Through the combination of innovative ideas and network convergence technologies, LG-Nortel provides the connectivity that eliminates barriers in the exchange of information, helping customers realize usersÍ full potential. By combining LGÍs research and development talent with NortelÍs global marketing capability, weÍve given our enterprise, wireless, optical and wireline products a particular pedigree that makes us a strong, unique player in our industry. SMBs and LMBs can rely on LG-Nortel to support their connectivity needs through a comprehensive portfolio of solutions. These solutions have helped us achieved success at home and abroad by consolidating our competitive position in traditional markets, while identifying high-potential growth opportunities in newer ones. Our end-to end solutions directly help the business and economy nationwide and abroad, spur people to communicate and collaborate more effectively, and streamline processes to help customers bring innovative multimedia services to market. Before incorporation 1961 Produces first phone in Korea 1963 Authorized as EMD exchange manufacturer 1973 Develops first key phone in Korea 1989 Surpasses 1 million lines of TDX-1A installation in Korea 1991 Starts commercial service of TDX-10 large-capacity, fully electronic telephone exchange 1995 Develops the WorldÍs First CDMA for Commercial Use 1996 Provides PCS System to LG Telecom 2001 Commercializes asynchronous IMT-2000 system 2002 Demonstrates IMT 2000 service at Korea-Japan World Cup. 2003 Develops worldÍs first soft switch and next-generation networking solution with Korea Telecom After incorporatione 2005 Jan. Signs MOU to establish joint venture Aug. Signs definitive agreement to establish joint venture Nov. Establishes LG-Nortel, joint Venture