutions provider and a subsidiary of POSCO, the
global steel company. Based on its core Mobile WiMAX technologies developed
in-house, the company has been providing Mobile WiMAX base stations,
ASN-gateways, network management systems, as well as user terminals, to
worldwide customers. FLYVO is a brand name for POSDATA's Mobile WiMAX

For further information:

For further information: POSDATA Co., Ltd Luke Lee, +82-31-779-2454

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