Shaping For The Future

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Creating a New Paradigm
13-01-2006 Vectus Sweden
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POSCO Overview
Mission
Providing products and services, which form the
fundamentals of a society and, in doing so,
making valuable contribution to human welfare
? At a Glance
(2004)
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POSCO Overview
12 Oversea Offices
25 Oversea Subsidiaries
POSCO Tokyo Branch
(Osaka Representative) (Nagoya Representative)
Dalian POSCO-CFM Coated Steel
POSCO china Holding Co.
POSCO Europe Office
POSAM
Zhangjiagang POSCO Stainless steel Co.
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POSCAN
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POSCO Suzhou Processing Center
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POSCO Washington Office
UPI
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Qingdao Pohang Stainless Steel Co.
POSCO Hanoi Office
POSCO Mexico Office
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Dubai Representative
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Myanmar-POSCO
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POA,POSINVEST Shunde Pohang Steel/Steel
Center Guangzhou Jindo Co.
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POSHYUNDAI
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POSMMIT
POSCO New Delhi Office
POS-MI
KOBRASCO
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POSCO Singapore Office
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POSCHROME
POSA
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SUS POSTHAI
POSORE
POSCO Rio Office
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Bangkok Representative
POSVINA,VPS,VINAPIPE
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Why New Biz?
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Why PRT?

• Sophisticated Know-how of Computerization
  Construction for over 30 Years
• Competitiveness in Construction Costs as a Steel
  Supplier
• Create New steel Consumptions
• Engaging in developing LRT Subway in Korea
• - 2 Commercial LRT Projects in Kimhea and
  Yeejoongbu
• - No 9 Subway Train in Seoul

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Vectus Ltd (Company Overview)
Mission Statement

• Vectus is the first spin off company from POSCO
  to globally provide the industry's most
  advanced transit and logistic system
• Vectus in a strategic partnership with POSCOs
  affiliates and overseas experts in various
  RD areas
• Vectus aims to create a new paradigm for the
  future public transportation system

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Vectus Ltd (Company Overview)
Brief History of Vectus

• April 2002 PRT was chosen as one of strategic
  business items by POSCO
• 20022003 PRT fundamentals were studied and a
  project team was
  initiated with European partners
• 20032005 RD activities were carried out to
  develop PRT core
  technologies on control algorithms, vehicle and
  guide-way
• 2005 - Feb Vectus Ltd was founded and
  registered in the United Kingdom - May Korea
  office was registered - Dec Sweden office was
  registered PHA and SRS were
  finished

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Vectus Ltd (Our partners)

• POSCO Affiliates

• European Partners

• Sales Marketing
• Network

• Safety Assessment

• Control System

• Control System

• Construction Project Development

• System Integration
• MIS

• Vehicle Manufacturing

• T/T Site owner Project Development

• Machinery Production
• Maintenance

• Project Management

• Track Vehicle (Bogie)

• Engineering
• Construction

• Cabin

• RD Support

• Linear Induction Motor

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Ongoing Major Development Activities

• Initiated to test potential running wheel
  tyre materials
• Operated 60,000km/2,000hrs
• Life Target
• - Running wheels 120,000 Km
• - Guide wheels 200,000 Km
• - Switching wheels 50,000 (No of
  Operation)
• - Alternator drive wheel 60,000

• Developed to verify possibility of PRT
  control concept with In-track LIMs
• Tested and verified Headway position
  control with SSR via Ethernet communication
  

• Intended to test DSRC (Dedicated Short Range
  Communication) with LIM control,
  including test of sensors, inverters and
  Ethernet communication

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Our Test Track

• Groundbreaking in a few days
• Preliminary Application to SRA for Safety
  Approval End of Jan 2006
• Commissioning Oct. 2006

• 3 Vehicles
• 400m long
• 35m Radius
• 45km/h (12.5m/s)

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Mission to Achieve Together
Test Track
Pilot Track
Global Introduction (Global Standard)
A New Paradigm