Exax.

Since the incorporation in 1976 under the name of "Ildong Chemical" we have grown for the last 30 years as a manufacturer of super precision process chemicals for displays We changed our company name to "EXAX" in 2007 and declared the year as our "2nd incorporation year"
Since then we are doing our best to localize heavily import-dependent proces
s chemicals for displays.

Having core manufacturing plants in Gumi and Cheonan, we have secured a land in Paju in Nov
ember 2005 to build a new manufacturing plant. We are also continuously carrying our R&D and investing activities to be a reliable partner to our customers involved with PDP, LCD, OLED to semiconductors, which are considered the new growth engine to our nation.

We believe that our growth is the result of continuous pursuit for change and innovation to meet needs of our
customers and the refusal to stay status quo.

Everyone at EXAX now wants to be reborn Until our nation becomes the l
eader in the high-end technology and the industry for parts and materials We will continue to focus our resources to support the growing industries of the 21st century.

We thank our customers and shareholders for their trust and support and we
ask for the same trust and support as we attempt to start new under the new name "EXAX" and take a big leap forward.