Insprit, Inc. is a Korea-based company mainly engaged in the provision of network solutions. The Company operates in three business divisions: network infrastructure solution division, which provides third-generation (3G) and fourth generation (4G) infrastructures for registration, authentication, billing, location and traffic management services for voice and data systems; data service platform division, which provides multimedia messaging services (MMSs), video streaming and others, and embedded software solution division, which provides software that enables mobile devices to receive data, play contents and control terminals. On October 21, 2011, the Company sold a 41.80% stake in Enspert. Inc. After the transaction, the Company's stake in Enspert. Inc. decreased to 24.22% from 66.02%.