Omnivision and POSDATA Strikes a Deal for a Full-Fledged Mobile WiMAX Commercial...

Omnivision and POSDATA Strikes a Deal for a Full-Fledged Mobile WiMAX Commercial Service

The First Commercial Mobile WiMAX Operator in Latin America
Concludes a Contract with POSDATA to Expand the Network
SEOUL, South Korea--(Business Wire)--
Omnivision has concluded a commercial contract with POSDATA FLYVO
for the largest scale deployment in Latin America to expand mobile
WiMAX service coverage in Venezuela. Under the deal, POSDATA
(KOSDAQ:022100) will provide a complete mobile WiMAX solution
including 300 base stations and 30,000 plus user terminals for the
initial phase in 2008. Omnivision and POSDATA will further increase
deployment and service coverage in 2009 and onward.

Omnivision, the first mobile WiMAX operator in Latin America, has
provided service running at 2.5GHz band since July, 2007, and aims to
expand coverage from 8million population in Caracas to 28million
population nationwide in 3 years, targeting 2.5million subscribers in
5 years.

In order to accomplish this ambitious milestone, Omnivision and
POSDATA agreed to maintain a solid partnership in every possible way
of mobile WiMAX business.

"Omnivision's nationwide mobile WiMAX network will provide
seamless access and connectivity to Venezuela, and we are pleased that
POSDATA will be our partner with its leading products," said Mr. Dick
Abanto Ishiwata, CEO of Omnivision.

"As a global Mobile WiMAX solution provider, POSDATA has been
actively deploying IEEE802.16e based systems and terminals in Asian
countries. With the supply contract with Omnivision, POSDATA has
secured a firm base to expand commercial reference throughout South
American countries," said Mr. Joonil Shin, Executive Vice President of
POSDATA.

About POSDATA Co., Ltd (www.flyvo.com)

POSDATA Co., Ltd. (KOSDAQ:022100) is a global company that
provides end-to-end mobile WiMAX solutions. Based on its core mobile
WIMAX technologies developed in-house, the company has been providing
mobile WiMAX base stations, ASN-gateways, network management systems,
as well as user terminals. FLYVO is the brand name for POSDATA's
mobile WIMAX business. For more information, please visit
www.flyvo.com.

POSDATA Co., Ltd
Luke Lee, +82-31-779-2454
hklee@posdata.co.kr

Copyright Business Wire 2008