INNOCELL CORPORATION is a Korea-based company mainly engaged in the information technology (IT) business. The Company operates in two business segments: IT segment and biotechnology segment. Its IT segment exports computer peripherals to overseas markets, such as liquid crystal display (LCD) monitors. Its biotechnology segment provides immune cell therapy, immune cell cryopreservation service and cord blood cryopreservation service. Through its subsidiaries, it also engages in the manufacture of electronic parts. As of December 31, 2011, the Company had 11 affiliated companies.