PRESS RELEASE It is with deep regret that U.S. Kukkiwon announces that we have filed suit against Kukkiwon for a breach of contract. U.S. Kukkiwon President Sang Chul Lee exhausted many attempts to reach an amicable agreement with current Kukkiwon President Won Sik Kang, but to no avail. No progress at an agreement was made. Before Kukkiwon became a Special Organization under an act by the government of Korea that came under the Taekwondo Promotion Act, the former President and Board of Directors of Kukkiwon announced the formation of a Kukkiwon Overseas Branch Program and invited any interested parties from around the world to apply and to appear in Korea to make the case for their selection. U.S. Kukkiwon President Sang Chul Lee was successful in getting recognized as the Kukkiwon Overseas Branch in the USA. Further, there is a signed and binding contract between Kukkiwon and U.S. Kukkiwon President Sang Chul Lee. When Kukkiwons status in Korea changed from a Private Organization to a Special Organization it inherited all of the assets and liabilities of the former Kukkiwon administration, including the signed and binding contract agreement with U.S. Kukkiwon. Kukkiwon President Won Sik Kang dismissed the contract and is seeking to start his own KMOS program that is similar to the former Kukkiwon Overseas Branch Program of his predecessor. Mr. Sang Chul Lee has had numerous discussions with Kukkiwon President Kang, including having flown to Korea for a face-to-face meeting to discuss this matter, and a telephone conference call as a final attempt to salvage the contract agreement with Kukkiwon. In January 2011 President allowed a Kukkiwon Instructor Seminar to take place in Los Angeles, CA even though this is in direct contravention of stipulations in the binding contract agreement between Kukkiwon and U.S. Kukkiwon. U.S. Kukkiwon even had a legal Cease and Desist order served before the seminar took place. This order was ignored and the seminar did take place as scheduled. U.S. Kukkiwon has worked, in good faith, to try to resolve this matter and to be able to work under the conditions of its signed and binding agreement with Kukkiwon to help to promote the Martial Arts aspects of Taekwondo worldwide. Unfortunately, this matter has now been submitted to a State Court of Colorado and will go forward unless there is a settlement reached between Kukkiwon and U.S. Kukkiwon that will allow U.S. Kukkiwon to work under the terms of the contract that was negotiated and signed in good faith by the Kukkiwon President who is the predecessor to current Kukkiwon President Won Sik Kang.