May 26, 2005 in Social Responsibility News

SAMSUNG Wins Best Buy Bravo! Award For Unprecedented Fifth Consecutive Year

Irvine, CA -- Samsung, the world's leading manufacturer of CRT and TFT computer monitors, has received the prestigious Best Buy Bravo! Award in the computer monitor merchandising category. The award is presented annually by consumer electronics retailer Best Buy. With the 2005 Bravo! Award, Samsung has now won in the computer monitor category for a fifth consecutive year -- an unprecedented feat never achieved by any other company in any category. The annual award recognizes Samsung for its passion and dedication to vision, speed and innovation, honesty and respect, responsiveness to the needs of Best Buy’s customers and business excellence.

The Bravo! Award was presented to Samsung on May 24, 2005 at a gala event honoring the winners. Of the nearly 2,400 vendors that Best Buy conducts business with, only 25 were selected as Bravo! Award winners. On hand to receive the award on behalf of Samsung were YJ Park, President of Samsung’s Information Technology Division (ITD), Sam Akkapeddi, Vice President of Retail Sales for ITD, BK Kang, Director of Display Business Management for ITD and Jack Baer, Director of Retail Sales for ITD.

"Samsung is very proud and honored to receive the acclaimed Bravo! Award from Best Buy. To receive the award is a tremendous accolade and winning for a fifth consecutive year is unparalleled," comments YJ Park. "This further solidifies the strong partnership Samsung maintains with our valued partner, Best Buy. Samsung is committed to providing our retail partners with best-of-breed technology, innovative products and creative channel programs that work to improve their business. It is with utmost joy that we accept this recognition as a sign of our success."

Bravo! Award winners are selected from various criteria including financial, supply chain and qualitative factors such as collective business management, marketing savvy and flexibility. Elements considered in choosing Bravo! Award winners include technology leadership, willingness to partner, honesty and respect, responsiveness to Best Buy’s customers, achievement orientation, speed to market and overall industry market share gain.

Samsung's award-winning computer monitor lineup includes LCD displays that range in size from 15" to 46", including an entire family of multifunction LCDs that feature built-in TV tuners and are HDTV-Ready as well as CRT displays that range in size from 17" to 21".

For more information about Samsung's SyncMaster monitors or for the name of the dealer nearest you, contact Samsung toll-free at 1-800-SAMSUNG or via the Internet at www.samsung.com

About Samsung's Information Technology Division

Samsung Electronics America's Information Technology Division (ITD), located in Irvine, California, is the U.S. subsidiary of Samsung Electronics Company, Ltd. (SEC). Samsung’s ITD markets a complete line of award-winning TFT and CRT display products, color and monochrome laser printers, fax machines and multifunction devices for professional, corporate and SOHO users. ITD also markets large-screen plasma displays designed specifically for the professional and commercial markets.

The Samsung Electronics America organization oversees the North American operations of Samsung's Consumer Electronics Division (CED) and Information Technology Division (ITD), as well as its subsidiaries including Samsung Telecommunications America (STA) and Samsung Semiconductor, Inc. (SSI).

About Samsung Electronics

Samsung Electronics Co. Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies, with 2004 parent company sales of US$55.2 billion and net income of US$10.3 billion. Employing approximately 123,000 people in 93 offices in 48 countries, the company consists of five main business units: Digital Appliance Business, Digital Media Business, LCD Business, Semiconductor Business and Telecommunication Network Business. Recognized as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, memory chips, mobile phones, and TFT-LCDs.


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