Sep.  Established Hundai Special Metal Co. (Sipjung-dong, Bupyung-ku, Incheon)           Jan.  Registered as a military goods supplier to the Ministry of Defense   Nov.  Selected as a good medium and small business company(Koram Bank #83-3)           Jan.  Introduced Semi-Metallic Friction Material manufacturing technology(Japan)   Oct.  Jointed Korean Farm Machinery and Tool Industry Cooperative           Jan.  Jointed Korean Association of Machinery Industry(KAOMI)           Feb.  Introduced Paper Friction Material manufacturing technology(Japan)           Oct.  Changed the company name to JINMYUNG SPECIAL METAL Co.           Feb.  Opened Changwon office           Apr.  Designated as localized material development enterprise(Ministry of Commerce)           Apr.  Changed to legal person company as 'JINMYUNG FRICTECH Co., LTD'           Nov.  ISO9002 Certified           Nov.  Established new factory ( Namdong Industrial Complex, Incheon)