Webcash is a Trustworthy e-Biz partner and Powering your e-Infrastructure.

1. Webcash is a Trustworthy e-Biz partner and Powering your e-Infrastructure. “You’ve got the e-Companion !” WebCash Introduction December, 2005

2. General Webcash Corp. Webcash is a corporate cash management service provider that specializes in e-finance. • We pride ourselves in leading South Korea’s standing in e-Finance to a top-notch level in the world and we have the largest market share in this area. • We are the first company in Korea to provide the integration service for corporate cashmanagement and the Internet banking system. • We possess the largest pool of experts in CMS and e-finance in South Korea. • CEO : Seok, Chang-gyu • Founded : 1999/ 7/ 9 • Number of Employees : 192 ( As of November, 2005) • Address : Kyobo Building 11th Floor, 26-4 Yoido-dong, Yongdeungpo-gu, Seoul, Korea • Areas of Operation : Corporate Cash Management Service and e-Finance

3. General Business area & Main Customer Our main business area is System Integration, Corp. CMS Product, Consulting & Service, and e-Settlement in e-Finance & Cash management . Our main customers are financial institutions such as commercial banks. [e-Finance & Cash Mgmt. Business] [Customer] System Integration Corp. CMS Product • Corporate CMS • A/R. A/P finance Integration • system • Personal banking • Integrated Internet banking • Banking & CMS Portal • Cash mgmt product for corp. - MNCs (In House Bank) - LLCs (Cyber Branch) • - SMEs (CashONE) • - Small corp. (CashONE Lite) • All Financial Institutions - Bank • - KFTC • - Insurance • - Securities • Corporations e-Settlement Consulting & Service • Webcash Vending machine settlement • - Credit card • - Transportation card • - Personal identification card • Cash mgmt. consulting • e-banking consulting • System outsourcing • Backup recovery service • Cash mgmt. contents

4. 2000 1 KB Corporate CMS • 2001 5 Daegu Bank Corporate CMS • 2001 6 Hana Bank Corporate CMS & A/R. A/P Financing System • 2001 8 IBK Corporate CMS (FX included) & A/R. A/P Financing System • 2001 8 KFB Corporate CMS (FX included) & A/R. A/P Financing System • 2001 10 Hanmi Bank Corporate CMS (FX included) & A/R. A/P Financing System • 2002 5 Hana Bank Corporate CMS (FX included) & A/R. A/P Financing System Hana-Seoul Integration • 2002 10 IBK Corporate CMS (FX included) & A/R. A/P Financing System 1st Upgrade • 2002 11 KDB Corporate CMS (FX included) & A/R. A/P Financing System • 2002 11 Pusan Bank Corporate CMS (FX included) & A/R. A/P Financing System • 2003 4 IBK Corporate CMS (FX included) & A/R. A/P Financing System 2nd Upgrade • 2003 7 Woori Bank Corporate CMS (FX included) & A/R. A/P Financing System Renovation • 2003 5 KDB Corporate CMS (FX included) & A/R. A/P Financing System • 2004 4 KB CMS & Corporate CMS & A/R. A/P Financing System FX included • 2004 12 KB Cyber Branch CMS for LLCs launched • 2004 12 IBK CMS & Corporate CMS & A/R. A/P Financing System FX included, 3rd Upgrade • 2005 5 IBK CMS for LLCs fine e-branch launched • 2005 5 KB CMS 2nd System Implementation • 2005 6 IBK CMS 2nd System Implementation 70% HP, SDS IBM etc [Corp. CMS Market Share] Webcash Competency Market Share No. 1 in Corporate CMS & A/R. A/P Financing Implementation • We have the largest market share (70%) in the corporate CMS system business. • We have been the undisputed market leader for the past 3 years in e-Biz Banking with a market share of 65%.

5. Webcash Competency Trustworthy Partner Since the beginning of 2000, the Korean financial industry has witnessed many M&As. As a result, banks have requested us to lead the integration of their disparate e-Financing & CMS systems. We earned our customers’ trust by meeting the deadline, displaying a high level of understanding of new and different systems, and providing sophisticated and reliable technologies. Successful & Satisfactory Solutions • Meeting the deadline • Cutting-edge Technology & Understanding Scheduled beforethe end of the year Year 2001 By Webcash Year 2002 By Webcash Year 2004 By Webcash Year 2005 ~ By ? Integration of - Corporate internet banking Integration of - Corporate internet banking - A/R. A/P financing Integration of - Corporate internet banking - Personal internet banking Integration of - Corporate internet banking - Personal internet banking - A/R. A/P financing No. 1 in Assets No. 4 in Assets Kookmin Bank Hana Bank Korea CITI Bank Shinhan Bank Kookmin Bank Hana Bank CITI Bank Shinhan Bank Merger Merger Merger Merger Housing & Commercial Bank Seoul Bank Hanmi Bank CHB

6. Project Size Industrial Bank of Korea Corp. banking project (1st, 2nd) 6.0 million USD Korea Development Bank Integrated internet banking project (1st, 2nd, 3rd) 5.0 million USD Hanmi bank (CITI) Integrated internet banking project 2.5 million USD Woori Bank Integrated internet banking project 5.5 million USD Kookmin Bank Total CMS project 4.5 million USD Industrial Bank of Korea Total CMS project 4.5 million USD Time 2001 2005 2002 2003 2004 Webcash Competency Large Project Management Experiences We have much experience in providing Corporate Banking & Cash Management solutions, and possess much know-how in project management.

7. Webcash Competency e-Finance & CMS Consulting Experiences • We can respond spontaneously to changes in customers’ needs through constant innovation and research on new concepts and business models that result from innovations in Information Technology and expansion of infrastructure. • We have more than 20 consultants who can provide consultancy service in e-finance & Cash mgmt .

8. Webcash Competency IT Framework & Solutions We possess market-tested core technology and framework based on the latest technology. Front Office Back Office • Front office Message Life Cycle Mgt. • Message parsing • Message correlation test • User friendly message type conversion • Scramble designated information • Apply development stage of work • Integrate Business Logic via standard API • Provide CBD-based methodology/common Utilities • Separate work and expression area • Abide by and support standard specification • Free to choose H/W, S/W • Implement 24/7 Dynamic service C L I E N T L E G A C Y • X-Internet based integrated terminal system • Various UI Control Functions • User Certification and Security • Supports data conversion • Accelerate data transmission • C/S and Web based advantages • Supports various network protocol • Monitor network status in real time • Detect/recover network error • Compress/scramble messages • System maximization with components like TCP/IP, SNA LU0, LU6.2 , X.25, XML etc. Web Program Message Management Framework Business Logic Support Framework Next Generation Integrated Terminal Framework Channel Interface Framework System Management Framework Standardization of Web Development Framework • Status Mgt. :System/Process/Resource Info. • Log Mgt. :Service Log/Trace Log/Error Info. • Communication Monitoring :whole/part/area • Task Mgt. :Task/Parameter/Batch Reg. Info. etc.. • Op. Mgt. :Customization/Error Code/Op. Info.. • Report :Integrated Info./Statistics by Transaction.. • User Info. :System Access Info. Mgt. • Transaction Data I/O Rule Standardization • Various Automated Rule Provisions • (Record, Transaction, Field etc.) • Program Source Auto-generation / Mgt. • Program • Standardization and componentization of development technology • Streamline business log of various customer channels

9. Major Issues on Front-End Auto-Sweeping • Stability to suit various client environment • User-oriented & easy Interface • Integrated mgmt of various financial acct. • Rapid process regardless of no. of accounts • Tailored-reports to suit customer's requirements • Clear identification of error and maintenance • ERP Interface Reference & Experience Webcash has a variety of implementation experiences in Front-End Sweeping services. Webcash's numerous implementation experiences of major banks have led to the accumulation of much know-how about Front-End Auto-Sweeping services. Webcash owns specialized technology in Front-End Auto-Sweeping. • Operating know-how with over 10,000 corporate customers • User Interface with abundant experiences • Acct. Aggregation of bank, Securities, Credit card, B2B etc • Swift Processing Speed through Multi Processing • Over 100 types of reports meeting customers’ requirements • Operating a national-best Sweeping Center • Experiences in various ERP interfaces

10. 성풍양행㈜ ㈜폴리텍 ㈜ 화신엔지니어링 ㈜ 한아 (주) 아진산업 다모아산업㈜ 재영섬유㈜ 근창기계 ㈜요산이엔지 ㈜ 중암 ㈜ 충현 작승물산㈜ 아이벤 ㈜가인종합상사 주)혜성기획 한국단조공업 ㈜ 동창기계㈜ ㈜상문어패럴 ㈜ 상원실업 ㈜성일어패럴 ㈜윤영아이엔티 ㈜ 다이명 (유) 갑진 주)범현 ㈜ 지텍스무역 ㈜에스비알 ㈜ 현암 주) 디에스피어패럴 광진실리콘㈜ ㈜ 그린테크산업 ㈜ 가양산업 ㈜샘하이텍 알텍 ㈜ ㈜ 선일 ㈜ 영광 ㈜서진엔지니어링 주) 렉스론 ㈜ 아이엔와이트레이딩 ㈜서정화학 주)대우테이프 주)아이폼 ㈜ 유로모드 ㈜이레나라 대흥산업㈜ ㈜제일계측기 (주)대치식품 주)천일 삼성벤뎅리스㈜ ㈜무한기업 ㈜매인교역 ㈜우진산업 ㈜라성교역 주)제삼외식프랜차이스 주)태성판넬 ㈜자나두 ㈜대성테크 케임브리지㈜ ㈜ 대산 신의페트라㈜ 주)남선토건 ㈜토이스쿨 주)강원철강 주)가도트레이딩 ㈜해룡유통 도일건업 주)코난상사 일건무역 영화무역㈜ 주)민트코퍼레이션 ㈜동남유지 주)닉스아이 신창핫멜트㈜ 인성금속㈜ ㈜미경스키린 태경산업㈜ 태화상사 삼성벤딩리스㈜ 주)플라즈마램프 ㈜티티에이 ㈜팩슨 미산우드 ㈜ 하이눈전자㈜ ㈜샤론느 ㈜하나인포 Reference & Experience Webcash has a variety of implementation experiences in Front-End Sweeping services. A wide range of corporate customers[SME, LLC, MNC] are using Front-End Auto-Sweeping services of Webcash. LLC & MNC SME Over 400 corporations as of November 2005 Over 15,000 corporations as of Noverber 2005 제일기획

11. Webcash Experiences Abroad Experience • As a part of the consortium for Indonesia government’s e-government project (e-Indonesia), we have analyzed local financial system environment and completed the design of the e-Finance system from Sep. of 2002 and May of 2003. Local Government Government State-Owned Companies payment information e-Public e-Finance payment information e-Commerce e-Billing e-Payment e-Admin payment information Financial Information Financial Information Financial Information Collection (Tax, Giro…) Payment Payment Other Banks Bank Mandiri Central Clearing Central Settlement Other Financial Institutions Settlement Settlement e-Billing Integrated Billing Information and Collection Information Service by Billing Warehouse to e-Gov (e-Commerce, e-Admin, and e-Public) and state-owned Company etc. e-Payment Integrated Payment Instruments Service to e-Gov(e-Commerce, e-Admin, and e-Public) and State-owned Companies etc.