SUNNYVALE, Calif. -- KT today announced a strategic partnership agreement in Wave-2 Mobile WiMAX with Amicus Wireless Technology, an innovative fabless semiconductor start-up company focused on chipsets optimized for mobile stations. KT is a leader in advanced wireless technology and has launched commercial Mobile WiMAX deployments under the WiBro service offering.

Wave-2 Mobile WiMAX builds upon the strengths of current WiBro services by adding intelligent antenna support such as MIMO and Beamforming. These advanced antenna technologies will significantly improve the already outstanding capabilities of WiBro to make it the world's best performing mobile data service. Dr. Won-Pyo Hong, Executive Vice President of KT, said, "We are pleased to be partnering with the outstanding team at Amicus in this next step in the evolution of WiBro. Amicus' strengths in building handset optimized chipsets for Wave-2 Mobile WiMAX will enable KT to bring even higher performance wireless networking to our subscribers."

The Amicus/KT partnership developments will focus on the AWT2000 chipset for Wave-2 Mobile WiMAX mobile devices. Handsets and other mobile terminals enabled with the AWT2000 are expected to deliver the best power/performance characteristics of any carrier-class wireless data service. As a part of this strategic relationship, KT will also be making an investment in Amicus.

Dr. Jin Lee, President and CEO of Amicus, commented, "We are honored and excited to be partnering with KT, the worldwide industry leader in deploying Mobile WiMAX. We look forward to working with manufacturers and carriers around the world to enable the growth of the Wave-2 Mobile WiMAX."

KT Corp.

Amicus Wireless Technology Inc.