HOMENEWSPress Release Subject Releasing the longest playing time HDD MP3P in the world Date 2004.06.25 In May 21st, 2004 in Seoul – COWON SYSTEMS(NamKyu, Park, CEO, http://www.cowon.com) released 'iAUDIO M3L', Hard Disc type MP3 Player, 35 hours of continuous playback, the longest playing time in the world. In addition, the corporation also released 'iAUDIO M3L' with large capacity up to 40GB capable of holding approximately 10,000 general MP3 music files. This 'iAUDIO M3L' has the best feature being capable of 35-hours-consecutive replay, the longest in the world, on the other hand the playback time of other Hard Disc type MP3 Players released locally and overseas is just within 8 ~ 16 hours. When COWON SYSTEMS firstly released this 'iAUDIO M3L' first, (the Hard Disc type MP3 Player with 20GB capacity) in March, it was ranked at the best seller among the Hard Disc Type MP3 Players according to the group of YODOBASI Camera, the largest electronic products distributor in Japan. And recently this MP3 Player model has many positive feedbacks as wining the 'CNET Editor's Choice Award' in the product appraisal of C-net experts, IT Professional Appraisal Group in the US. The iAUDIO M3L has built-in Lithium Ion Cell and a buffer to prevent a long shock for max. 12 minutes, allowing stable music appreciation even when you carry. It also supports the text viewer function so that users can see lyrics while hearing music and read a novel after storing it. It supports USB2.0 and enables to transmit large capacity of data with blazing speed of max. 480Mbps. Especially, it provides full-functional remote control adapting a large LCD with 6 lines and users can easily operate all functions such as the File Retrieval without taking it out from pocket or bag. In addition, it mounts 'JetEffect' sound field effect minutely tuning and applying worldwide BBE acoustic effect to implement sophisticated high sound quality and the user can enjoy best sound quality specific to the iAUDIO M3L at high output of 20mW+20mW. This product supports multi-CODEC replay of OGG, WMA, ASF, WAV, etc as well as MP3 and provides the direct encoding function to record music directly into MP3 file without connecting PC with CD player or cassette player. Especially the Jet Audio 6-basic Version as the integrated multimedia replay software, which 10 million users in the world use, is basically provided. therefore you can experience more improved multimedia environment. 1GB English learning contents for popular EBS (Educational Broadcasting System) lesson is basically provided so that optimum performance can be produced for he purpose of language or business as those needs largely increases these days in addition to music appreciation. Also high quality sound recording function, that enables you to record FM radio broadcastings or sound into the high sound quality MP3 file. Besides, the iAUDIO M3L provides sophisticated design cradle with various functions including the transmission of files and data using USB interface, rapid charge, direct encoding function via line-in terminal, and outside speaker output to line-out terminal, etc as the optional. On the other hand, Cowon Systems plans to release 'iAUDIO U2' as a stick-form of super- compact MP3 player built in flash memory in the first half of this year, and planning to release the portable multimedia player (PMP) in this year. These PMP products will have huge improvement of replaying time as maximum 50 hours. And users can enjoy various multimedia contents such as MPEG4 in adopting color LCD. Company Introduction COWON SYSTEMS is well known company as multimedia software 'Jet Audio' beloved by worldwide pc users. Established in April, 1995 targeting for companies of multimedia and wireless internet solution on the basis of digital audio · video · voice (Digital AV²) technology. Especially these days, Cowon Systems is focusing into portable MP3 Player, iAUDIO, total multimedia player Jet Audio , Wireless ordering music(MOD) service which are Digital Device Contents that rest on basis of Software, Hardware, Contents.