Technology Leadership KAONMEDIA is a technology leader in manufacturing and developing Set-Top boxes and Residential Gateways for Pay-TV and broadband industries. We possess a lot of CAS licenses rather than any other competitors which is considered as the parameter for defining advancement of its technology leadership in the industry, and offer differentiated services for digital broadcasting communication convergence by providing the most attractive middleware platforms of leading companies within the ecosystem, which comes from a strategic partnership we have successfully maintained with them so far. Based on this technology leadership, we have secured a full line-up of set top boxes within the shortest period of time, enabling users to experience multi-screen experiences with the connected home and contributing to enriching their digital life. Local Presence for Time to Market KAONMEDIA, which has been providing digital broadcasting solutions to more than 120 operators in 80 countries around the world, established subsidiaries in Germany, the Middle East and India in 2007 to gain a base to expand its position in the global market. Recently, it has also reached out to emerging markets such as Russia, Brazil, Mexico and Argentina to continuously increase its global leadership in those markets and finally to meet the needs of ever-changing global market. Strategic Partnership As the world-leading STB provider, KAONMEDIA has been continuously establishing strategic partnership with a diverse group of world-class companies around the globe. Based on mutual collaboration with our strategic partners including the world's leading conditional access companies, middleware solution providers and system integrators, we continue to strengthen our position as a global leader to ensure the quality of digital life and the sustained advancement in digital broadcast technology.