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Global Leader In Disc Drives Offers New Super-Multi Write Drive And New CD-RW Drive LG Electronics Leads With Speed -- First To Ship A 32x CR-RW Drive

SUPER MULTI WRITE DRIVE

The new Super-Multi Write Drive, shipping to resellers in February 2002, can write to DVD-RAM/R/RW and CD-R/RW discs. It can record up to 4.7 GB of data per side on DVD-RAM/R/RW discs--four times the capacity of CD-R and CD media. The drive can also read data on DVD-ROM discs and all pre-recorded CDs for legacy data protection. The GMA-4020B sells for $799.95.

As a recorder, the drive writes CD-R at 12x, CD-RW at 8x, DVD-RAM/R at 2x, and DVD-RW at 1x. The access time for DVD-ROM/R is 100 ms, for DVD-RAM 140 ms and for CD-ROM/R just 100 ms. The Super-Multi Drive includes SuperLink buffer underrun error protection to eliminate errors that result in unusable discs. Like most advanced drives from LG Electronics, the Super Multi Write Drive can be mounted either horizontally or vertically.

32X CD-RW DRIVE

LG Electronics is also introducing its 32x CD-RW drive considered the world's first and fastest, featuring 32x CD-R and 10x CD-RW recording. The 32x offers not only the new embedded buffer underrun prevention system and a buffer size of 8 MB, but also supports the new upcoming Mt. Rainier standard, allowing drag and drop, direct writing, without separate authoring software. Priced at $199.95, LG Electronics expects to be the first company to ship a 32x CD-RW drive, with shipment to resellers beginning in December 2001. LGE's new 24x10x40x CD-RW drive, model GCE-8240B, also supports buffer underrun protection and an 8MB buffer memory, will sell for $169.95, and is starting to ship this month.

"At LG Electronics we develop and create innovative technologies with the consumer in mind," said Bennett Norell, Director of Marketing, Information Systems Products. "We will continue to create innovative storage technology that is relevant, useful, and affordable for consumers. As a leading drive manufacturer and developer of optical storage devices, we are leveraging LG's technology to introduce new products for this growing market. With the new LG 32x CD-RW drive, LG is now at the front of the pack in terms of speed and performance."

The front panels feature stereo headphone jacks, volume control and eject button. Analog and digital outputs are standard on the rear panel. The supplied mastering software enables drag-and-drop functions to record and organize all kinds of data files. In CD-RW mode, a CD-RW can be rewritten up to 1,000 times without any loss of quality.

About LG Electronics:

LG Electronics Inc. with its headquarters in Seoul/South Korea was founded in 1958 as "GoldStar." Since 1995, the name has been changed into LG Electronics. A network of 72 subsidiaries spans over 37 countries worldwide. LG Electronics is one of the leading manufacturers of computer peripheral products and the market leader in monitor technology and optical disc drives. The company has planned to gain leadership also in digital TV, FLATRON-monitors, LCD-monitors, PDP-TV and other digital equipment by huge investments into Research and Development. LG Electronics employs over 64,000 people worldwide. Products are sold in more than 150 countries. Merging with LG Information & Communications in September 2000, LG Electronics now has six companies under an accountability-based business management system: Display Device, Digital Appliance, Digital Display & Media, Mobile Handset, Digital System and Digital Network Company.

Contact:

 Sang-Wan Nam
 LG Electronics Inc.
 82-2-3777-7340
 namsw@lge.com

 Christine Chase
 Cohn & Wolfe
 212-798-9824
 christine_chase@nyc.cohnwolfe.com