FORVIC INT'l INC.

Forvic International Inc. specializes in the manufacture and export of sports shoes. Our product lines include trainers, casual shoes, and casual boots. We supply our products to overseas markets under well-known brands and also under our own Forvic brand.

One the company's greatest strengths is the ability to adapt quickly to new fashions an
d trends. Our designers are continually developing new designs to keep pace with the fast-changing marketplace. We recently developed Asia Mystics, a series of fashionable boots and sneakers combining top quality and competitive prices. Our Forvic and Asia Mystics footwear was exhibited at the 2000 summer ISPO in Germany and in the 2001 Super Show in Las Vegas, U.S.A., where they receivec favorable reaction from the press and buyers.

Established in 1991, Forvic International Inc. is a privately
owned company with a registered capital of US$50,000. The company employs a workforce of 30, including 16 precision engineers, at its headquarters in Seoul and production facilities in neighboring Kyounggi. Investment in the company amounts to some US$1.5 million and annual revenues are around US$15 million.