AMS was found to provide network integration services in
Korea in 1997. A year later, we changed our name to Global
Telecom Co., Ltd. with a vision to become a global IT solution
provider in the telecommunication and media sectors, and began
to expand our range of products. In our first major projects, we
were appointed by Korea Telecom, Korea’s largest
telecommunications service provider to set up its lab network
equipment and infrastructure for its R&D centres, and Chollian,
Korea’s premier Internet Service Provider, to build a backbone
network.
Subsequently, we continued to expand our business in the
provision of Local Area Network and Metropolitan Area Network
services by entering into a series of distributorship and
reseller agreements with established international technology
partners such as Extreme, Foundry, SysKonnect, and Samsung
Electronics to market their products into our customer base. By
the end of 2001, our customers included major ISPs in Korea such
as Korea Telecom, Chollian and Hanaro Telecom.
We developed our first network management system software, “GT
View” in 2002. This marked our new business segment of AMS
Software and Services (A.SW). Subsequently, we have registered
our copyright and trademark for GT View with the Korean
Intellectual Property Office and made our first entry into the
market by providing our GT View to LG Powercom Inc., a cable TV
operator.
Riding on the success of GT View, we developed CatchFlow, a
network traffic analysing solution tool that enables the user to
analyse on network traffic and increase network management and
efficiency. With GT View, CatchFlow and our technology partners’
products, we commenced larger projects with Korea Telecom and SK
Telecom.
Around the same time, we began to tap large financial and
securities institutions, provincial and governmental sectors and
university market segments. In 2004, as a result of the
successful trials of our products and services, we were awarded
multi-million dollars contracts with provincial and government
agencies and universities.
In 2003, we acquired ”Digital Cable Modem” technology (under
patent number 0411405) and “Data Communication Device”
technology (under patent number 0465307). Combining these two
technology and our own GTView software, we have developed them
into a complete solution offering called AMS Coaxial LAN, which
is designed to provide broadband access services by using
existing cable television networks to schools and universities
such as Yonsei University and the University of Suwon in Korea.
In 2005, as a recognition to our own research and development
capability, our company was approved as an Affiliated R&D
Institute by the Korea Industrial Technology Association.
In addition, as a testimony to our technology innovation, we
obtained our Certificate for Technological Innovation for a
Small and Medium Company and obtained “Inno-Biz” status in the
same year.
In early 2006, recognising the trend towards digital media
services, we launched a new business initiative, our AMS Digital
Media Solutions (A.DM) to address this new market, by releasing
an integrated solution comprising of software and hardware
products from our technology partners such as, Terayon,
Tandberg, and Skystream of the USA. We have delivered and
successfully installed a digital media system for SK Telecom
group, which is fast expanding into other Asia geography
including China, Vietnam, and Thailand.
By 2006, leveraging on our Korean customers’ geographical
expansion trends and tapping on opportunities in growing markets
across Asia, we have expanded our operations overseas by
acquiring ICTs (Hong Kong) Limited, ePro Computer Systems
(Guangzhou) Co., Ltd and Lotus Networks Technologies Joint Stock
Company. These companies have changed their names into AMS HK,
AMS China and AMS Vietnam respectively.
AMS HK was incorporated in 2003 as an investment holding company
for China operations. AMS China is a provider of hardware and
software solution to build data centres for various departments
of the Guangzhou government in China since 2000. As data centres
are migrating to digital media centres in the near future, we
foresee that AMS China would contribute substantially in our
expansion plans in China.
We value AMS China management team who has an average of over 15
years in the industry. AMS China was awarded various awards and
accreditation including “China’s Top 100 Enterprise with Most
Competitive Potential and Advanced Technology” in 2004.
AMS Vietnam was established in 2005, which currently provides
network equipment, software and network integration services to
telecommunication service providers, multinational corporations
and local government agencies in Vietnam.
We value AMS Vietnam management’s experiences and track records
in the network integration services where we see potential
contribution to the Group’s present infrastructure network
systems and digital media systems business expansion in the near
future.
At the completion of our acquisitions, majority of revenue of
AMS China and AMS Vietnam have been derived from A.IN and A.SW
business segments. In 2007, these subsidiaries have begun
exploring A.DM business.
We believe these strategic acquisitions will fasten our
expansion plans as described above.