Facts:

Foundation – May, 2000

Paid-in Capital – US $13.1 millions

CEO – Prince Cheng

Employee: 200

Quality Certification: ISO 9001:2000

Taipei Head Office: 17,500 sqf.

Taipei Production Center : 35,000 sqf.

OTC Code: 3499

GlobalSat Technology Corp. was established in 2000 and soon become a major manufacturer of GPS receivers and electronic communications in the world . GlobalSat has refined its core product lines to GPS applications, which consist of All-In-One Car Navigator, Bluetooth GPS, Cable GPS, SDIO/Compact Flash GPS, GPS Tracking System (GSM/GPRS/SMS communication with GPS/A-GPS), Wrist Type GPS Personal training Devices, GPS Engine Boards/Modules, and GPS System Integration.

The founder of GlobalSat is Mr. Prince Cheng. He is also the president and the CEO of the company. Having over 30 years extensive experience in electronic and communications industry, he had ever served at General instruments, Ampex Electronics, OAK Electronics, Universal Electronics and DYTcom communications for the past 30 years. He worked at various positions as engineers, engineering managers, engineering directors and presidents. Mr. Cheng received the Award of Excellence from U.S. Sprint in 1998 in appreciation of his contribution to U.S. Sprint Corporation in communication products.