INTRODUCTION Sonar Safety Systems, Inc. was established in 1995 by Tanhay Group (¡°Tanhay¡±), as North American business units based in Santa Fe Springs, CA. Tanhay is a large diversified developer and manufacturer of vehicle backing safety systems and pneumatics technology, headquartered in Seoul, Korea. Tanhay has established these business units to help realize it¡¯s Corporate Vision: ¡°To be a perpetually growing, truly international company which can satisfy, based on trust and integrity, customers¡¯ needs and expectations regardless of geographic boundaries with excellence in corporate culture and people.¡± Sonar Safety Systems Inc. is committed to the Corporate Mission: ¡°To be the best in satisfying customers in the area of our core competencies and develop new ones based on foresight and creativity to best adapt to the continuously and expeditiously changing environment.¡± It will become the focal point of Tanhay¡¯s international operation, developing core competencies in sales marketing, product development product sourcing, customer service, and financial expertise. Sonar Safety Systems, Inc. supports Tanhay corporate objectives established in the mid-1980¡¯s to diversify on a global basis into high-technology prod Operating Philosophy The management philosophy will build upon the guiding principals that Tanhay was successfully built upon. They center on Creativity, Judgment, and Action. Employees will creatively find ways to meet customer needs and continuously improve our products and processes. Individuals and teams will gather appropriate information that becomes the sound basis for effective judgments. Once decisions are made they will be shared. Committed individuals and team members will then quickly act to effectively implement the decisions.