Chungho ComNet Co., Ltd.

Chungho ComNet, founded a quarter-century ago, produces a wide range of automation machines for financial institutions--from automated teller machines and cash dispensers to MICR encoders. Our machines and equipment are found in just about every bank office throughout Korea. For example, Chungho ComNet's products account for over 65 percent of the Korean ATM market and about 52 percent of the cash dispenser market. Over the years, this ATM specialist has earned a number of prestigious awards. In 1995, Chungho ComNet received the Grand Prize of the Korean Management Association for being "best managed" among all corporations listed at the Korea Stock Exchange. We were tapped again the following year for the coveted KMA award. Chungho ComNet is also the winner in 1995 and 1996 of the Daeshin Economic Research Institute's Grand Prize for its "exemplary corporate management." These recognitions owe in part to the near-legendary customer care and support services that Chungho ComNet has been providing for its products since 1977. In recent months, we have introduced several export models of automated teller machines. Each model has been designed with the technical know-how that Chungho ComNet has accumulated during the past quarter-century-and each unit is produced in strict compliance with the total quality management standards of ISO 9001.