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COMPANY PROFILE

COMPANY PROFILE. COMPANY PROFILE. TANKTECH CO.,LTD. HEAD OFFICE : 368-3 YANGDONG-RI, JUCHON-MYON, KIMHEA-CITY, KYOUNGNAM, KOREA TEL : +82-55-337-9999 FAX : +82-55-337-9996 E-MAIL : tanktech@tanktech.co.kr http://www.tanktech.co.kr BEIJING REPRESENTATIVE OFFICE :

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COMPANY PROFILE

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  1. COMPANY PROFILE COMPANY PROFILE TANKTECH CO.,LTD. HEAD OFFICE : 368-3 YANGDONG-RI, JUCHON-MYON, KIMHEA-CITY, KYOUNGNAM, KOREA TEL : +82-55-337-9999 FAX : +82-55-337-9996 E-MAIL : tanktech@tanktech.co.kr http://www.tanktech.co.kr BEIJING REPRESENTATIVE OFFICE : #1-501, NEW BLD. 4, NO.5th SHIJINGSHAN Road, BEIJING 100 039, CHINA TEL : +86-10-6813-2037, FAX : +86-10-6813-2037 E-MAIL : tanktech@263.net REPRESENTATAIVE OF OVERSEAS BUSINESS KOREA STEEL POWER CORP TEL : +82-2-3775-4117 FAX : +82-2-3775-4779 E-MAIL : kspc@kspc21.com

  2. COMPANY PROFILE CONTENTS 1. COMPANY PROFILE 2. COMPANY HISTORY 3. RESEARCH & DEVELOPMENT 4. QUALITY CONTROL ACTIVITES 5. MAIN PRODUCTS DETAIL

  3. COMPANY PROFILE 1. COMPANY PROFILE TANKTECH as a safety equipment’s special manufacturer for the flammable fuel tanks and marine cargo tanks has pursued its only road till today ever since its floatation. It is provided with total system rendering specifications in planning and after service for maintenance after delivery so that it may perform its duties in carrying out such diversified projects as tanker for oil product, tanker for chemical and product carrier, etc. throughout the world. The quality of the project must be the prime sources to attract more customers, and we are trying to the utmost to make our customers satisfy themselves with our safety workmanship in the project. 1-1. MAJOR PRODUCTS MARINE HIGH VELOCITY P/V VALVE PRESSURE & VACUUM RELIEF VALVE EMERGENCY TOWING ARRANGEMENTS FLAME SCREEN PORTABLE MEASURING SYSTEM TANK CLEANING MACHINE INDUSTRY BREATHER VALVE FLAME ARRESTER RUPTURE DISC EMERGENCY VENT COVER 1-2. OUTLINE OF COMPANY ESTABLISH : 1991. 3. 1 CAPITAL : USD 500,000 SALES : USD 6,000,000 EMPLOYEES : 35 FACTORY & HEAD OFFICE : KIMHAE CITY, KOREA PLANT AREA : 5,127msq FACTORY : 1,271msq AGENT AND A/S NETWORK : 12 COUNTRIES IN WORLD BRENCH OFFICE : SEOUL, ULSAN, YEOCHON (KOREA) BEIJING (CHINA) BEKKESTUA,(NORWAY)

  4. COMPANY PROFILE DATE DESCRIPTION Established KOREA STEEL POWER Co. Ltd. In Hanam-City, Kyongke Province MAR . 1 . 1991 Appointed as the Domestic-Product Development Enterprise for Tank Safety Valve JUL . 1 . 1991 Achieved Development of Domestic Remote Operating Vessel (R.O.V) DEC . 20 . 1993 Moved Head Office & Built Factory to Kimhae - City, Kyongnam Province. MAR . 1 . 1994 JUN . 1 . 1994 Selected as Prospective Small and Medium Enterprise Got a Prize for Domestic-Product from SAMSUNG HEAVY INDUSTERIES CO., LTD. OCT . 19 . 1994 (P/V VALVE) Selected as Enterprise for Specified Military Service NOV . 20 . 1994 (by Ministry of National Defense) Appointed for Advance Prospective Enterprise AUG . 10 . 1995 by Ministry of Commerce, Industry and Energy Developed of High Velocity Vent Valve for KLPH - SERIES JAN . 26 . 1996 JAN . 30 . 1996 Established Research institute of Technology Certified for Factory Mutual Research MAR . 26 . 1996 MAY . 25 . 1998 Certified for Quality Management System ISO9001 (ABS) Developed EMERGENCY TOWING ARRANGEMENT (E.T.A) SEP . 30 . 1998 OCT . 1 . 1998 Developed High Velocity Vent valve for POWER SERIES DEC . 20 . 1998 Selected as Enterprise for Venture by Small & Medium Business Administration DEC . 30 . 1998 Obtained CE MARK from Bureau Veritas Got a Prize for Domestic-Product FEB . 15 . 1999 from HYUNDAI HEAVY INDUSTERIES CO., LTD. (E.T.A) MAR . 15 . 1999 Got a Prize of the BEST TRADER from Kyoungnam Province OCT . 26 . 1999 Developed of PORTABLE OIL-WATER INTERFACE DETECTOR Changed company name to TANKTECH CO., LTD. MAR . 13 . 2000 Developed TANK CLEANING MACHINE (TCM-40T) DEC . 31 . 2000 2. COMPANY HISTORY

  5. COMPANY PROFILE SECTION NO. OF PERSON MAJOR DOCTOR 1 MECHANICAL ENGINEERING MASTER 1 NAVAL ARCHITECTURE 3 1 1 1 MECHANICAL ENGINEERING NAVAL ARCHITECTURE CONTROL ENGINEERING DATA PROCESSING BACHELOR TECHNICIAN 2 MECHANICAL DESIGN TOTAL 10 3. RESEARCH & DEVELOPMENT Full swing studies are being done under the slogan " There is no tomorrow of TANKTECH without research and development". Every effort is poured upon new technology development and commercialization of advanced technology under close business cooperation with the relevant research and experimental bodies residing at home and abroad. An incessant progress shall be followed for our company to be upgraded as a technology-intensive-type company worldly recognized in the markets at home and abroad. • 3.1 MAN POWER FOR RESEARCH

  6. COMPANY PROFILE FACILITY CAPACITY REMARK BLOWER 15000㎥/hour TESTER FOR FLOW CAPACITY (PRESS / VACUUM) ICE TESTER 3Mx2Mx1.8M(-21℃) TEST FOR COLD LONG BURNING TESTER EVAPORATION OF GASOLINE TEST IN IMO CIRC.677 TEST STRENGTH TESTER FOR TOWING ROPE 500TON TESTER FOR STRENGTH OF EMERGENCY TOWING ROPE DSCILLOSCOPE 40MHz TEST FOR ELECTRIC CIRCUIT FUNCTION GENERATOR 2MHz TEST FOR ELECTRIC CIRCUIT FLOW TEST SYSTEM TEST FOR VALVE CAPACITY 3. RESEARCH & DEVELOPMENT • 3.2 EQUIPMENT FOR RESEARCH • 3.3 STATE OF DEVOLPMENT ITEM SERVICE PERIOD METHOD OF DEVELOPING PROGRESS 1999.1.3 ∼ 1998.9.30 EMERGENCY TOWING SYSTEM MARINE TANKER 100% DEVELOPMENT BY TANKTECH POTABLE OIL-WATER INTERFACE DETECTOR MARINE TANKER 1998, 11,1 ∼1999.10.26 - INNOVATION SUBJECT FOR TECHNICAL DEVELOPMENT UNDER THE DEVELOPMENT OF SMALL TO MIDIUM SIZED ENTERPRISES CONSIGNMENT DEVELOPMENT TO PUSAN NATIONAL UNIVERSITY. 100% MARINE TANKER - PROJECT UNDER THE GOVERMENT 2000.4.1 ~ 2000.12.31 TANK CLEANING MACHINE - JOINT DEVELOPMENT WITH THE KOREA INSTITUTE OF MACHINERY & METALS 100%

  7. COMPANY PROFILE 4. QUALITY CONTROL ACTIVITES • APPROVED BY • Certified for Quailty Management System ISO9001 (ABS) • EUROPEAN UNION COUNCIL DIRECTIVE 96/98 EC • DET NORSKE VERITAS • LLOYD'S REGISTER OF SHIPPING • AMERICAN BUREAU OF SHIPPING • NIPPON KAIJI KYOKAI • KOREA MARITIME PORT ADMINISTRATION • - UNITED STATES COAST GUARD • - FACTORY MUTUAL APPROVED • - GERMANISCHER LIOYD

  8. COMPANY PROFILE 5. MAIN PRODUCTS DETAIL

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