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OVERVIEW

Profile

Founded in 1998, ITWell is the leading manufacturer of mobile payment terminals in Korea that offer innovative solutions for a comprehensive
range of applications in transportation, logistics, hospitality, retail and travel industries.

The name “ITWell” is derived from the words “IT” (Information & Communication Technology) and “Well” (profound source). The defining
characteristic of ITWell is the deep source in the field of information & Communication Technology from which people obtain all the necessary
data.

Major Customers

We currently serve approximately 40% of the world’s airlines, precisely speaking 70% of North America Airlines and 50% of the European
Airline and few percent of the rest Airlines. ITWell POS products are deployed on eight of the ten largest airlines and have proven to be highly
profitable. Another major customer is in China. Tens of thousands ITWell mobile POS and industrial PDA are deployed on the Chinese traffic
police for collecting fine and firefighter for safety for its citizens against disaster. The secret of this success lies in ITWell's ability to offer secure
and reliable mobile POS devices that combine proven state-of-the-art technology, permanent innovation and world-class partners along with
a wealth of proven experience.

Customized Products

Industry sector needs vary and are diverse. ITWell has understood the specific requirements for the uniqueness of each business. In order to
maximize the customers’ ROI from their terminal investment, each device is customized and tailored to specified customer needs. We will work
with each organization directly to supply all components of our system to work with all infrastructures.