In 1993, Myeong Il was established and started as a private company represented by Mr. M.G.Choi who had worked 15 years at SKM (Sunkyong Magnetic Limited) as an import/export manager. The company has growing up so fast during even 3 years only and the handling capacity has over for a private company. In 1995, Myeong Il Trading was awarded a prize for One Million Dollar Export Tower from the government. M.I.T. Limited has established in 1996 aiming worldwide marketing activity and has held in out the position as a very positive and aggressive leader of exporters. Especially, M.I.T. has been specialized in Audio Cassette Duplicators, Stainless Steel Wire and Computer Accessories. In 1997, M.I.T. Limited was awarded a prize for One Million Dollar Export Tower from the government. Within a very short period, the sales turnover in 1998 was US$3,500,000 in only exportation, which was realized by the same concept and very strong relations with each factory, the sub-contractor of M.I.T.