welcome to Cybernet Inc. Cybernet is the fastest growing global provider of electronic payment solutions. We design, develop, manufacture and supply leading-edge electronic payment terminals, peripherals, and software applications for m-commerce, e-commerce, smartcard and traditional payments.Cybernet began in 1998 in Korea as CyberNet Information System. Today, our international operation is headquartered in Seoul, Korea, with regional offices in Australia, EMEA (Italy, Russia & UK), Japan, Singapore, UAE, USA and Venezuela. As of March 2004, we are represented in 85 countries worldwide and are fast expanding to other key markets through carefully selected distributors and partners. Cybernet is the dominant electronic payment solutions supplier in Korea. In the five years since our inception, we have dominated the Korean payment industry by obtaining 80% of the smartcard application market, representing K-Cash, A-Cash, Visa Cash, Mondex and other private payment card schemes. We also captured 50% of the EFT-POS terminal market and 50% of the Internet payment solution market in Korea. Cybernet employsover 110 developers/programmers/manufacturing professionals worldwide. The focus of the company is on fast-time-to-market by using world-class development methodology and offshoremanufacturing.Our commitment is to stay flexible and competitive, passing the benefits of our state-of-the-art products and technology to our customers.