KMR: Revenue from producing Padding Mattress

Mirae Joint Stock Company (MIRAE JSC) has announced revenue from producing Padding Mattress as follows:

* Recently, MIRAE JSC supplied Van Thanh Mattress Company (*) with a line of mattress producing machine. The customer is the first customer at the south market.

* MIRAE JSC registered the production of mattress producing machine at the end of 2008. In 2008, revenue of the business was USD1,124,772 and in 2009 was USD2,273,492. In the company’s expectation, the supply of mattress producing machine will reach USD3,500,000 in 2010 (Increasing 40% beside 2009).

(*) Temporary translation.

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