Legit Reviews

SEOUL, February 10, 2006: Pantech Group, the number two mobile phone
company in South Korea, today announced major changes at management
level among its core affiliates, as part of its strategy to continue the
worldwide expansion of the company, while consolidating its share of the
domestic Korean market.

Pantech, which currently has the second highest market share in Korea,
said Sung-Kyu Lee, formerly CEO of Pantech Co., will take up a new
position as CEO of both Pantech&Curitel Communications, Inc. and Pantech
Wireless, Inc., the group's U.S. corporation.

The outgoing CEO of Pantech&Curitel Communications, Inc., Dr. Moon S.
Song, will move into a new role as a senior technology strategy
consultant for Pantech Group.

Il-Joong Kim, who is head of Pantech Co.'s domestic operations, will
take over as the new CEO of Pantech Co. Mr. Kim will also be responsible
for the Korean business operations of Pantech Group. The new
appointments are subject to approval at each company's shareholders'
meetings and board meetings in March 2006.

Man Gi Kim, Vice President, Pantech Group, said: "Pantech is in the
process of developing its brand and its sales operations across an
increasing range of overseas markets. We believe that this reshuffling
of our senior management, which will see Mr. Lee taking responsibility
for the group's entire global business, will strengthen our focus on
global expansion".

"The move will allow for greater integration between the international
operations of the group and will bring about important synergies in
launching CDMA and GSM handsets in key global markets," said Mr. Man Gi
Kim.

In overseas markets, Pantech Co. focuses on the sale of GSM handsets,
while Pantech&Curitel Communications, Inc. provides CDMA handsets. All
products from the group are sold under the Pantech brand in global
markets. In Korea, the company maintains two brands: SKY, which is
targeted at the super premium segment, and Curitel, aimed at the
mid/high-tier segment.

Pantech Group, which is ranked second in the South Korean domestic
market in terms of unit sales, aims to become one of the world's top
five handset manufacturers. The group is currently ranked seventh
globally. In 2006, Pantech has targeted sales of 27 million units, with
projected revenues of KRW4.8 trillion.

About Pantech:

Pantech, through its affiliates - Pantech Co., Ltd., Pantech&Curitel
Communications, Inc. and Pantech C&I Inc - is ranked second in the South
Korean domestic market and marked as the seventh largest mobile handset
manufacturer in the world. Pantech is also recognized as one of the
world's fastest growing providers of mobile communications solutions.
Pantech has been responsible for a number of breakthrough innovations in
the mobile technology sector, including the introduction in 2004 of the
world's first fingerprint recognition camera phone, as well as award
winning camcorder and MP3 phones. In May 2005, Pantech affiliate
Pantech&Curitel Communications, Inc. announced the acquisition of SK
Teletech Co., Ltd., the fourth largest handset manufacturer in the
Korean market. SK Teletech was originally the handset-manufacturing arm
of SK Telecom, number one mobile network operator in Korea. Under the
terms of the acquisition agreement, Pantech and SK Telecom plan to
collaborate in joint research and development initiatives and will work
together in the global expansion of their respective businesses into
overseas markets, The SKY brand, marketed by SK Teletech, is the most
popular premium handset brand in Korea. In August 2005, to facilitate
the goal of Pantech becoming one of the world's top five mobile handset
brands, Pantech Co. and SK Teletech were merged under the Pantech
organization. Pantech collectively has about 5,000 employees and a total
of 20 regional sales offices worldwide. For more information on Pantech,
please visit http://www.pantech.com <http://www.pantech.com/> or
http://www.curitel.com/english