HOMENEWSPress Release Subject COWON Releases Ultra Slim Video Support MP3P 'iAUDIO U3' Date 2005.10.19 October 17, 2005, Seoul – COWON SYSTEMS, Inc. (President Nam-gyu Park www.cowon.com) announced the launch of its ultra slim portable MP3 player 'iAUDIO U3', which features high quality video playback and dynamic sound output. This player will be released on Oct. 19. This ultra slim player is mounted with a 1.2 in. 260,000 color TFT-LCD, and it not only plays music, but also videos. It also features image and text viewer function. With 'JetAudio VX', a unique software developed with COWON digital multimedia technology, anyone can easily convert and play various video contents. With its ultra slim design, iAUDIO U3 provides a steady grip in one hand while at the same time produces a dynamic 60mW sound output. To realize a delicate sound quality, it is equipped with 'JetEffect' in which the world renowned BBE acoustic effect and self-tuning technique are applied. It enables users to adjust tone quality. In addition, the LCD window can be changed by designating a 'Theme Skin' of 8 colors and the user can also upload any self-made logo to show a more personal look. iAUDIO U3 is only 32.5g with the built-in battery. Its 'Platinum Black' and 'Noble White' design finished with a silver outline presents a high class appearance. The power saving circuit enables a maximum 20 hour continuous playback after only 3 hours of charging. USB 2.0 support allows the player to be used as a portable storage device with a maximum file transfer rate of 40Mbps. It supports not only MP3 file format, but also WMA, OGG, ASF, WAV and FLAC (Free Lossless Audio Codec) for audio files, and JPEG for still pictures and XviD MPEG-4 for videos. Clock function also features clock view, alarm, sleep timer, quit power save, FM radio pre-scheduled recording and more. In addition to the basic voice recording, a direct encoding feature which enables recording by connecting to an external device such as a CD player or cassette player without using PC is also provided. Built-in text and image viewer allows users to enjoy novels and pictures, and since the player supports listening and reading at the same time, this is a valuable feature for language studying. All professional features required for language studying, including section repeat, fast forward/rewind, bookmarks and more are provided. Because common fonts that can display different languages on the LCD are loaded, it is very convenient to listen to music from countries around the world and study foreign languages with iAUDIO U3. Among domestic MP3 player businesses, COWON is the one that supports the largest online music/education content services, including SKT's 'MelOn' and KTF's 'Dosirak' so that iAUDIO users can use music and education contents with much ease and convenience.