Fortis can grow with the G-STAR Enterprise Promotion Project
In KINTEX, Goyang, for 4 days from December 5

◇ Fortis, a digital smart set-top box manufacturer that has been selected as the final choice for the G-STAR enterprise, is receiving attention from many companies as it was announced to be listed on the KOSDAQ. ⓒ Gyeonggi G-News

Many companies are focusing their attention on a small company developed by Gyeonggi’s G-STAR Enterprise Promotion Project, as it was announced to be listed on the KOSDAQ.

The G-STAR Enterprise Promotion Project is an enterprise support program that creates quality jobs by discovering SMEs with outstanding technological skills as well as growth potential and will, and developing them into Gyeonggi global hidden champions (G-STAR enterprises).

Founded in September 2006, Fortis is a digital smart set-top box manufacturer that has been selected as the final choice for the G-STAR enterprise in May 2012. Even though it is a latecomer, it succeeded in commercializing the world’s first personal video record (PVR) applying USB recording function based on high technological skills.

Having received systematic support from Gyeonggi Province and Gyeonggi Small Business Center (GSBC), Fortis was newly listed on the KOSDAQ stock market this January. Starting with the sales of KRW 10 billion in 2007, it achieved all of KRW 49.5 billion in sales in the overseas markets in 2011. It has also won several awards such as the prime minister citation of Korea Venture-Startup Festival, while also being selected as an Excellent Company for Job Creation in Gyeonggi province.

Fortis is focusing on commercializing high value-added set-top boxes such as smart set-top boxes and hybrid set-top boxes with the KOSDAQ listing as the foundation. Thanks to the global attention, it has established a local corporation in Germany this April, taking one step forward as a global company.

There has been support from the G-STAR Enterprise Promotion Project for commercialization in the hidden side of Fortis’s growth. “We could grow into a global hidden champion thanks to the continuous support that has substantially helped us such as the G-STAR Enterprise Promotion Project,” said CEO Sul Jin-young.

“We will obtain the know-how by spreading the success case of Fortis to the participating companies of the G-STAR Enterprise Promotion Project,” said Gang Hee-jin, section chief of Gyeonggi Enterprise Support Division 1.

You can receive more detailed information from Gyeonggi Enterprise Support Division 1 at 031-8008-4632 and GSBC at031-259-6072.

ⓒGyeonggi G-News | Chun Kyeong-nam ckn0403@kg21.net

http://gnews.gg.go.kr/news/news_detail.asp?number=201309101041287055C052&s_code=C052