· Made an agreement with Sukhoi of Russia for export (shipside fittings for aircrafts)
  · Made an agreement with DAe Systems of Germany for export
 (parts related to aircraft oxygen systems)
  · Relocated the head office to Jangyu-myeon (current site)
  · Made an agreement with B/E Aerospace of the U.S. for export
 (parts for the air of aircrafts)
· Completed the development of components for turbo blowers and high-speed
 spindles and started mass production
· Successfully developed process technology for the Radial grooves of turbine
 nozzles (for the first time in Korea)
· Started supplying brush seals to Eagle Industry of Japan
  · Obtained International Aerospace Quality Standard (AS9100/ISO9000)
  · Completed proprietary development of nine kinds of turbine air seals and shrouds
 for LM2500 engines installed into KDX-III
· Registered as a subcontractor of Samsung Techwin
  · Relocated the head office (from Room No. 106, Fifth Building, Changwon National
 University, 9, Sarim-dong, Changwon-si, Gyeongsangnam-do, Korea)
· Started exporting fixtures and tools for turbine engines to Pratt & Whitney of the U.S.
· Hana was founded.