Welcome to Innowireless!

Main > Public Information> News Clipping

Money Today : Innowire’s WiBro sales reach \10 billion

2007.09.11

Innowire announced today its cumulative sales of WiBro equipments starting
from August reach \10 bn.

One source in Innowire stated: “we are proud of developing the first Radio Network
Optimization Equipments for Mobile WiMAX and we provide many major companies including
carriers, system vendors and terminal makers with our competitive products.

Reaching \10 bn of sales in the infant market of WiBro and overseas market is a significant
success story for Innowire in the testing and measurement equipment market.”

The estimated sales of Innowire have been adjusted from \28 bn to \37 bn with adjustment of
operating income and income before tax from \7.1 bn to \9.5 bn and \7.5 bn to \10 bn
respectively.

Wireless Logix, Innowire’s U.S. local subsidiary, has received orders for Mobile WiMAX
devices from U.S.-based Sprint which has purchased the equipments that could be worth
much as $ 1 mn value of equipments in total to prepare Mobile WiMAX trial service in late 2007
and commercial service in April 2008.

In addition to the agreement with Agilent, Innowire entered into strategic partnership with
Rohde&Schwarz and Anritsu.

The source indicated: "The cumulative royalty will reach about $1 mn until August as Agilent
royalty is planned to be included from 3Q and we expect Mobile WiMAX market to be expanded
using the global network of Agilent to deliver the products to Intel, Motorola, and Nokia.”

Reporter, HyeYoung Jeon

Money Today : Innowireless, US$8 Million investment from Intel Capital

Electronic News : [Power engine, the Core company](21) Innowireless