SIMO » Topics » 1. GENERAL

This excerpt taken from the SIMO 6-K filed Oct 1, 2007.

1. GENERAL

FCI Inc. (the “Company”) was incorporated on September 25, 1999 in order to engage in designing and developing of Radio Frequency Integrated Circuits (“RFIC”) focused on mobile TV and CDMA markets.

On April 14, 2005, the Company issued 1,666,650 shares of convertible redeemable preferred shares at (Won)3,000 per share for total cash proceeds of (Won)4,993,164 thousand, net of issuance costs.

The Company is located in Seongnam city, the Republic of Korea, and does not have any subsidiaries for consolidation, at December 31, 2006.

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