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Top Mobile Professionals Bring Wealth of Experience and Expertise to New modu Office In Korea


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© Business Wire 2008
2008-05-14 05:02:59 -

- Solid Ground (EMEA PR agency for modu) Simon Hill Tel +44 (0)7852 924851 E-mail: simon.hill@solidground.eu or Solid Ground (US PR agency for modu) Michael Lopez Tel +1 408 332 2596 E-mail: michael.lopez@solidground.eu modu continues its global expansion today with a new office opening in Korea, the second of a number of overseas operations planned by

the pioneering company.

modu mobile Korea will be a hub for the company's industrial design and mechanical engineering activities, drawing on the large pool of design talent and manufacturing skills on offer in the region.

modu is the world's first modular mobile phone supported by a variety of ecosystem partners. At the heart of the ecosystem is modu - a tiny, sleek and sophisticated mobile phone. modu can be slipped into a wide variety of modu jackets - stylishly designed phone enclosures and modu mates- modu-enabled consumer electronic products. modu's ecosystem offers boundless possibilities in a simple and affordable way.

The Korean team will be led by Mr. Youngha Lee, formerly CTO of Pantech & Curitel, a cellphone OEM which has sold millions of cell phones worldwide. Amongst his achievements during his period there, Mr. Lee oversaw the development of numerous handsets and managed about 1,000 people. Prior to this, he was at Samsung for 20 years most recently as VP Overseas Sales & Marketing.

modu mobile Korea's president is Mr. Choon Sik OH, the former COO of Hynix, one of the largest Korean corporations, and a key member of the team who took the company from almost a bankruptcy to a business that generated sales of $10 billion. During his time at Hynix, Mr. OH forged extensive strategic alliances and was responsible for strategic IP management, resulting in the company becoming the third largest player in its market in the world.

Both Mr. Lee and Mr. OH bring vast experience and expertise to the Korean office, and their years in the mobile industry are an enormous asset to modu.

The Korean team will be responsible for all aspects of product design for modu and modu jackets, including user interfaces, industrial and mechanical design, and engineering. The company is looking to hire the best talent in the market to join the 20 strong team members currently employed in the Korean office.

Mr. Lee said: "It is rare in the mobile phone industry to find a concept that is original, innovative and which represents a break with the status quo. But that is precisely what modu has done, becoming an overnight sensation in the process. There is so much potential around modu's ecosystem and it is a privilege to be part of that revolution."

Mr. OH said: "Korea has an enormous amount of experience and expertise to bring to the development and growth of modu's brand. modu completely rewrites the dynamics of the mobile phone industry as it has developed over recent years, and I am proud to be a part of this exciting new era of mobile technology."

Jacob Shama, VP Operations, said: "Design, engineering and manufacturing are essential to the growth and development of modu's unique and disruptive approach. The stellar success we have achieved so far - in terms of products and platforms - is an extremely exciting starting point which we look forward to build on.

"The modu Korea operation is a vital component in the next chapter of our history, and we are extremely fortunate to have two such distinguished individuals as Youngha Lee and Choon Sik OH on board as we look ahead to the many opportunities that lie in wait for us."

NOTES TO EDITORS

About modu

www.modumobile.com

modu was established by Dov Moran and several of his colleagues from msystems, a company he founded and sold to SanDisk in 2006 for $1.6B. modu's vision is to bring a fundamental change to the dynamics of the mobile phone industry. The company is dedicated to developing products, technologies, a wide ecosystem and business relationships that will help realize that ambition.

modu gives users the freedom to choose a new phone as often as they like, meeting their changing needs, preferences and style- easily and affordably. At the heart of the modu ecosystem is modu - a tiny and sophisticated mobile phone. modu can be slipped into a wide variety of modu jackets - stylish phone enclosures that enable users to create a new look or design and provide added functionality. modu can also slip into modu mates- consumer electronic devices that are modu-enabled - allowing users to create an entirely new communication experience.


¶ -- Youngha Lee and Choon Sik OH bring decades of experience and
enviable track records to modu's business

¶ -- Korean office will provide leading edge breakthrough in design
and manufacturing for modu




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