21st Oct 2004, Seoul, Korea: China's Red Flag Software, Japan's Miracle Linux and Korea's Haansoft were gathered at Seoul's COEX on October 21 to sign an official agreement to jointly-develop "Asianux", in hopes to achieve a standard form of Linux in the Northeast Asian region. The ceremony attracted a wide spectrum of attendants ranging from government agencies, corporations, educational institutions, and Linux communities.

The joint-development will take place in the Linux Joint Development Center of Oracle's China Development Center in Beijing with each company sending at least two full-time developers. Under the agreement, Asianux 2.0 OS (operating system) will be jointly-developed among the three companies beginning in January 2005 and released in September 2005. Haansoft will package it as Haansoft Linux 2005, Redflag as Redflag 4.2, and Miracle Linux as Miracle Linux V4.0. All three companies will have "Asianux Inside" marked on their respective packages.

With Haansoft as the host of the ceremony, President & CEO Jong Jin Baek stated in his opening remarks that "the recent MOU signing along with today's official signing of 'Asianux', Haansoft endeavors to establish a new reliable platform to be independent of a certain dominant platform".

During the first presentation from Miracle Linux's President, Takeshi Sato, he commented that 'Haansoft's participation has enabled "Asianux" to become a real Asian standard Linux'. Some of the points that were covered included the history, philosophy, vision and benefits of Asianux as well as the recent trend of Linux servers in Asia. In regards to Japan's market size, the portion of Linux's market share at the end of last year was 9% and that it would reach 17.8% by 2008.

Ensuing Miracle Linux was Redflag's President Chris Zhao in which he discussed the significance of Asianux and China's Linux market. Mr. Zhao also emphasized the strong support from the Chinese government exemplified by the e-government project of 33 billion yuan. Other topics included the potential Linux market size for China and Redflag's market position. It was also pointed out that China's Linux market size would grow at an average rate of 46.7% during the next five years.

The presentation session concluded from Haansoft's Kwang Jei Cho of the Business Integration Division. Although Korea's Linux market in relatively small in comparison with other nations, he underlined Haansoft's role to "trigger" the growth of Korea's Linux market. In general, all three companies accented the significance of "Asianux" becoming the Linux standard in Northeast Asia.

About Haansoft
Haansoft has developed an independent word-processor 'Hangul', which is optimally suited for work in the Korean language environment. 'Hangul' has obtained 70% of the entire Korean word processing software market since its introduction in 1990. "Hangul" has become a virtual household name synonymous with "Korean word processing software". Haansoft is working to create the dawn of a new era in the world of word-processing with the high-quality content and cutting-edge technology of the 'Hangul' software. 'Hangul' demonstrates outstanding capability in character processing. Therefore, it has been easily reengineered into multilingual (Chinese, Taiwanese and Japanese) word-processing software. For these reasons, 'Hangul' has been showered with rave international reviews from end-users to product reviewers. 'Wen-jie', the Chinese version of 'Hangul', and 'Hangul Millennium', the Japanese version, are recognized in both China and Japan for their excellent features.
Haansoft is developing variety Linux solutions, such as Haansoft Linux OS, Hangul for Linux, Thinkfree Office as a office suite for Linux, Workdesk as a groupware, mass mail system, and others. As a Linux leading company in Korea, Haansoft has partnership with other Linux companies and global solution venders, and co-operation with Linux communities, universities, and research institutes to promote Linux.

About Red Flag
Red Flag Software Co., Ltd. was founded in June 2000. It focuses on the development and marketing of Linux operating systems and application software on multiple platforms for the constantly growing base of Chinese technology users. Red Flag's Linux solutions include the Red Flag Linux Desktop, low-to-high end Red Flag Linux Server, Red Flag Embedded Linux OS, Security Server plus industry solutions based on the Red Flag platform. Red Flag is the leader in offering a combination of free software and unparalleled technical expertise among Chinese users. It is Oracle's Linux partner in China. Red Flag and Oracle jointly developed and delivered Red Flag DC Server 4.0 Operating System in June 2003. Chinese customers such as China Post and Xiaolanzhen Town have adopted it. To learn more about Red Flag, please visit www.redflag-linux.com

About Miracle Linux
Open for business since June 1, 2000, as a dedicated provider of Linux server operating system-related products and services, Miracle Linux carries out a variety of projects, focusing on the development and sale of Linux operating system, sale of Linux versions of Oracle software products and provision of Linux-related support services including consulting, education and maintenance. For more information about Miracle Linux, please visit our website at www.miraclelinux.com

Chibum In, Haansoft, Inc.
 +82 2 3424 0547, icbm8871@haansoft.com

Takashi Kodama, Miracle Linux
 +81 3 5562 8300, mktg@miraclelinux.com

Bai LiPing, Red Flag Software Co.,Ltd.
 +83 8610 82656655, sandybai@redflag-linux.com