Pantech Announces Multimedia Powerhouse Model for Helio in U.S.
SEOUL, South Korea/LAS VEGAS, U.S. - April 7, 2006: Pantech Group - the number two mobile phone manufacturer in South Korea - today announced its new 'Hero' EV-DO handset, a multimedia powerhouse model which is expected to become available in the U.S. this spring.

The 'Hero' will be offered in the U.S. by mobile virtual network operator (MVNO) Helio, a joint venture between Korean mobile operator SK Telecom and Internet service provider EarthLink Inc., and will be a high end phone in the Helio portfolio when it launches its new mobile service this spring.

The new slider handset, on display at CTIA Wireless 2006, is designed with a jet black finish and is a virtual mobile entertainment center with a substantial 2.2 inch LCD display, industry-leading audio capabilities with full duplex stereo speakers and a 2.0 mega-pixel camera for capturing pictures or video.

Sung Kyu Lee, President & CEO, Pantech Wireless, Inc., said: "We are excited about the U.S. launch of the 'Hero' for a range of reasons. First, we believe that the new phone will be of particular interest for U.S. consumers, with its stylish, attractive design and its wide range of multimedia functions".

"Second, we believe that our relationship with Helio will play a big role in building our brand in this market. Working with an MVNO like Helio will help build the awareness and credibility of the Pantech brand in the U.S.," said Mr. Lee.

The 'Hero' packs a co-processor chip that can provide high-quality music and video for an exceptional entertainment experience, allowing for extraordinary versatility in content and services. The phone also offers a powerful 70 MB memory along with external capacity.

Pantech plans to ramp up sales in the U.S. by 20% in 2006, through a greater focus on developing its brand awareness in the market place and an increase in direct supplies to major U.S. service operators. The company expects to increase direct supplies to service operators in the U.S. by up to 70% this year through Pantech Wireless, Inc.

'Hero' features include: