Press Release

06/30/2004

LG MOBILE PHONES AND VERIZON WIRELESS INTRODUCE THE NEXT ADVANCEMENT IN WIRELESS PHONES THE VX7000 CAMERA PHONE

Mobile Web 2.0SM-Enabled LG VX7000 Features Improved Graphics and Easier Navigation

Mobile Web 2.0SM-Enabled LG VX7000 Features Improved Graphics and Easier Navigation

BEDMINSTER, NJ and SAN DIEGO  Verizon Wireless, operator of the nation's most reliable network, and LG Mobile Phones today announced the launch of the VX7000 camera phone. Available exclusively to Verizon Wireless customers, the VX7000 with its advanced features, such as a rotating lens, embedded flash and video messaging, helps capture all of life's moments as they happen.
The VX7000's embedded VGA camera features bright LED flash, so mobile shutterbugs never miss a photo opportunity. With capability to capture video and still photography, the VX7000 gives users more freedom to record memories than ever before, and the rotating lens, flip image option and zoom control give photographers the chance to compose the perfect picture. Additional features like night mode, brightness adjustment, white balance adjustment, color effect adjustment and digital zoom capability, give customers the greatest flexibility with theirphotographs.
"With the VX7000, LG is providing Verizon Wireless customers with the chance to express even more of their personality and creativity through their phone," said Jeff Hwang, vice president of marketing for LG Mobile Phones. "The VX7000 handset allows users to capture special moments to share with friends and family  it is truly the essence of technology chronicling the sweet parts of life."
Verizon Wireless customers can also get the new Mobile Web 2.0 on their VX7000s for $4.99 monthly access, plus airtime. Mobile Web 2.0 allows customers to more easily access the latest news, tools and information from more than 30 content providers, read and send email and exchange instant messages (IM). Available from select phones including the LG VX7000, Verizon Wireless' Mobile Web 2.0 is packed with new features and enhancements, including new graphics, easier navigation, clickable headlines and premium content.
The VX7000 is also Get It Now-enabled, offering customers even more options in an already full-featured device. With several shopping aisles, Get It Now provides access to downloadable applications including games, ringtones, productivity tools and more.
Bill Stone, vice president of marketing at Verizon Wireless, said, "When our customers see how easy it is to use many of our great services on the LG VX7000, they'll be hooked. Whether it's a tremendous camera phone and picture messaging, Mobile Web 2.0 or video messaging, the user experience is second to none. Best of all, these services come from the company respected for operating the nation's most reliable network."

Video messaging will be available throughout the country beginning July 1, 2004.

Signup for either Mobile Web 2.0 or any of the Get It Now applications is a snap  Verizon Wireless customers can register for the Mobile Web 2.0 right from their wireless handsets by visiting the Get News & Info section on the Get It Now menu. Customers can also browse the Get It Now menu by category to select and download one or more applications that suit their style.
Download charges for Get It Now applications vary and airtime charges apply when browsing, downloading and using certain applications. Customers need a Get It Now-enabled handset and Verizon Wireless digital service to access the Get It Now virtual store.

Additional features of the Verizon Wireless VX7000 by LG include:

- Dual Mode: 1.9 GHz PCS, 800 MHz CDMA
- Dimensions: 3.69" (H) x 1.89" (W) x 0.98" (D)
- Weight: 3.88 oz
- LCD displays:
- Internal: 176 x 220 pixel TFT; 262k colors, 11 lines of text
- External: 96 x 96 pixel STN; 4096 colors, 4 lines of text
- Standard Battery: Lithium Ion, 1,100 mAh
- VGA Digital Camera w/Flash-
- Capture 15-second video clips or still pictures
- Night Mode, Brightness Adj., White Balance Adj., File Quality, Shutter Sound Adj & Color Effect Adj
- CMOS 300K Pixel Camera
- Digital Zoom Capability
- Resolution Adjustment (Low 2, Medium, High)
160 X 120 Low
176 X 144 Low
320 X 240 Medium
640 X 480 High
- Self Timer (3, 5 or 10 seconds)
- Innovative Rotating Lens
- Mobile Web 2.0 Capable
- Store up to 4.0 MB of downloadable content (applications, games, ringtones, and more)
- Multimedia Messaging Service (MMS): send and receive messages comprised of a combination of text, sounds and photos
- Enhanced Messaging Service (EMS): send and receive text messages with graphics and sound
- Two-Way Short Messaging Service (SMS)
- CMX MIDI for Polyphonic Ringer and Sound Capability
- Call History: (Outgoing- 30, Incoming-30, Missed-30)
- Blue Backlit Keypad & 5 Way Navigation Key
- 20 Unique Ringtones (Plus Vibrate & Private Alert)
- Speed Dialing (99 Entries)
- Voice Activated Dialing (30 Entries)
- Personal Organizer: Calendar with Scheduler, Voice Memo (up to 4 minutes), Notepad
- Tools: Alarm Clock, EZ Tip Calc, Calculator, and World Clock
- Address Book: 500 Contacts (each stores 5 numbers and 2 email addresses and picture ID)
- English and Spanish User Interface
- TTY/TDD Capable
- E911 Emergency Location Capable
- Customizable Wallpapers, Theme and Font Colors
- T9 Text Input

*Certain features may use more power and cause actual standby and talk times to vary

The LG VX7000 is available for $179.99 after a $70 mail-in rebate with a two-year customer agreement at more than 1,200 Verizon Wireless Communications Stores nationwide, participating Circuit City and RadioShack locations, or on the Web at www.verizonwireless.com.
For more information on Verizon Wireless' products and services, visit www.verizonwireless.com. For more information on LG Mobile phones, visit www.lgusa.com.

(EDITORS: Print-quality high resolution stills of the LG VX7000 phone and Verizon Wireless' Mobile Web 2.0 service are available online. Log on to www.thenewsmarket.com/verizonwireless to preview and request images.)


About LG Electronics, Inc.
LG Electronics, Inc. (066570KS) was established in'58 as the pioneer in the Korean consumer electronics market. The company is a major global force in electronics and information and communications products with more than 64,000 employees working in 76 overseas subsidiaries and marketing units around the world. With annual total revenues of more than US $16.9 billion (non-consolidated), LG Electronics comprises three main business companies: Digital Display & Media, Digital Appliance, Telecommunication Equipment & Handset.

The LG Telecommunication Equipment & Handset Company provides total solutions ranging from wired and wireless handsets to telecommunication equipment. The company is a leader in the innovation and development of cutting -edge technologies in next-generation wireless telecommunications and is steadily expanding its global market share in 3G (WCDMA / cdma2000) wireless systems.
LG Electronics' goal is to enable the intelligent networking of digital products that will make consumers' lives better than ever. For more information, please visit www.lgusa.com.

About Verizon Wireless
Verizon Wireless is the nation's leading provider of wireless communications. The company has the largest nationwide wireless voice and data network and 40 million customers. Headquartered in Bedminster, NJ, Verizon Wireless is a joint venture of Verizon Communications (NYSE:VZ) and Vodafone (NYSE and LSE: VOD). Find more information on the Web at www.verizonwireless.com. To receive broadcast-quality video footage of Verizon Wireless operations, log onto www.thenewsmarket.com/verizonwireless.

About Mobile Web 2.0
Mobile Web 2.0 gives Verizon Wireless customers access to news, tools and information from the nation's top content providers. The simple, intuitive format makes it easy to access content from many categories, including News, Sports, Weather, Entertainment, Business, Email and More. Mobile Web 2.0 is self provisioning, eliminating the need for customers to call customer service or visit a Verizon Wireless Communications Store to sign up for the service.

About HopeLineSM
Verizon Wireless encourages customers who are upgrading their wireless phone to the new VX7000 by LG to participate in its exclusive HopeLine phone recycling program. The national HopeLine program distributes previously owned wireless phones to victims of domestic violence, supports non-profit domestic violence advocacy groups and provides an environmentally safe method of recycling phones. Donations are accepted at all 1,200-plus Verizon Wireless Communications Stores across the country. For additional information, customers can also visit www.verizonwireless.com/hopeline.

Get It Now is a registered trademark of Verizon Wireless.

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