Since we first established Simex in 1994, we have been dedicated to the research and development of value-added and innovative home appliances. Despite a short history, we have become a leading manufacturer and exporter of home appliances in Korea, due to the success of our vertically integrated manufacturing base in Korea as well in China. With our successful growth and experiences in R&D and marketing, we have established a DVR (Digital Video Recorder) division to expand our business line to digital surveillance systems, and organized an R&D department with expert engineers who specialize in video image processing and compression algorithms.During the past three years, we have focused on the development of an advanced Digital Video Recorder utilizing our own compression and video image processing algorithm that provides superior video quality and selectable video compression, real-time full motion display and recording, and a great variety of system application software which has been field proven. In 2003, based on our continuous research and development and the experience from existing DVR system technologies, we launched the 2/3000 Series DVR that offers higher recording and display quality with robust system stability, and easy to use interface with Windows 2000 and XP compatibility. We expect that the 2/3000 Series DVR will mark another step forward into the advanced technology in digital security industry, contributing to our sales and the benefit of our customers. We will continue to track technology changes and listen to the market. At the same time, we will continue our efforts to develop value-added and high-end performance products that will meet market demands.