DNC MULTIMEDIA CORP.

DnC Multimedia, Inc. (“DnC”) is a designer, manufacturer and marketer of a broad range of digital media technology products, including portable media players (e.g. mp3 audio, video, etc.), high-end encoding technology, and creative software. DnC was formed by a merger of DnC Tech, Inc. of South Korea and Pluginz, Inc. of Palo Alto, California to take advantage of certain technology, market and geographic synergies between the companies. The Company is now headquartered in Palo Alto, California and maintains engineering and R&D facilities in Seoul, South Korea. DNC’s Korean operation has some of the most sophisticated multimedia technology and portable media devices in the world, some of which are private-labeled by such companies as Microsoft, Samsung, LG, and Napster. Additionally, the Company’s Pluginz ecommerce operation brings a very sophisticated marketplace for multimedia technology to the combined company, with its network of websites (the “Pluginz Network”, www.pluginz.net) hosting the largest catalog of media-creation software in the world and a partnership with Adobe. DnC is a developer and owner of significant digital media IP. The Company has the industry’s best MP3, audio and video codecs, and Digital Rights Management (DRM) technology, and other key technologies that will be leveraged by and sold through the Pluginz Network. DnC also has strong and long-lasting relationships with the leading consumer electronics chain stores in the key US and EU markets that we will leverage as a “brick-and-mortar” counterpart to online sales of the Pluginz Network product line. Ultimately, the merger of Pluginz and Dnc Tech enables a migration from OEM and private-labeling of media device products to creating higher margin DnC-branded specialty products, thereby elevating the DnC brand. Additionally, the Pluginz Network community and reseller channel are transformed into a captured market for direct selling of the DnC product line. Products and Services Portable Media Devices Our portable media players are among the highest rated in the consumer market, and are sold in the U.S. and Europe through leading retail chain stores such as Best Buy and Dixons. We design and manufacture many of our media players for such companies as Sandisk, Napster, and as private label products for leading global retail chain stores. DnC has developed multimedia consumer electronics products for such companies as Sony, Samsung, Aiwa, LG, SK Telecom, SanDisk, and others. DnC has licensed digital technology to Microsoft, OKI Electronics, Samsung and others and is one of few companies in the world to develop portable devices enabled to access the new Sideshow feature in PCs that run Microsoft’s Windows Vista operating system (in cooperation with Microsoft and nVidia). Sideshow enables files on a Windows Vista-enabled PC to be accessed by a portable device via Bluetooth even when the PC is turned off and has no access to AC/DC power. E-commerce The Pluginz Network provides online electronic software distribution of high-end after market components (mostly software) for the film, broadcast and graphic design industries, and serves a community of digital artists that consists of over 12,000 registered members. Furthermore, the Pluginz customer list includes most of the top production and post-production companies in the film and television industries, a number of Fortune 500 companies, professional sports teams, the U.S. military, and a number of U.S. and foreign government agencies. The Company will leverage this deep access into the digital multimedia markets, particularly with respect to engaging opinion leaders and determining the most relevant and cutting edge applications of the Company’s technologies. The Pluginz Network will serve as the Company’s initial point of market exposure for all of DnC’s products, and the Company’s DRM technology will be used in the Pluginz “media marketplace” for significant cost savings and competitive advantage. Scalable Infrastructure – Given the breadth of plugins for creative software that are currently available and the diversity of workflow and creative challenges to be met by digital artists, a robust and scalable architecture with intuitive user interfaces in both the front and backbends is critical to the success of a plugin industry aggregator. Pluginz has taken on the challenge of aggregating the plugins industry and technology is at the core of the Company’s business model. Pluginz’s Adobe relationship is based largely on the Company’s ability to gather and manage relevant sales data, as well as manage the secure storage and delivery of product licenses across multiple systems.