Dear customers and investors!

Half of the year 2004 has past.
The dominant view is that the economy in the second half of the year will not be smooth..
But at GEOMC, this year will be remembered as the year that we harvested abundant fruits by concentrating on each project
GEOMC has taken up a lucrative high ground by developing the PDA market with middle and high school students. Daeyang E&C has also launched a new concentration study instrument ¡°MC Square¡¯s new product ¡°MC Square New Alpha.¡± on the market.
The China market is potentially strong and very enthusiastic for education, ¡°MC Square¡± has been harvesting notable success through 46 agencies.
¡°Eduvalley¡± ,our learning institute franchise business, is, due to a consistent increase in franchises, becoming a nation-wide reputable franchise learning institute.
With organic synthesis of high tech science and education, we are making an education business spearheading in quality.
We are striving with research and development to harden the international competitiveness in HMD business.
We expect the dynamization of the HMD market to increase exports and our technical reputation, visualizing the collaborating projects that we are actively propelling in the U.S and Japan.
We will keep on propelling it to lead the industry based on a long term insight with solid technology.
We will strive for a high tech venture business such as Baby Sound.
All employees of GEOMC will not forget to serve our customers and our share-holders like family members. Moreover we will work hard to construct a sound business model for our staff and customers.
Finally, May this year bring good fortunes to all of our share holders and their families.

Sincerely yours.