May      CMOTECH Co. Ltd. established

Jul       Corporate research division registered

Oct      Venture Corporation registered (technology corporation)

Dec      Wireless modem (CCMG-1X800) developed

Feb      Wireless modem (MM-5100) developed, CCMG-1X800 certification completed

Mar      Wireless modem (CM-5100U) developed

Apr      MM-5100 FCC certification, Australia(Telstra) certification completed

           PCMCIA CARD(CM-5100P) developed , certification completed

Aug      Distributor contract in China

Sep      CM-5100 Venezuela (Movilnet) certification completed

Nov      PCMCIA CARD(MM-5100P) (Telstra) certification completed

Dec      CCMG-1X800 China CTTL CDG 1 certification completed

Apr      Selected as an excellent technology corporation (Korea Technology Credit Guarantee

           Fund)

           Selected as model technology development corporation (Industrial Bank of Korea)

           Small-medium business technology innovation development agreement (Small &

           Medium Business Administration)

Jun      CDMA SMART PHONE MODULE development agreement (Institute of Information

           Technology Assessment)

           Designated a superior new information technology (Minister of Information and

           Communication)

           Selected as a small-medium business with export prospects (Seoul Small & Medium

           Business Administration Export Support Center)

Jul       CM-5100U/CM-5100P Indonesia (Mobile-8) certification completed

Sep     CM-5100 Ecuador (Bellsouth) certification completed

Oct      CM-5100/M-6300 SKT certification completed

           EVDO USB development completed

Nov      Placed Private Bond with Warrants (￥ 0.1 billion)

           Designated a new military service exemption company

           Dual-Band(800/1900Mhz) Module, USB developed

Jan      Taiwan APBW 1X USB Modem certification completed

Feb      EVDO USB Modem (MM-5500U) Australia certification completed

Mar      EVDO USB Modem (CCU-550) SKT certification completed