PANTECH WIRELESS NAMES BRIGHTSTAR AS U.S. DISTRIBUTION & LOGISTICS PARTNER

Seventh largest global handset manufacturer to work with Brightstar to support expansion in U.S. market

CYPRESS, CA – December 1, 2005 — Pantech Wireless, a subsidiary of Pantech&Curitel Communications, Inc., announced today that it has selected Brightstar, a leading supply chain management and mobile solutions company, to provide distribution and support services for Pantech products throughout the U.S.

Pantech&Curitel Communications, Inc. is an affiliate of the Korean-based Pantech group, the second largest handset manufacturer in Korea, and the seventh largest in the world. Under the terms of the agreement, Brightstar will provide Pantech Wireless handsets and accessories to regional network operators, independent agents and retail customers in the U.S..

Dr. Moon S. Song, President & CEO, Pantech&Curitel Communications, Inc., said: “Within our global scope of operations, the U.S. is one of our most important markets. We look forward to working with Brightstar to increase sales throughout the U.S. and to drive awareness of the Pantech brand among U.S. mobile phone users.”

The Pantech group has significantly ramped up its operations in the U.S. in recent years. Sales of Pantech group manufactured products in the U.S market under other brand names reached seven million units in 2004, a 74% increase from the previous year, and the company has ambitious plans to boost its market share during 2006.

Denise Gibson, Chief Operating Officer, Brightstar Corp. and President, Brightstar U.S., said: “As a new brand with vast manufacturing experience, Pantech brings a high level of quality and experience to the U.S. market. They understand both the needs of operators and the end consumer, manufacturing products that are quality-centric with highly desired features and design”.

With this announcement, Pantech Wireless & Brightstar have simultaneously announced a variety of marketing programs, training and in-store support for both independent retailers and regional carriers to drive sales of Pantech products and to boost awareness of the company’s brand among U.S. consumers.

About Pantech
Pantech, through its affiliates – Pantech Co., Ltd., Pantech&Curitel Communications, Inc. and Pantech C&I Inc – is ranked second in the South Korean domestic market and marked as the seventh largest mobile handset manufacturer in the world. Pantech is also recognized as one of the world’s fastest growing providers of mobile communications solutions. Pantech has been responsible for a number of breakthrough innovations in the mobile technology sector, including the introduction in 2004 of the world’s first fingerprint recognition camera phone, as well as award winning camcorder and MP3 phones. In May 2005, Pantech affiliate Pantech&Curitel Communications, Inc. announced the acquisition of SK Teletech Co., Ltd., the fourth largest handset manufacturer in the Korean market. SK Teletech was originally the handset-manufacturing arm of SK Telecom, number one mobile network operator in Korea. Under the terms of the acquisition agreement, Pantech and SK Telecom plan to collaborate in joint research and development initiatives and will work together in the global expansion of their respective businesses into overseas markets, The SKY brand, marketed by SK Teletech, is the most popular premium handset brand in Korea. In August 2005, to facilitate the goal of Pantech becoming one of the world’s top five mobile handset brands, Pantech Co. and SK Teletech were merged under the Pantech organization. Pantech collectively has about 5,000 employees and a total of 20 regional sales offices worldwide. For more information on Pantech, please visit http://www.pantech.com or http://www.curitel.com/english.

About Brightstar
Brightstar Corp. is a leading distributor and provider of value added supply chain services to the wireless telecom industry, and also designs and manufactures products under licensing agreements with leading manufacturers. Headquartered in Miami, FL, Brightstar has operations in Argentina, Australia, Barbados, Bolivia, Brazil, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, El Salvador, Guatemala, Jamaica, Mexico, Paraguay, Peru, Puerto Rico, Trinidad & Tobago, Uruguay, the U.S. and Venezuela. The company serves over 160 network operators and 15,000 resellers, retailers and agents around the world and also represents many of the world’s leading wireless manufacturers. During the year ending 2004, Brightstar’s revenues exceeded $1.7 billion. The company expects to exceed $2.25 billion in revenue in 2005. For further information – or to purchase Pantech Wireless products – please contact Brightstar at (001) 877-727-4448 orwww.brightstarcorp.com .