Company Introduction 2017

initialT, Think Hard, Better by initialT

2017.04

2

initialT’s Identity

ContentsInvestor Relations 2017

Market Status

Market response of initialT

Key Solutions

History

Competitiveness of initialT

Core Competence(Technology)

initialT Reference

31. initialT’s Identity

Professional development company of mobile-based communication solutions

Multi MediaDeliverySolution

Multimedia Transmission Solution

IoT

Solution-based IOT

RoIP G/W

RF Radio Interworking Device

*PTT?

Push to Talk is an abbreviation of

"Push and Talk" and refers to the

means of communication, also known

as walkie-talkie.

*UC?

It provides a variety of

communication tools within a single

platform and is understood as a

messenger for the enterprise.

*RoIP?

Abbreviation for Radio over Internet

Protocol. This is a protocol that allows

you to connect your walkie-talkie to

the Internet and make calls anywhere

in the world.

SI

Integrated development of multimedia software

ASP

Monthly Rental Service

UC

Business-centricUnified Communications

CloudContactCenter

Cloud-type Video Customer Center

Dispatcher

PTT

Internet-based Radio

Integrated Control Room Building Solution

42. Market Status - Trends(Tech & Service)LTE Mobile communication network + Switching to smart device-based "IP-PTT, UC, TBlock3C" Technology / Service!

Market

size

World

market

※ VDC Research Group

※ TRS-TETRA&ASTRO Market size

- World market : Motorola presumption

- Korea market: Establishment of Strategy for Integrated

Command Wireless Network

※Domestic Digital Radio Market Size (Motorola presumption)

Annual sales of 120,000 units, \30 billion

- Motorola , Domestic and overseas market share 50%

Korea

market

Expected market size of domestic and international radios(in 2014)

TRS frequency return after 2018

Need for alternative radio communication

infrastructure

Overseas Market

Nationaldisaster network

B2B Market(Radios,TRS)

Carriers

Demand for IP-PTT is

skyrocketing due to the spread

of smart devices worldwide

Changing for charge from the voice

based to the data based. Emerging as

an additional service of IP-PTT

\44 trillion

961 billion

\1.2763 trillion

Smart Contact Center Market

IP-PTT

UC

Communication

The need for a new paradigm in a market of 20 trillion scale a year

• Bridgetech: First place in call center

Both has been grown sales and sales

portion from \16.7billion(59.4% of sales)

in 2011 by \39.8billion(75.8% of sales)

in 2015

• The contact center industry grew

38% in 4 years

• According to the latest edition of 'Contact

Center Industry Overview', which Prime

Economy publishes annually since 2011, the

contact center industry in 2014 is the sector

with sales of \20,355.1 billion with 374,138

employees.

Needs for new paradigm due to limitations of traditional equipment based customer contact center.

• Charge for construct and expand technology maintenance expenses

due to traditional equipment

• Needs for cloud-based services for a variety of service providers and

small businesses

Non-Face authentication passed the National Assembly in May 2016

• Financial transaction through face-to-face identification

• Allows a variety of non-face blind verification methods

Smart Contact Center Market

5

Responses to changes in market needs and rapid response through forecasting

LookieTalkie-UCLookieTalkie-PTT

TBlock

Solution-based IOT platform supply

LookieTalkie-PTTLookieTalkie-UC

Tblock, Tblock-3C

Initial/reinvest/maintenance

cost savings

LookieTalkie-UCLookieTalkie-3C

Video control, video customer center,

etc. multimedia service convergence

LookieTalkie-PTTLookieTalkie-UC

Simplify field personnel terminals

Support various devices

Market needs

initialT’sSolution

LookieTalkie-PTT

Solve Radio Communication Hearing Zone

Outside communication /

Expansion of national network

LookieTalkie-UC

B2B Unified Communications

UC Solutions

LookieTalkie-PTT

Mobile-based

IP-PTT solution

TBlock

Multimedia data transmission

solution

LookieTalkie-RoIP

RoIP gateway equipment

LookieTalkie-3C

Cloud-based video customer

center

3. Market response of initialT(Own-solution)

Original radio communication

Utilizing Infrastructure Systems

6

R&D for leap, entering of future promising industry through business alliance

3. Market response of initialT (R&D and Business Alliance)

New Business O2O IOT

R&D Business Alliance

Easy customization based on own-contained library

Gain competitive advantage through efficient market response

Overseas Business

Beacon-based parking

management, unmanned

delivery service, door lock,

smart bell service, IOT platform

development

Web-RTC based media engine

Valet Service: ‘My Valet’ Service

Alliance

Cloud-based video customer

center development

Smart helmet specializing

company, 'Analog Plus',

'Eisele Electronics' service

alliance

Commax and Ssociso New

Stay Service Platform

business alliance

Supply Germany non-face-to-

face authentication video

platform

Indian ATM based video

surveillance consulting

Vietnam farming IOT platform

consulting

United Arab Emirates airport-

PTT technology supply

7

Smartphone radio solution can connect and talk anywhere, LookieTalkie-PTT

4. Main solutions

Smartphone communication (PTT) function

iOS Android

Supports radio communication between Radiosand smartphone (PTT)(RoIP G/W needs)

RoIP G/W(LookieTalkie-RoIP) MobileRadios

TRS/UHF/VHFRadios and radios communication possible

Various OS Support(Android/iOS/Windows)App can be installed on dedicated terminal

Bluetooth, wired ear-setsupportUsing both hands in noisy environment OK!

8

LookieTalkie-PTT Server / Customer Monthly Service LookieTalkie-PTT ASP

4. Main Solution

Applied Field

LookieTalkie-PTT ASP building case

Individual / group multi-party radio

communication service

- Cargo, transportation

- Company / Factory, construction, manufacturing,

distribution, expenses, service

- Public office, public institution

- Individuals, clubs, events

Supplied LookieTalkie-PTT ASP solution

to NESIC(Japan) (Opening in Japan through NESIC)

Supplied cloud based enterprise PTT ASP solution

to LGU +

- Car Maintenance / Kitchen Furniture Store

- Express Bus / Cargo / Courier Driver

- Event company

- Small and medium-sized franchise stores

LookieTalkie-PTT Server/Client Monthly Service

Providing Smart Radio Service(iOS, Android, Windows)

Providing Interworking Service with UHF/VHF/TRS Radio

Global Service Server(Asia, Europe, North America)

Service (Amazon Cloud, KT U-Cloud)

Monthly pay

Customer/Company Location control service

Smartphone

LookieTalkie-PTT

LookieTalkie-PTT ASP

9

LookieTalkie-RoIP(RoIP gateway) which is connecting radios and smartphone

4. Key Solutions

(Connecting radios and cable) Can communicate with smartphone walkie-talkie

Features of LookieTalkie-RoIP

RoIP G/W(LookieTalkie-RoIP) LookieTalkie-PTTRadios

Providing radio communication between existing radios and smartphone

- Use an existing radios in an Internet-based communicationenvironment

Disable communication distance limitation of existing radios

- Unlimited extension of radio wave distance, which is the limit

of conventional radios, through internet

Overcoming limitations of shaded area of existing radios- Overcoming the limitation of the analog communication method

by converting the shadow area into digital

LookieTalkie-RoIP R3 (Rack type)

Jack type model

Serial type model

Portable type

10

LookieTalkie-UC is unifying communications for enterprise/video control solution

4. Key Solutions

Real-time video transmission of various devices / View on mobile and PC

Features of LookieTalkie-UC

Real-time CCTV and various device video

transmission and inquiry

Video search function

Mobile-based video / voice call

Sharing of chat and user location information

Real-time video transmission and storage via mobile

Live video broadcasting (LIVE) and VOD

CCTV

Server

Desktop PC

Smart Phone

Tablet PC

DVR

Wearable devices

source in source in/out

Contact list Voice/Videocommunication

Chatting/File sharing Manage your profile

LookieTalkie-RTB is visual control application in PC

LookieTalkie-RTB

4. Key Solutions

Cloud-based smart video call center LookieTalkie-3C

Application field

LookieTalkie-3C Case Study

German financial sector non-face-to-

face certification video Customer center

module supply

Proliferating abroad such as Portugal

Cloud-based video customer center solution

- O2O operators, cargo, transportation

- Company / Factory, Construction, Manufacturing,

Distribution, Expenses, Service

- Facility Management / AS Center / Insurance

- Public office, public institution

- Financial sector

Built-in Contact Center – “High Reliability and Security＂

Customized services optimized for your business

environment

Leverage data information and enhance security

ASP-type contact center - "pay as much as you use“

Flexible resource allocation and recoverable rate

Reduce costs of construction and reduce costs

Conformant contact center– “Responding to market changes“

Accept new customer channels through service convergence

Minimal change, maximum effect - Faster market response

12

TBlock is Multimedia data transmission solution for SI

4. Key Solutions

Multimedia / mobile based high performance library

Features of TBlock

Various OS Support(Windows, IOS, Android)

Multimedia player

Supports various devices and formats such as

CCTV / DVR / VMS

Supports various streaming formats and protocols

Highly developed SI development capability based

on TBlock library

PLAYERTRANSCODER

MANAGER Instant Messaging

PC(Web)SoIPSmart TV

Smartphone Tablet PC

Wired/wireless Internet-based multimedia service, N-Screen

End-User Customer

CODECSTREAMER

Prepared media player by platform

N-Screen PlayerPlayers optimized for media streamingSupport various OS and protocolsSupport for app type or development library

Full streaming and conversion solution

Media ServerLive streaming support for VOD, Live broadcastingN-Screen streaming support (iOS, Android, Flash)Various streaming, protocol support

Real-timeCodec

ConversionMobile

Streaming

Multi-channelMixing

High performance codecfor smartphone

Codec

Optimized video / audio codec for smartphones provideProvides high performance codec using CPU / GPUacceleration function

Codec development function for customizing of customer

SMD-based high-performance library provide

Codec Container+ Media processingMux / Demux support in various media formatsHigh performance media processing library supportCPU acceleration function such as MMX, NEON etc.

13

9 years since establishment Established a large number of achievementsin communication sector large corporations and government offices

5. History

2015 2015.122015.102015.092015.092015.07

2015.062015.052015.042015.04

Supplied RoIP server for train radio equipment of Busan subway line 1Construction of on-site video transmission system in Sejong Special Self-governing CitySupply LookieTalkie-PTT solution to Hotel ShillaKorea Red Cross, construction of comprehensive disaster safety situation roomBuilding of Sejong City Fire Fighting Headquarters, Field Visual System Linkage and Smart Safety Management System

2011 ~ 20142014.082014.062014.052013.102013.092013.072012.112012.082012.012012.012011.122011.10

LG U+, PTT Service development2014 Incheon Asian Game Smart Safety Management Integrated Service DevelopmentLaunched LookieTalkie-PTT ASP serviceSupplied video security solution to COMMAXSupplied GMES radio system to Samsung ElectronicsDOLBY LABORATORIES / Android Dolby Player Engine 2.0 developmentParticipated in KNCCS performance improvement project of South Korea NavySigned a contract to use ‘LookieTalkie' for YBM Sisa.com / unified communications platformDelivered media solution for Yonsei University. (Mobile player, conversion server solution, streaming solution)Developed S/W image processing module for remote control solution for household appliances for Samsung Real-time video transmission solution for reporter to SDS / Samsung Electronics Contracted with Samsung SDS / Samsung Electronics for supply of MES mobile CCTV, mIM and video phone system (supply initial solution solution)

2008 ~ 2010 2010.102010.102010.062010.032009.092009.012008.082008.04

Develops digital camera sensor driver and API of Samsung ElectronicsDelivered smart phone video relay solution to MBC / Mobile APP developmentConstruction Mobile G / W of KT Korean Air Establishment of affiliated research institute of initialT Co.(certified by Korea Industrial Technology Association)

KT, QOOK Internet phone audio type media application service developmentDevelopment of Survey Information Management Center S / WDeveloped KT SoIP Radio service and traffic broadcasting clientIncorporated initialT Co., LTD

2016 ~ 2016.122016.102016.102016.092016.08

LG U+ radio developmentBuilding of SK, Smart Signage platform Nable Communications developed PTT-RoiP GW interworking function and command vs. demo systemNESIC, Sky Transceiver ASP Step2.0 development

Provided video center platform for non-face-to-face authentication of German financial broker 1Provided IP-PTT solution for smart plant of LG Chemical Daesan Plant Supplied KT international phone 001 service app developmentProvided video relay solution for Seoul Fire Station Supply OOOO unit IP-PTT solution

14

Excellent manpower, high performance solution, fast trend analysis/response

6. Competitiveness of initialT

High Performance Solutions

initialT

Apply solution-based IOT platform

Having good workforces Trend Analysis/Response

LookieTalkie-PTT is a stable smartphone radios solution even in 3G environment

LookieTalkie-UC unified communications solution proven performance and reliability in 2014 Asian Games

RoIP Gateway LookieTalkie-RoIP is Achieving high performance and low price

TBlock is multimedia core function library for SI TBlock-3C is available cloud-based video Customer

Center built with minimal cost investment Mass (over 100,000) communication traffic

processing architectures ASP platform for large scale communication

services

Over than 40% of core manpower has experienced more than15 years in communication company

Advanced technicians is more than 80% of manpower

Know-how of various experiences including public and local government, supply of industrial solution and development of SI delivery

National backbone consulting experience Mobile expertise such as IOS / Android Service server, core engine development technology

Commercialization of TRS frequency recovery prediction and IP-based radio solution LookieTalkie-PTT

Pioneer overseas market through launching ASP servicein Japan

Successful supply of the latest video engine R & D (TBlock-RTC) that guarantees QOS to overseas market

Delivered the first radio communication solution to three communication companies (LGU+)

Delivery of integrated disaster safety solution LookieTalkie-UCto local government and government offices

Focus on IOT and O2O market through aggressive R&D and business alliance

Integration of IOT platform based on own

solutions

Helmet, stand-alone radio interlocking device,

etc. technology convergence of various IOT

device of own solutions

IOT device convergence service business based

on own technology such as digital door lock

unmanned delivery service visitor control system

etc. is progressing

15

Various awards and certifications such as new technology, software quality and management

7. Core competence (technology)

NET New Technology Certification GS Certification (LookieTalkie-RoIP) ISO Quality management certification

GS Certification (LookieTalkie-PTT) 2014 Award of New Software Products 2015 Award of New Software Products

16

Having many patents related to multimedia/content

7. Core competence (technology)

Broadcasting terminal, broadcasting control system and their broadcasting control method

Broadcast receiving terminaland control method thereof

Terminal having additional password and control method thereof

Messaging system via media session and control method thereof

Method and system for providing knowledge image contents

No. 10-1165308 No. 10-1231230 No. 10-1287110

No. 10-1333633 No. 10-1592512

17

Increasing of government related delivery after Asian Games through LookieTalkie-PTT service stability proof and promotion

8. initialT Reference

Customers Incheon Fire Safety Division, Incheon Asian Game Smart Security Management System Building

Customer needs

• Mobile based real-time propagation and reporting system

construction

• Reducing the cost of introducing radios for stadium safety

personnel Building

effect

• LTE nationwide network radio communication system and situation propagation improvement• Improving the ability of on-site security personnel to cope with emergencies• Reduced cost of base station's installation and radios introduction: 1.86 billion• Reduce safety management situation propagation time: average 30 minutes / day• Results of using Smart Safety Management System

- 4,000 security personnel registration, emergency and status reporting: 5,600 cases

Key Features

• Smartphone-based IP-PTT app (compatible with existing radios)

• Real-time situation propagation service based on multimedia

data

• On-site video transmission, CCTV inquiry, situation report

Real-time transmission of field video(Smart View)

IP-PTT(LookieTalkie-PTT)(Smartphone Radios App)

Reporting of on site's status(Report)

CCTV Monitoring(Real-time, Recording)

Unified Communication(UC)(Video/voice call, IM)

18

Expansion of 14 Red Cross offices nationwide by proving of LookieTalkie-UC solution performance within the private network

8. initialT Reference

CustomersKorean Red Cross, building of video conferencing solution for Disaster relief scene transmission via smartphone

Customer needs

• Establishment of the Red Cross Society Disaster Situation Room• Real time video transmission function

Building

effect

• Disaster site situation reporting system through many field agents such as Korean Red Cross staff and volunteers• Possibility to control remote site situation on overseas disaster relief site through available communication network (3G, LTE, Wi-Fi) at overseas disaster site(3G, LTE, Wi-Fi) at overseas disaster site• possibility of expansion of control service of 14 Red Cross offices nationwide• Dedicated communication services with 21 blood management institutions• Dedicated communication service with 6 Red Cross hospitals

Key features

• Smartphone-based IP-PTT app (compatible with existing radios)• Real-time situation propagation service based on multimedia data• On-site video transmission, CCTV inquiry, situation report

19

Interworking with existing system and applying LookieTalkie-UC / LookieTalkie-PTT simultaneous control system

8. initialT Reference

Customers Samsung SDS, Construction of GMES radio system in the Samsung Electronics factory

Customer needs

• Convergence type radio system construction with

existing system

Building

effect

• Combined LookieTalkie-PTT service with mobile UC +

CCTV function of existing Samsung Electronics GMES

system

• Contributing to efficiency of field collaboration due to

combining factory automation system with smartphone

radio communication function

Key Features

• Smartphone-based integrated monitoring

• Smartphone Multi-party Video Communication (UC)

• Smart radio function (including RoIP interworking)

RoIPGateway equipment

[Existing analog radios]

Compatible with existing analog radios

20

Applied LookieTalkie-PTT in hotel and facility management field. Eliminate shaded areas and activate Bluetooth accessories interworking

8. initialT Reference

CustomersConstruction of Smartphone Radio Solution for Hotel Shilla such as valet agents and duty free shop clerks of Hotel Shilla

Customer needs

• Eliminate radio shadow areas

• Radio recording function

Building

effect

• Expansion of service target through radio group

designation

• Hands-Free PTT support via Bluetooth

• Elimination of limited communication range and

hearing loss range of existing installed radio

• Available of manager radio propagation possible in

anytime, anywhere

• Utilizing location sharing services for prompt

dispatch of parking agents

Key Features

• Individual / group multi-party radio

communication service

• Mutual location sharing service

• unreceived radio recording function

21

Private LTE large-scale factory radio control system construction

8. initialT Reference

Customers LG Chem - Built smart phone solution in Daesan Plant

Customer needs

• Introduced IP-PTT

• Business process grafting

• Private LTE-based network configuration

Building

effect

• Hands-Free PTT Support via Bluetooth

• Elimination of limited communication range and

hearing loss range of existing installed radio

• Automated wireless activation channeling through

legacy interworking

• Interworking with existing RF radios through

introduction of LookieTalkie-RoIP

• Chemical plant is spreading as core solution of Smart

Factory

• Signed a contract to introduction of Hyundai Steel in

the succeed case

• During LG display introduction design

Key Features

• Individual / group multi-party radio

communication service

• Automatic activation of wireless access control

time and attendance management system

• Optimization of private LTE network

AirPTT Server

LookieTalkie-PTT Server

#1 Server #2 Server

Admin Server

GW Server

LookieTalkie GW

LookieTalkie Server

Admin Server

GW Server

LookieTalkie GW

LookieTalkie Server

MariaDB Server Storage(NAS)File Server

22

Successful ASP penetration in Japan (monthly average growth of 165%). Accelerating overseas market entry

8. initialT Reference

Customers NESIC(Japan), LookieTalkie-PTT ASP Solution Providing

Customer needs

• Building and disseminating LookieTalkie-PTT to

Japan

Building

effect

• Overcoming radios shaded area within B2B service

companies

(Providing nationwide network radio communication

environment)

• Creating profit by providing B2B PTT service

• Reducing the cost of introducing telecommunication

services by replacing the use of radios etc. in existing

companies

Key Features

• Individual / group multi-party radio

communication service

• Mutual location sharing service

23

The first released smartphone radios among the three mobile communication companies

8. initialT Reference

Customers LG U+, LTE Radios Service - LTE based group walkie-talkie

Customer needs

• Obtain LG U + killer service based on LTE

Building

effect

• Providing all IP based communication service

• Differentiated service compared to competitors

• Killer service of LG Watch (Urbane)

• Service to other carriers customers will be providedKey Features

• LTE-based U + dedicated radios service

• Multi-party simultaneous conversation, location

information sharing, use of high quality codec

• U + exclusive phone (ice cream mart), LG watch

"Urbane" mounted

LG Watch Urbane– LTE Radios

Unlimited distance! Clear sound quality!

One-button group call available

Radios Service

24

Construction of mobile wireless base station using LookieTalkie-RoIP. Extend the scope of own solution

8. initialT Reference

Customers Mobile Radio Base Station PTT & RoIP Project of 119 Central Rescue Headquarters

Customer needs

• On-site vehicle - Field personnel - Central

headquarters

• Mobile-based wireless communication system is

readyBuilding

effect

• On-site dispatch vehicle - Field agents- Establishment

of smart radio communication system between 119

central rescue headquarters

• On-site (on-the-move) - Provides smooth work

coordination between central personnel

• Elimination of limited communication range and

hearing loss range of existing installed radio

• Reduced cost of installing base stations and

introducing radios: 2 billion

Key Features

• Mobile base station device for on-the-spot

vehicles (LookieTalkie-RoIP) provided

• Radio communication compatible with UHF radio

(8 channels) for automobiles

25

Construction of non-face-to-face certification video customer center using LookieTalkie-3C

8. initialT Reference

Customers German financial institution - Finotec

Customer needs

• Establishment of video customer center for non-

face-to-face certification in Germany

Building

effect

• Possibility of upgrading to video contact center

through integration of existing financial services apps

and contact center capabilities

• Reduced cost due to minimum cost center build

• Expansion of overseas markets including PortugalKey Features

• Introduced RTC-based engine technology to

guarantee QOS

NF2F Server System

API Server Media ServerTURN/STUN/SRTP

(TLS/DTLS)

Signaling (TLS)

Signaling Server DB Admin ServerTURN/STUN/SRTP

(TLS/DTLS)

Signaling (TLS)

REST API (HTTPS)

SRTP

(TLS/DTLS)

Customer App

UI + Business Logic

TBlock Signaling Lib

SignalingAPI

TBlock RTC LibRTC API

WebRTC TBlock

Extensions

Android/iOS

Call Center Agent App

UI + Business Logic

TBlock Signaling Lib

SignalingAPI

TBlock RTC LibRTC API

WebRTC TBlock

Extensions

Windows

Bank System

REST API (HTTPS)CustomerCall Center Agent

Thank you.Investor Relations 2017