HOMENEWSPress Release Subject COWON Ultimate MP3 ‘CONWON S9’ selected to take the first place by a multimedia magazine of Germany Date 2009.05.18 May 18, 2009 from Seoul – COWON SYSTEM, Inc. (Park Nam Kyu, President, www.cowon.com) announced that its Ultimate MP3 ‘COWON S9’ ranked first in the competitive comparison of ‘MP3 Flash’, a multi-media magazine of Germany and selected to be the test winner of MP3 players. ‘MP3 Flash’ is a German magazine known for strict standards and objective evaluations. Recently, it made evaluations to new MP3 players to be sold in its domestic market. At the result of evaluations, COWON S9 received the highest points and ranked first, having Apple Ipod and Samsung P3 behind. The evaluation in this test included 17 items for 60 points in the field of ‘Feature/Availability’ and 7 items for 40 points in the field of ‘Speed/Durability’. COWON S9 stood first with 50 points from ‘Feature/Availability’ and 35 points from ‘Speed/Durability’ and totaled 85 points to rank first out of all the fields. And Ipod Touch ranked second with 83 points. Particularly, the examiners from ‘MP3 Flash’ selected COWON S9 as a test winner, saying that COWON S9 uses an innovative AMOLED display to show the most excellent video quality of the other competitive products, so it is the most recommendable product for its perfection. In this evaluation, Samsung P3 took the third rank and Creative’s Zen X-fi and Technisat’s Techinplayer 8 took the fourth and the fifth rank respectively. Lee Myung Yong, vice president of COWON said, “COWON S9 is catching on in the world for its stable quality and excellent performance after its launch. Based on this great evaluation, we will drive our strategy into the European markets with our established premium brand image. On the other hand, ‘MP3 Flash’ is circulated in MediaMarkt, Saturn, EP Electronic Partner and Euronics. This magazine is recognized to be significantly influential and reliable by local buyers and IT experts and engineers.