2012GS Technology Co., Ltd.

Pure Powerful

Smart Affordable

1. Introduction

Company Name

GS Technology Co., Ltd.

President KIM JONG SOO

Found On May 6th 2000

Address280-4, Yeomchang-Dong, KangSeo-Gu, Seoul, Korea

TEL 82-2-2668-0610

FAX 82-2-2668-0752

Website/

E-mailwww.gs-tec.co.kr / info@gs-tec.co.kr

� 2000. 05 GS Technology Co.,Ltd was Established and Registered

� 2000. 08 Designed First Electronic Stethoscope for Telemedicine (Version 1.0)

� 2001. 06 Designed Electronic Stethoscope for Doctor & Bio signal Analyzing

S/W (Version 2.0)

� 2001. 09 Partnership was Established with Picture Tel in America for

Telemedicine Products

� 2002. 02 Designed Electronic Stethoscope & Bio signal Analyzing S/W

(Version 3.0)

� 2002. 04 Received Small and Medium Business Administration Award for

Technical Innovation

� 2002. 04 Factory Registration is Completed in Korea

� 2002. 06 Approved for Korean FDA

� 2002. 11 Exhibited Medica 2002 in Germany (Hall 14 / F 47)

� 2003. 02 Acquired CE 0120(Class 2)

� 2003. 02 Acquired ISO 9001, ISO 13485

� 2003. 10 Sold to Choong Wae Phamaceutical Company, Korea

� 2003. 10 Exported to Fazzini, Italy

� 2003. 10 Approved for US FDA 510K Class II (No. K031446)

� 2004. 01 Sold to N-Bio Technology Co.,Ltd, Korea

� 2004. 03 Exhibited at KIMES 2004 Medical Trade Show in Korea

2-1. History of Company

2-2. History of Company

� 2004. 04 Sold to Solco Bio Medical Co., Ltd Korea

� 2004. 07 Exported to Webtec International, USA

� 2004. 09 Sold to SUDO Pharmaceutical Company, Korea

� 2004. 11 Exhibited at Medica(US Pavillion) in Düsseldorf, Germany

� 2004. 11 Approved for Japanese FDA (No. 13BY6360)

� 2004. 11 Exported to Ex-Partner Japan, Japan

� 2005. 01 Sold to KOMECO Co.,Ltd for Firefighter office Project, Korea

� 2005. 04 Exported to Omiprax, Czech Repubic and Many Countries

� 2005. 11 Launched Kang Won Province (Mountain district) Telemedicine

Project, Korea

� 2006. 07 Launched Chun Nam Province (Isolated island district)

Telemedicine Project, Korea

� 2006. 08 Launched Ubiquitous healthcare Project with SK

� 2006. 12 JABES received a Design Prize for Gold medal from

secretary of Commerce, Industry and Energy in Korea

� 2007. 06 JABES awarded Customer’s experience note with KOTRA

� 2007. 08 Launched U-Army Telemedicine Project for Korea Ministry of National Defence

� 2008. 02 Launched Chung-Nam Province Telemedicine Project, Korea

� 2008. 03 Supplied to Gil-Hospital PSTS full system including Video telecare

� 2008. 12 Launched Kyong-Nam, Kyong-Buk Province Telemedicine Project, Korea

2-3. History of Company

� 2009. 04 Supplied JABESs to 119 Rescue Center in Chung-Buk Province

� 2009. 06 Supplied JABESs to Korea Unified Military Hospital for H1N1 flu

� 2009. 08 Supplied JABESs to Chung-Nam Province Telemedicine Project

� 2009. 11 Exported JABESs to Malaysia

� 2010. 01 Supplied JABESs to 119 Rescue Center in Cheon-Nam Province

� 2010. 10 Sold JABESs to ChongKeunDang Pharmaceutical company

� 2010. 10 Exported to Turkey

� 2011. 03 JABES participated in MARS 500 project in Russian Federal Space Agency

� 2011. 03 Exported to Zambia, Nigeria like African countries

� 2011. 05 Participated to Philippine College of Physicians 41st annual convention

� 2011. 10 Participated to MedTrade exhibition at Atlanta, Korea-US HT Partnerships at

New York

� 2011. 12 Exported to Brazil, Malaysia

� 2012. 02 Exported to Romania, Turkey, Saudi Arabia

ISO 13485

Korea Food & Drug Administration

510K Class II No. K031446

Europe CE 1023

ISO 9001

JFDA 13BY6360( )

3. Approval Certification of JABES

4. FDA Certification

History of stethoscope

1816

1852

New York doctor Geoge Commann

1961

1945

Now

French Young doctor Laennec

David Littmanndesigned

First developed electronic stethoscope by RCA

Power on/off buttonAuto-shut off after 3 minutes

Volume button20 times amplified sound at level 7. Choose a sound level that fits best for them.

Mode buttonChoice of 3 Frequency mode

Battery warning LED signals on “B” when replacement needed.

Diaphragm modeWide mode

Bell mode

Screw type washer for simple maintenance

Name Tag engraving your name

Holds last mode and volume setting for convenience

JABES comes with noise reduction technologies, which provides clearer sound.

Binaural fixed at snug angle and tension for aural fit

Comfortable and Soft Ear tips

DC 3V, 2 AAA Batteries and life 100 Hours, 29 inch, 6 oz

Manual JABES Analyzer software CD

JABES Stethoscope Full Package

10ft audio cable interface between computer

Doctor’s OpinionReferences files* Abnormal sounds

Patient information window

Listed Patient’s data

JABES Analyzer View

Patient’s Bio-signal graph* Blood sugar level

Patient’s Phono Cardio Graph on Real time

Heart pulse

Reference Phono Graph

JABES Analyzer View

JABES Analyzer Full PictureJABES Analyzer View

Benefits

A. Choice of Three Frequency RangeWith JABES Life sound System electronic stethoscope, healthcare professionals can choose one of three ranges of frequency: Bell, Diaphragm, and Wide mode. This enables JABES users to hear clear and accurate body sounds, which they never experienced before. JABES provides a Clear and loud sound to doctor’s ear with minimum effort.Doctor can reduce fatigue to concentrate listening faint body sound.

B. Maximum Noise Reduction SystemNew JABES electronic stethoscope provides clearer sound. Doctors should be able to hear the turbulence noise of carotid arteries by JABES, which is caused by atherosclerotic plague without a non-invasive equipment.

Not all Electronic Stethoscope are same. JABES can deliver most closed to natural sound.

Benefits Continued, page 2

C. Customize Sound LevelJABES electronic stethoscope comes with eight sound levels; analog sound at level 1 to 20 times amplified sound at level 8. Users can choose a sound level that fits best for his or her ear, and JABES remembers each user’s custom level.

D. Smart Power Management SystemJABES runs up to 100 hours with two AAA Alkaline batteries, which are inexpensive and readily available. 100 running hour is twice longer than our closest competitor, which requires more expensive and hard to purchase lithium batteries for camera.

E. Auto Shut OffJABES electronic stethoscope turns off automatically when there is no activity for 3 minutes. Low Battery indication light lets JABES users to know when batteries need to be replaced.

F. Easy to Operate JABES electronic stethoscope is easy to operate. JABES’ intelligent design allows entire operation of JABES electronic stethoscope can be done with a small movement of index finger.

G. Convenient to UseClearly marked function buttons soft and clearly marked. Mode and Low Battery indication light is small, yet easy to seen by users. JABES electronic stethoscope also remembers sound level and mode, which are set by each user.

H. Same Feeling and Weight as Conventional StethoscopesJABES electronic stethoscope weighs 170g, which is the average weight of conventional stethoscope. JABES also feels like traditional stethoscopes.

I. Easy Wear Ear PieceJABES ear pieces are specially designed in size, angle and structure for comfortable to wear.

J. Simple MaintenanceDiaphragm and ear pieces can be easily taken apart for cleaning and replacement.

K. Rugged Structure For maximum durability, JABES Life sound System electronic stethoscopes are built with the highest quality raw materials.

L. Monitor, Record and PlayPatients body sounds can be monitored, recorded and saved for future reference. This information also can be sent to other JABES users through internet. Real time remote diagnose is possible thru video conferencing program like Skype, MSN.

M. Wave Reference Data Base*Wave reference data base, which contains more than 55 heart and lung sounds and their phonocardiogram, can be a valuable tool to the JABES users. Healthcare professionals sometimes face a very unfamiliar body sound.*The reference waveform list is for reference only. JABES accepts no responsibility for diagnosis or misdiagnosis of patient.

Benefits Continued, page 3

N. Patient Data ManagementThe healthcare professionals can manage virtually unlimited number of patient’s information such as name, address, phone number, ID number, weight, blood pressure and so on.

O. Great Counseling ToolPhonocardiogram can be Printed and Used for the Conferences with Patients and Other Healthcare Professionals. Ideal tool for many difficult and limited situations.

P. Great Teaching ToolBody Sounds can be heard by many through Speakers in Real Time or in Later Time.

Q. Patents and CertificatePatent: 2001-12321International Patent Pending: PCT-KR02-02136Design Registration: 2002-0030179Trademark Registration: 2002-0051648Software Registration: 2002-01-15-6055CE Certification: CE 0120 Class II by SGS, UKISO Certification: ISO 9001, ISO 13485 by SGS, UK FDA Certification: FDA 510K Class II No. K031446

Benefits Continued, page 4

Applications

1. Pediatricians, Physicians, Family DoctorsJABES amplifies 20 times bigger than the original body sound.

Gaining mutual confidence by showing the patients what the doctors listen and see.

Effective consultation over the internet.

2. Hospitals (General, University)With a walkman or a MP3 Player, the patient’s body sound can be recorded at a doctor’s

Rounding visits.

The recorded sound can be analyzed and stored on a personal computers.

3. Medical students, Intern & ResidentBetter medical education environments by visualizing and comparing the body sound.

Easier data acquiring for the study and surveying.

4. Home doctors, Medical health centers, Nursing homesIntegrated managing and gathering of the patient’s data while visiting patient’s home.

Analyzing and managing the data in Reference data on your personal computer.

5. Cardiologists, Acupuncturists, Herbal doctorsVisualizing the sounds of blood stream, pulse, etc.

Acquiring and storing of the cardiac data.

6. Emergencies, Ambulances, 911 squads

More accurate diagnosis in a noisy environment.

Tele-medical capabilities. (Send a body data from a remote locations)

Critical time saving at an emergency by analyzing the patient’s data prior to the arrival

of the patient.

7. Public medical centers, Militaries, Country town doctors

Consulting the patient’ s data to a specialist from a remote places. (smaller towns,

mountains, islands)

Minimize the unnecessary travels of the patients.

※※※※ If the internet communication is not available in back countries, islands or

mountains, the patients body sounds can be recorded into a small audio

equipment such as walkman, MP3 Player, etc.

8. Neurologist

Doctors should be able to hear the turbulence noise of carotid arteries which is caused

by atherosclerotic plague without a non-invasive equipment.

AS you know, cardiovascular and cerebrovascular disease are major causes of death in

the world.

※※※※ JABES stethoscope offers the revolution to doctors for patients care without

expensive ultrasound cost and in only minutes.

"When people ask me what I think of the JABES stethoscope, I tell them that I hear more, in less time, with more accuracy than I had imagined. I listen with new confidence and pay closer attention to subtle sounds that I have never heard before. I liked it so much that I bought it after a few days use and would recommend it to any practicing physician." - David B. Staab, M.D.

The JABES stethoscope allows a much more sensitive and accurate assessment of pulmonary, cardiac, and other vascular abnormalities than any other stethoscope I have used in 20 years of practice. - Robert Fehr, M.D.

“I have been impressed with the clarity of the JABES Bio Electronic Stethoscope. The most impressive feature of the JABES is the flexibility that is available to the physician. The different modalities and the volume control allow the physician to tailor the stethoscope to auscultate a wide range of patients. The software programming would also be a valuable tool for training medical students and residents.”- Ceeccy Yang, M.D., OB-Gyn

“I must say I am impressed with the product overall. Construction seems sturdy but still reasonably light for the user. The sound and the overall power of the unit was also very pleasing.”- Distributor in USA

"Because I live in Tokyo. I felt a lot of anxiety about sending a Jabes to JABES AS team at Seoul.but as soon as they received the Jabes, they completed and I received it as almost New One within only 3 days.” - Yuzuru Hara M.D., in JAPAN

Testimonial

"I become old, hearing sense also become weak, difficult to get clear sound with normal acoustic stethoscope. After adopt JABES electronic stethoscope, I am very happy to hear very clear sound loudly.”- Dr. Drespo M.D., in Germany

“Mostly ear-piece of stethoscope is very tight and easily broken ( it seems that the design is fit for western doctors) and feel pain. After adopt JABES electronic stethoscope, ear-piece is very comfortable, and also can hear more clean and loud sound to make better diagnosis. I think JABES should be good for old doctors to help weak hearing power.- Dr. Park’s internal medicine clinic - Jangwi-dong, Seongbuk-gu, Seoul

“With JABES, I can hear heart sound and lung sound more clearly than normal acoustic stethoscope, and also we can hear the sound together with the patients, show the waveforms onto computer screen , it surely makes strong trust between doctor and patient , this is remarkable stethoscope- Dr. Koh-una internal medicine clinic

“ When I am busy with many patients , JABES is very helpful to shorten diagnosis time a lot . I already buy two JABES two times . “- Hwa-gok Yeonse Paediatric clinic

" I was disappointed to use other electronic stethoscope once because of lots of noises , and decided never use electronic stethoscope again. When my friend presented JABES to me, I can hear very clearly, I cannot think myself without JABES , and also very happy with fast after service . "- En Pediatric Clinic

“We adopt JABES for tele-medicine- remote diagnosis among health centers of Kangwon province first time in Korea. JABES is supplied to 300 over health centers to get the patient sound from remote areas, the sound is very clear and clean as like we hear the patient sound just in front of us, it is very helpful for remote diagnosis - telemedicine ."- MTM Telemedicine Team of Kangwon Province

Testimonial

As a precautionary measure, healthcare professionals were required to wear protective gears, and this makes their job even moredifficult. Especially, it is almost impossible for them to hear patient body sounds, because conventional stethoscopes do not functionadequately with protective gears and clothes.

Then the Hospital called G.S. Technology on May 13, 2009 and asked for help. As a body sound specialty company, GS Technologyresponded promptly and created a custom Body Sound Monitoring System which will meet the needs of N1H1 virus patients andhealthcare-givers.

With newly created custom body sound monitoring system using existing JABES Electronic Stethoscope®, doctors and nurses at theUnified Military Hospital was able to hear patients vital body sounds such as lung and heart sounds clearly and safely. Not only that,doctors at the Unified Military Hospital could share what they heard with the doctors at other hospitals and research institutes in realtime for consultation, teaching and research.

There has been several global virus epidemics such as AI, SARS and N1H1 in recent years. The most heartbreaking story during thedifficult times of these epidemics is unnecessary loss of people which is caused by lack of proper equipment. GS Technology is veryproud to be a part of brave act of preventing any unnecessary loss of valuable human lives, whether they are patients or healthcare-givers. This story tells one more time that how JABES Electronic Stethoscope and GS Technology’s commitment for service can be usedfor saving lives.

JABES Stethoscope can efficiently auscultate over protective cloth because of it’s high level of amplification.

PRESS RELEASE

May 14, 2009

The Unified Military Hospital of South Korea received the firstKorean traveler who was supposedly exposed to the newlyfound deadly virus of H1N1, formerly known as ‘SwineInfluenza’.

This traveler was found during the airport screening forincoming passengers in April and was sent to the UnifiedMilitary Hospital which was close to the airport.

Doctors and nurses at the hospital were extremelyuncomfortable to attend this patient on daily basis becausenothing much was known about the virus as well as the patient.

JABES Electronic Stethoscope for Telemedicine Project

”U-Health System” has been formally launched it’s service for the 50 Cost Guards and daily average of 300 visitors of Dok-do island onJuly 23, 2009. “Dok-do Island”, a full 3 hour distance from the nearest “Ulleung-Do Island” recently became international focus out ofit’s territorial dispute between Korea and Japan was not possible to avail of any medical treatment so far, in case of emergency.

Police Department Medical Team can use this ”U-Health System” to treat emergency cases and also a regular medical check up for thecost guards stationed and those visitors in the island. Above picture shows Mrs. Jeon Jae-hee, minister of Dept of Health, inspectstelemedicine process. (JABES Stethoscope is being seen at the center of the photo.)

JABES Stethoscope have been a vital tool to establish telemedicine system for approx. 500 different remote places like abovementioned Dok-do Island, mountainous terrain of Kang-won Province, scattered island district of Shin-An area, and limited andconfined access of Military camps and Penitentiary establishments thru out the country.

JABES Stethoscope became an indispensable device for tele-medical (remote diagnostic) service around the globe now a days for it’shigh quality performance and reasonable cost yet utilization with computer and internet as well as other audio equipment.Besides, the GS-Technology Co. Ltd., the maker of JABES Stethoscope, developed and installed Tele-medical system at GIL Hospital,Seoul, Korea particularly customized for the recovering patient at home after the heart surgery. This system enables immobile patientto provide vital body signs to the attending doctor thru digital camera, computer and internet.

This tele- medical system can make a patient in Korea to be treated by doctor in U.S.A. in example. This system will further attractsMedical Tourism industry greatly by continuous observation and treatment for the returning patient by the very same doctor whooperate or treated in different country.

Contact us.

� 2~3F Jin-Ah B/D, 280-4, YeomChang-Dong, GangSeo-Gu, Seoul, Korea

� Tel : 82-2-2668-0610� Fax : 82-2-2668-0752� info@gs-tec.co.kr� http://www.gs-tec.co.kr� Skype : marinuskm