HOMENEWSPress Release Subject Releases All-In-One MP3 Player iAUDIO CW200 Date 2001.12.11 - A wide range of functions such as Voice Recording and listening and recording of FM radio stations, not to mention MP3 playing, are combined into iAUDIO. - Ultra compact size with the lightweight of 40g that makes it convenient to carry around wherever users want to go. - Powerful 'Dynamic Bass' sound system for music lovers -Supporting memory upgrade up to 256MB, the largest in South Korea Seoul on December 11, 2001 -- COWON SYSTEMS, Inc. (CEO Park Nam-gyu www.COWON.com) has released the All-In-One Ultra compact-sized MP3 Player 'iAUDIO CW200' that provides MP3 file player function as well as FM Tuner and Voice Recording functions all at once. 'iAUDIO CW200', recently released, is a portable MP3 player in an ultra compact size and lightweight. It provides vivid sound quality of 24 bits by using MP3-based technology that is recognized by experts and digital music loves the world over, and it is designed to record voice and listen and record FM radio stations as well. Armed with a stylish design and ultra compact-size, 'iAUDIO CW200' weighs only 40g; as a result, it is easy to carry around as a sort of necklace-cum-digital player. It supports a backlight LCD screen and global languages including Korean, English and Chinese, and Japanese. In addition, the product allows users to enjoy rich musical experiences by employing an equalizer whose Dynamic Bass can be controlled by users. It can be easily upgraded as users can use Firmware Download function and the logo picture on the LCD screen can be changed as the users want. Following the recent release of two models of iAUDIO CW200 with a flash memory of 64MB and 128MB, COWON SYSTEMS plans to release iAUDIO CW200, equipped with the country's biggest flash memory capacity of 256MB. The company plans to stage a memory-upgrade promotional event in which users of iAUDIO get a free upgrade in the first half of this year. JetShell, which is an MP3 Encoding Transmission software and included in iAUDIO package, enables its users to convert CD music to MP3 files in a quick and easy way. In addition, JetShell comes with a full version of integrated multimedia player software JetAUDIO, which is distributed worldwide, so that the users can enjoy various audio and video formats for their PCs. COWON SYSTEMS plans to start to sell iAUDIO CW200 from December 13th through a reservation sale for its online shopping mall users. COWON's homepage (www.COWON.com) is linked to its MP3 player sales sites such as Mpmate(www.mpmate.com) and Total MP3(www.totalmp3.co.kr). About 10,000 units of iAUDIO CW 200 are expected to be shipped per month next year. For starters, 3,000 units with the OEM brand for NEC Japan is to be shipped to Hong Kong, Taiwan, and China this year. For the Japanese market, the product is to be sold on both online and offline shopping malls, operated by Japanese distributors specializing in electronics goods such as NOVAC. As for the U.S. and European markets, the product is set to be provided on an OEM basis from early next year. CEO Park Nam-gyu said, 'The recently released iAUDIO CW200 has a super compact size and also sports lightweight while offering voice recording and radio tuner, not to mention MP3 file playback and CD-to-MP3 burning. COWON's iAUDIO is a very competitive product which can compete head to head with MD player or Walkman of Japan. We hope iAUDIO will help boost the standard of Korea's MP3 player technologies.' Consumer Price (Including VAT) iAUDIO CW200 64MB : 199,000 won iAUDIO CW200 128MB : 249,000 won Free provided software JetShell (File Transmission, MP3/WAV/Audio CD Play, MP3 Encoding) JetVoiceMail (SC4 Playback/Record, Voice mail, Voice memo) - JetAudio (Integrated Multimedia Player) Functions -MP3/MP2 Playback, Voice Recoding, FM Radio Reception and Recording (maximum 9hrs with 128MB) - Built-in Flash Memory (64/128/256MB according to product) -Backlit Graphic LCD that supports global languages (Displays file name, ID3 Info, elapsed time, Battery level, etc.) - USB Interface (The Highest Speed at 4Mbps) - With one 1.5V(AAA) battery, maximum 9hrs of continuous playback - Play/ Pause/ Intro Scan, Stop/Power OFF, Record - Next Track/Previous Track, Fast Forward/ Rewind - Volume Up/Down (Digital Volume: 40 levels) - Storage/management by Album possible (Album 1, 2, 3, 4, Voice Album) -Various Equalizer Modes (Normal, Rock, Jazz, Classic, User) -User Equalizer Modes (Set Bass, Treble, Loudness, Dynamic Bass) -Repeat( Normal, 1 Track, All, Random, Repeat Section, Repeat Album) - Resume (Memorize Playback Position), Automatic Power Off -Hold Control Backlight `ON' Time, Control Scroll Speed Firmware Download, Logo Download Specifications - Bit Rate: Support MPEG 1/2- Layer 2/3 (MP3), all bit rates within 8kbps~320 kbps and VBR -Memory: Built-in Basic Memory (64/128/256 MB according to product) -PC Interface: USB, File transmission rate at maximum 4 Mbit/Sec -Battery: 1.5V (AAA) 1unit (maximum 9hrs of continuous playback) -Button: 2 Jog Levers (PLAY, FF, REW, VOL UP/DOWN, MENU, REC), REC Button -Switch: HOLD -Indicator: 128 x 16 Bitmap (indicates track info)-Icon: Battery Level, mode, volume, album, track, elapsed time, repeat, memory the United States, equalizer) S/N Ratio : 95dB Maximum Output : 6mW(16 Ohm earphone)-Output Frequency Band : 20Hz~20KHz Dimensions: 83.8mm 35.9mm 16.1mm (height width thickness)Weight : 40g (without battery)