(Seoul, April 14, 2010)
Korea Computer & Systems Inc. (KOSDAQ, 115500) is now publicly traded on KOSDAQ in Korea that is equivalent to NASDAQ in the U.S. The number of stocks for public offering stands at 3.6 million shares and the price is 1,600 Korean Won per share (face value of 500 Korean Won per share).
Since its spinning off from Korea Computer Holding Inc. in 2002, KCS has been successfully running a system integration business with key value added solutions for mission critical financial systems of credit card companies and banks and has diversified its business into the transportation industry. New products include smart station for light rail and trams, Bus Information Terminal, Door Control Unit, vehicle control unit and related kiosks.