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THE COMPETITORS Posdata Co.,ltd . established in November 27 th 1989, headquartered in No 11, Bundangro (276-2, Seohyeon-dong), Bundang-gu, Seongnam-si, Kyeonggi-do, 463-775, South Korea, is an IT service provider as well as security equipment manufacturer. The company’s products are sold under Pos- watch® mWiMax®, HI-PASS® branch names. Total number of employees (at the end of 2007) ia approximately 1,450 persons. The company is providing their security equipments and services through its global network offices in the U.S.A, China, India, and Malaysia including Bundang headquarter and other four domestic’s branches. The company’s slogans are “A company working customers” “Talent staffs is its most value asset” and “aiming for the best”. The company’s products are among the highest – quality ones in the Korean security market, they are developing new technologies and products based on its challenging strategy by developing the first embedded DVR POS-Watch STD in Korea in April 2000 and
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