Iteco Ltd/OptiRoad Inc. Is a young and vigorously emerging company established in July 2000 as one of leading industries in specific Polyethylene products in Korea, in order to undertake offshore business of COD mainly LICENSING of manufacturing technologies and export of product. We take the pleasure of announcing that we have achieved the most advanced and renovated innovative technologies in manufacturing of Fiber Optic Cable protective duct. Our patent applications (2 patents) covering 94 countries in the world have been granted in 54 countries including USA while the rest of the countries are in pending. We wish to share with you the benefits of our technologies that would contribute to the quick installation of telecommunication infrastructure as well as saving installation cost benefiting the early access to the information highway, the Internet Network.
We are proud of announcing that we have successfully signed Technical License Agreements for the territories of Japan, Taiwan, China, and South Africa including 10 neighboring countries in the Southern Region and the GCC Countries including the Kingdom of Saudi Arabia, U. A. E. Kuwait, Oman, Qatar and Bahrain in short span of time from end of December 2000 to June 2001. Business Talks on licensing with numbers of prominent companies worldwide including numbers of countries over the world are under progress.