Candy Bar-Sized Wireless Phone Offers Sweet Style; LG VX2000 From Verizon Wireless Puts the ``Fun'' Back into Functionality.

Business Editors & High-Tech Writers

BEDMINSTER, N.J. & SAN DIEGO--(BUSINESS WIRE)--Feb. 11, 2003

Tech lovers and fashion victims will love the new tri-mode VX2000 by LG Mobile Phones from Verizon Wireless. A sleek and attractive handset, the VX2000 also delivers the benefits of the Verizon Wireless Express Network(SM), a high-speed wireless data network service that offers speeds between 40 and 60 kilobits per second (kbps) with bursts of up to 144 kbps -- similar to or better than most home dial-up PC connections.

The compact phone offers a sleek package and uncompromising functionality that weighs only 3.98 ounces -- about as much as a Butterfinger candy bar. The VX2000 is also designed with the gadget lover in mind, featuring a variety of changeable faceplates offered in a five pack of color that includes red, orange, blue, green and purple. Trendy users can change the look of the phone to match their mood or wardrobe. The VX2000 includes a two-way speakerphone and features voice-activated dialing. The handset also offers Global Position Satellite (GPS) tracking technology where available.

The Express Network-capable VX2000 must be connected to a laptop with a mobile connectivity kit for access to high-speed wireless data service. The VX2000 by LG also offers advanced features such as modifiable sounds and settings using PC Sync along with CMX MIDI sound for ringers and games.

Other features of the VX2000:

-- Talk time: 3.2 hours (Digital), 1.8 hours (AMPS)

-- Standby time: 5 days (Digital), 18 hours (AMPS)

-- Voice Recording

-- One Touch Voicemail Access

-- TTY/TDD Capable

-- Dual languages: English and Spanish

The VX2000 retails for $69.99 with a 2-year service agreement. For more information or to purchase the VX2000, visit www.verizonwireless.com or one of Verizon Wireless' 1,300 Communications Stores and RadioShack locations nationwide.

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 32.5 million customers. Headquartered in Bedminster, N.J., Verizon Wireless is a joint venture of Verizon Communications (NYSE:VZ) and Vodafone (NYSE:VOD) (LSE:VOD). Find more information on the Web at www.verizonwireless.com.

About LG Mobile Phones

Headquartered in San Diego, California, LG Mobile Phones is part of the North American wireless division of LGE USA, a business unit of LG Electronics of Seoul, Korea. With annual sales of $14.8 billion, LGE employs more than 55,000 individuals worldwide and operates research and development, manufacturing, and sales and marketing facilities around the world. LGE was the first manufacturer to commercialize the CDMA digital mobile communication system with its support of the launch of the SK Telecom Network in Korea. LG's expertise in designing sleek, user-friendly phones has proven extremely successfully in the U.S. market, where the company's market-share of all CDMA handsets has grown exponentially in just three years. Gartner recently reported that LG has claimed nearly 19.4 percent of the U.S. CDMA market-share for Q3 2002. LG is further increasing this penetration with an aggressive brand campaign and a competitive line of next generation high-speed voice and data mobile phones. More information can be found at http://www.LGMobilePhones.com.