POSDATA hosts 1st FLYVO Summit in Singapore

SEOUL, South Korea--(Business Wire)--
POSDATA Co., Ltd. (KOSDAQ:022100) hosted its first 'FLYVO WiMAX
Summit' at the Amara Sanctuary Resort in Singapore on June 20 to
21,2008. This summit was organized by POSDATA to discuss Mobile WiMAX
technology and market with industry leaders and experts.

Operators, Telecom Regulators, & Partners mainly from Asia Pacific
countries attended the summit to share their Mobile WiMAX experience
and examine the market forecast and trends. Speakers of the conference
session include Mobile WiMAX operators such as QMax, Airway, and
Sprint.

"By hosting this conference POSDATA is demonstrating its
commitment to Mobile WiMAX development in general and to the view that
it will make a significant contribution to the development of many
countries in Asia" said Mr. Byung-Chang Yoo, CEO and President of
POSDATA.

The highlight of the event was the cruise tour of Singapore's
Marina South Port, where attendees were able to experience Mobile
WiMAX service in Singapore harbor.

The FLYVO WiMAX Summit took place during the week of CommunicAsia
2008, which is one of the largest Information and Technology events in
Asia. POSDATA participated in the event which was held at the
Singapore Expo on June 17 through June 20. At the exhibition, FLVO
introduced a new line of Mobile WiMAX products and performed a live
demonstration of the FLYVO system. Visitors to the FLYVO exhibition
booth were able to web surf, enjoy IP-TV using Mobile WiMAX and gaming
on the G100.

With recent supply contracts in Uzbekistan and Singapore, POSDATA
continues to strengthen its presence in the Southeast and Central
Asian market and the company said that it expects this growth will
continue in 2008 as they expand their Mobile WiMAX technology to other
parts of the world.

About POSDATA Co., Ltd.

POSDATA Co., Ltd. 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 http://www.flyvo.com.

POSDATA Co., Ltd
WJ Choe, +82-31-779-2475
skyjoon@posdata.co.kr

Copyright Business Wire 2008