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Title
  S Net Systems reshuffles the organization
2007-12-27
Date
  December 27, 2007  
Media
  Press Rlease
 


- Reorganizes and reshuffles to reinforce technical competency and maximize and sales power
- Expects the reorganization to enable continuous growth through centralization and reinvigorating of new business



[December 27, 2007, Seoul]S Net Systems (www.snetsystems.co.kr CEO Park Hyo-Dae), a domestic comprehensive IT firm, announced on 27 that it reshuffled the organization with the purpose of quickly coping with the rapidly changing business environment, complementing service business and reinvigorating new business.

As a result, the two existing sales divisions were merged into 1 division, and a new business department was created to reinforce business, and promoted to the UC/Security Division, while the Service Division was newly established to put together all the technical departments scattered in different divisions into one, thereby reinforcing technical competency.

In particular, to merge VoIP, IP telephony and RFID/USN Divisions and focus on and foster the security business, S Net Systems will actively reinvigorate the new business as well as secure the company¡¯s profit and by placing the UC/security directly under the CEO.

In addition, the service division will totally manage the technical employees, e.g. educating and recharging technical manpower, and reinforce technical power and service business through leading the brand-new technology and synergies with the technology-based new business.

Meanwhile, SNet Systems will finish the workforce reshuffle following the reorganization, and plan to engage in business activities starting January 1, 2008.

Mr. Yoon Sang-Hwa, VP in charge of Sales Division 1, will be president in charge of the entire business, and Mr. Kim Yeong-Gyu, Managing Director in charge of Sales Division 2, will be head of the Sales Division. Mr. Jang Byeong-Gang has been named head of the New Service Division.

In relation to this, Mr. Park Hyo-Dae, Vice Chairman and CEO of SNet Systems, said ¡°To lay the foundation for continued growth and stable revenues in the IT market where competition is getting fiercer day after day, I thought it would be essential to quickly respond to the needs of the market and provide diverse values, and thus reshuffled the organization.¡± [S Net Systems]

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About S Net Systems Inc.
S Net Systems Inc., founded in 1999, is a leading IT company in Korea and a true leader in the ubiquitous era with broad business area including NI , storage, STB, security, and RFID/USN. In 2007, S Net Systems Inc. is driving and bringing up new solution business including STB, as a company¡¯s growth power, in order to create business opportunities in the environmental changes of NI-related technologies such as ubiquitous(RFID/USN), security, converging wire and wireless network, IPv6, Storage. Especially S Net Systems Inc. is actively making inroads into foreign market with STB products. ¡®S¡¯of the company name means ¡®Survival, Success, Satisfaction¡¯.

The more Information about S Net Systems Inc. can be found at http://www.snetsystems.com. For ongoing news, please visit http://www.snetsystems.com/pr_center/snetnews.asp.

Press Contact Information
Jung-hee Kim I PR Manager of SNet I 82-2-3469-2910 I kjh@snetsystems.co.kr

 
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