Ubiquoss Holdings Inc. authorizes a Buyback Plan.

Ubiquoss Holdings Inc, formerly Ubiquoss Inc, is a Korea-based holding company mainly engaged in the manufacturing and distribution of wired and wireless Internet data transmission equipment. Along with subsidiaries, the Company operates its business through five segments. The Network Business segment manufactures and distributes switches, fiber-to-the-home (FTTH) as well as other wired and wireless Internet data transmission equipment. The Holding Business segment engages in the subsidiary management, leasing and new investment. The Technical Support and Product Sale segment provides global technical services and products. The Industrial Board Manufacturing segment sells computers and peripherals such as industrial boards. The New Technology Business segment is engaged in the new technology finance business.