About ECnet

About MarketRoot Solutions Sdn Bhd
MarketRoot Solutions is in partnership with MarketRoot Corporation, a hi-tech company based in the Silicon Valley, USA, to provide sales management, technical, market research and product development support for MarketRoot software solutions globally. MarketRoot’s technology capabilities encompass product cataloging, sales ordering and management, procurement, tendering, bidding, and sales forecasting and budgeting solutions.

MarketRoot is a specialist software company providing e-solutions and consultancy services to businesses, in particular Small Medium Industries and Small Medium Enterprises, wanting to reach out to both their local and global customers using technology-enabled solutions through the Internet in a powerful, flexible, user friendly, affordable and efficient manner. Customers’ portfolios and more information on MarketRoot Solutions can be viewed at http://www.marketroot.com.my/.

SINGAPORE, 28 January 2004 - ECnet Limited, a leading global provider of e-supply chain solutions and management services, today announced that it has been officially acquired by R Systems, Inc., a global information technology outsourcing company based in US and India. Since the completion of the acquisition in early January 2004, ECnet has become a subsidiary of R Systems, under its existing trademark name "ECnet".

Headquartered in India, R Systems provides core global outsourcing services in areas like Information Technology, Consumer Finance and Back Office Support to various industry verticals. It has been named by Inc. 500 as America's Fastest-Growing Private Companies for three consecutive years and has also been assessed Software Engineering Institute Capability Maturity Model (CMM) Level 5, which represents the top two per cent of software development organisations globally. Only 53 other India-based companies are assessed at CMM Level 5 and less than 100 companies worldwide hold this level of maturity.

Through this acquisition, it will create greater synergy for both companies to leverage on each other's strengths in the areas of client resources, trade channels, business markets and technology so as to successfully develop and implement eSCM initiatives both in Singapore and internationally. The acquisition will allow ECnet to tap on R Systems' expertise on enterprise solutions, global reach and its talent pool of 800 employees. Reciprocally, R Systems can readily develop a SCM practice and effectively penetrate Asia's manufacturing industry through ECnet's established eSCM solutions and world-class clientele.

"We're truly excited and honoured to be working with R Systems, a company that has grown rapidly over the past few years, with an impressive track record. Since 1995, ECnet, a pioneer in the supply chain management arena, has built a strong presence across Asia. With the financial and technical backing from R Systems, we look forward to tapping the synergies between R Systems and ECnet, to enable a greater level of excellence in the solution offerings to our customers. At the appropriate time, ECnet will extend its presence into US and India through R Systems' strong client reach," said Mr. Peter See, President and CEO, ECnet Limited.

"This latest acquisition of ECnet supports R Systems' strategy of consolidating our presence in South East Asia and extending our outsourcing services in this region. We feel that ECnet's business strategy is a good fit with what we're looking for. We were looking to acquire a well-established company that provides innovative and collaborative solutions with the ability to meet the diverse needs and changes of today's challenging business environment… we found that in ECnet. Acquiring ECnet is an excellent platform for R Systems to extend its foray into the other parts of Asia, where ECnet has a strong presence," said Mr. Rekhi Singh, President and CEO, R Systems, Inc.

"We've very good rapport with ECnet's management team and we're very excited about the company's plans. We're confident that with R Systems' support and ECnet's capable and professional team, ECnet will be able to further develop the suite of ECnet products and solutions to continue to serve its customers without compromise," said Mr. Singh.

Mr. See added, "R Systems' acquisition of ECnet will serve to strengthen our capability and leading position in the eSCM industry. We're very committed to delivering innovation and value to our customers, through consistent, reliable and industry leading edge solutions."

The acquisition of ECnet by R Systems has been completed in January 2004. Mr. Peter See remains as ECnet's President and Chief Executive Officer and will also be heading R Systems' thrust into the Asia Pacific region. ECnet will continue to be headquartered in Singapore, with presence in US, China, Japan, Malaysia and Thailand.

About ECnet

About R Systems, Inc.

Founded in 1993, R Systems is a global information technology outsourcing company with an unwavering focus on our customers' Information Technology, Human Resource and Consumer Finance needs. Additionally, R Systems provides porting and tuning services through our Intel Certified Application Solution Centers.

R Systems and its affiliates maintain four large centers for Software Excellence. One of the centers is located in El Dorado Hills, CA, while the other three located in India.

Over 180 companies, including Avexus, State of California, Compaq, Intel, Install Shield, and more have relied on R Systems for more than ten years to deliver innovation and quality, whether the project or process managed onsite, offsite or offshore. For more information on R Systems, Inc. visit www.rsystems.com

KUALA LUMPUR, September 26, 2003 - ECnet Malaysia Sdn Bhd, a leading global provider of e-supply chain solutions and management services, today signed an agreement with IGLO (M) Sdn Bhd (IGLO), a subsidiary of Second Board-listed Haisan Resources Berhad, for the implementation of the leading edge Vendor Managed Inventory (VMI) solution to further strengthen IGLO's regional position as a leading third-party logistics (3PL) provider.

Through this strategic partnership with ECnet, IGLO will enhance its outsourcing services utilising ECnet's 3.0 Pro VMI Ver 2.0 solution. The solution will enable IGLO's customers and trading partners to receive real-time electronic data on their inventory levels as well as replenishment and consumption status, and thus manage these more tightly and efficiently.

"ECnet's proven e-Supply Chain solutions help organisations to streamline their supply chain processes, integrate the flow of information and, most importantly, forge closer interaction with their customers and trading partners. We are very pleased to be able to support IGLO's business initiatives and plans to emerge as a leading 3PL player in the region," said Daniel Lu, Country Manager, ECnet Malaysia Sdn Bhd, a fully owned subsidiary of ECnet Limited.

Speaking at the signing ceremony, Ong Chin Yet, Managing Director of Haisan Resources Berhad said, "We believe that this strategic cooperation with ECnet will enable IGLO to provide our customers with greater control over their inventories, which are stored at our temperature-controlled facilities, and also throughout the entire supply chain. IGLO will be able to provide better visibility and real time inventory tracking to our customers and trading partners within Malaysia, the Philippines and China.

"This is a timely venture on our part. By providing this value-added service to our customers, we can help them track and manage their inventories more efficiently. We hope to attract more enterprises, both local and international, to utilise IGLO's integrated logistics services to gain a competitive advantage, " added Ong.

"With ECnet's solution, we offer IGLO the opportunity to scale to a complete set of Collaborative e-SCM solutions as future business requirements change. Earlier this year, IGLO had implemented ECnet's 3.0 Pro LSP (Logistics Service Provider) solution, which enables IGLO's customers to place their orders and enjoy full visibility of the delivery status including managing delivery documents over the web. We look forward to a continuous and fulfilling strategic alliance with IGLO, in our quest to bring greater efficiency to organisations through the use of information technology," said Lu.

The implementation of ECnet's VMI solution will result in better cash-to-cash cycles, reducing the risk of stock-outs, increasing the speed of information to IGLO's trading partners, as well as gaining faster response time with them through increased information accuracy.

Established in 1995, IGLO is a leading provider of third party temperature-controlled logistics. Some of its services include cold storage warehousing, blast freezing, thawing and tempering cycles, (re)packaging, labeling and reefer distribution.

More information about IGLO can also be found at http://www.iglo.com.my

About Haisan Resources Bhd
Haisan was incorporated on December 27, 1999, as a private limited company. The Company was listed on the Second Board of the Kuala Lumpur Stock Exchange (KLSE) on January 16, 2001.

Haisan, which first began as a trading company dealing in refrigerating equipment and the renting of jetties in 1970, has developed into an integrated ice and industrial refrigeration manufacturer and service provider. Today, Haisan has moved one step further to specialise in the provision of state-of-the-art temperature-controlled logistics services in Malaysia and its surrounding region.

Haisan has 13 subsidiaries and two associate companies. These companies are involved in three core businesses: Temperature-Controlled Logistics & Warehousing, Engineering of Industrial Refrigeration and Ice Manufacturing.

Haisan has a strong presence in the industrial refrigeration industry in Malaysia and has expanded its services to countries such as the Philippines and China.

More information about Haisan can be found at http://www.haisan.com

SINGAPORE, 11 JUNE 2003 - ECnet Limited, a global provider of collaborative supply chain solutions and management services, today announced that Penang Network Services' subsidiary, Global Electronic Trade Technologies Sdn. Bhd. ("GETT"), has selected ECnet to power their hosted RosettaNet e-SCM application services enabling electronic supply chain collaboration for the manufacturing community in Malaysia.

The GETT RosettaNet E-Business Hub initiative enhances the economic status of the Penang State Government as an innovative user of ICT to create virtual manufacturing services, facilitate electronic trade and promote the development of supporting industries like logistics, finance and the service industries. This brainchild was conceptualized through the Penang State Knowledge-Information and Communications Technology ("K-ICT") Council and identified as an action plan in the Penang State K-ICT Masterplan. It serves to respond to the challenges of the future as businesses globally consolidate their supply chain processes to maintain competitiveness. Penang's Chief Minister, Y.A.B. Tan Sri Dr. Koh Tsu Koon ("Y.A.B. Tan Sri") launched the GETT RosettaNet E-Business Hub on 9 June, 2003 in the Penang Development Corporation.

The GETT RosettaNet E-Business Hub is the result of a partnership between GETT and ECnet, a leading e-SCM application solution provider in the region. GETT manages and operates the hosted RosettaNet e-SCM application services co-jointly developed with ECnet to serve the needs of the Malaysian manufacturers, employing best-of-breed technology to assist businesses in rapidly integrating its business processes and automate the exchange of information with multiple business partners. This is possible as the GETT RosettaNet E-Business Hub is based on a "shared", "hosted" or Application Service Provider ("ASP") concept whereby multiple users utilize a common RosettaNet e-SCM application hosted in a central secure location thereby also making it highly cost effective as no heavy investment on hardware, software and technical resources are required.

ECnet's solutions allow for full SCM collaboration using RosettaNet standards and supports strategic SCM programs like VMI, SOI and JIT and collaborative logistics. They have been designed to enable quick integration of SMIs, trading partners and logistics providers to improve delivery cycle time, costs and supply chain visibility. In addition, ECnet's current developments in the logistics arena are positioned well to support the natural extension of many companies moving towards integrating physical and system aspects of their SCM. This will open up new boundaries for the manufacturing industry in Penang.

The GETT RosettaNet E-Business Hub is poised to boost the Malaysian manufacturers in rapid adoption of e-business on RosettaNet standard. SMIs are urged to embark on e-business not only is there a great push by the Malaysian Government in supporting e-business on a RosettaNet standard, but more importantly, the need for e-business is becoming increasingly relevant in these challenging times and crucial to the SMIs' very survival.

Singapore , 02 April 2003 - ECnet Limited, a global provider of collaborative supply chain solutions and management services, today announced that regional 3rd Party Service Provider, Iglo (M) Sdn Bhd has selected ECnet to deploy it's Pro solution for Logistics Service Provider (LSP) following a MOU signed with ECnet in August 2002.

IGLO (M) SDN. BHD., a subsidiary of Haisan Resources Berhad, established in 1998 to provide multiple-temperature controlled storage and 3rd party logistics services from its state-of-the-art facility situated in the North Port of Port Klang. Iglo has developed itself into a specialist for 3rd. Party Temperature Controlled Logistics Service Provision in the Asian region. Iglo has proved its expertise with over 30 years of collective professional warehousing experience in handling of all types of frozen and refrigerated commodities as well as distribution of perishable foods.

ECnet will augment Iglo's existing systems with ECnet Pro LSP solution. Iglo's customers are able to place their orders and enjoy full visibility of the delivery status including managing delivery documents over the web. ECnet's application manages the Supply Chain process with pre-defined workflows and business rules. With ECnet Pro solutions, Iglo is able to leverage on ECnet's domain expertise in Supply Chain Management and application to provide value-added solutions and services to Iglo's new and existing customers, enabling them to have a well-integrated flow of information and closer trading partner relationships.

"With the implementation of the ECnet 3.0 Pro solution, we are confident that this would help Iglo achieve better control over the supply chain activities, increase efficiencies and improve customer service. This is achieved through integrating disparate systems and e-enabling the business process between Iglo and its customers. By bringing various trading partners in the Supply Chain into a closer collaborative environment, a 3rd Party Service Provider will be able to provide its customers strategic Supply Chain advantage and at the same time extend their value by providing a unique customer experience," said Mr. Daniel Loh, Vice President, Global Sales & Marketing, ECnet Limited.

About Iglo (M) Sdn Bhd

Iglo (M) Sdn Bhd provides comprehensive services in temperature controlled operations. Its State-of-the-Art MTCF, located at North Port, Port Klang, includes advanced product handling provisions with fully automated loading dock boards in accordance with a continuous "Cold Chain", ensuring product quality maintenance.

For essential reefer distribution of the involved products, Iglo manages a fleet of reefer trucks of various sizes. More information about Iglo can also be found at http://www.haisan.com.

Singapore , 2 September 2002 - ECnet Limited, a global provider of collaborative supply chain solutions and management services, today announced its strategic alliance with eBizprise Inc. and CAEMS, two of Computer Associates' (CA) Joint Venture (JV) companies, to form "Asia Supply Chain Alliance" (ASCA). Both Taiwan-based, eBizprise Inc. is a leading solution provider for B2B Integration and Collaboration, and CA Enterprise Management System Inc. (CAEMS) is an ERP/WMS (Warehouse Management System) solution provider.

The Asia Supply Chain Alliance's mission is to integrate the collective strengths of three leading companies to deliver innovative and collaborative supply chain solutions and services for key industries in Asia. It will enable enterprises to address the needs of today's rapidly changing business environments and position them for the evolving value chains of the future.

The cooperation, which is the first strategic alliance to be established among ECnet, eBizprise Inc. and CAEMS, will tap on all parties' expertise to complement each other's strengths in the areas of technology, domain knowledge, client resources, infrastructure, trade channels and business markets so as to successfully deliver strong value propositions for new businesses within Asia.

With the formation of ASCA, it will also address one of the most critical business challenges today - the management of virtually integrated enterprises. Through the alliance, the companies will jointly develop an integrated platform with ECnet's collaborative supply chain solutions, CAEMS's WMS (Warehouse Management System) and eBizprise's B2Bi technologies. The integrated platform will effectively manage the transactions for areas such as procurement, inventory management, forecasting, logistics and payment. The collaboration among ECnet, eBizprise and CAEMS will provide the capability to manage these critical operations from a uniformed interface. Gathering the multiple technologies, expertise and resources from these companies, the joint solution will provide the best choice of supply chain collaboration solutions for Asian enterprises.

"ASCA brings together three leading players in the forefront of the technology industry. eBizprise, CAEMS and ECnet will enable the next generation of supply chain collaboration to enterprises in the key industries in Asia," said Mr. Peter See, President and Chief Executive Officer of ECnet. "Clients can now readily assess the health of their businesses and make effective and rapid decisions together with their trading partners by using our solutions that are built on the integrated platform."

Mr See added, "Since inception in 1995, ECnet has been a leading provider of collaborative supply chain solutions for more than 1400 customers in the manufacturing industry, such as Matsushita, Jurong Hi-Tech, Pioneer, Wincor Nixdorf, Sanyo Asia, TEAC and Toshiba. Over the years, we have built and consolidated our domain expertise and strengths, especially in the high-tech manufacturing industry. Now, with the formation of ASCA and several other key initiatives in the pipeline, we hope to extend our collaborative supply chain expertise to other verticals, such as retail, logistics, FMCG (Fast Moving Consumer Goods) as well."

"Asia Supply Chain Alliance provides innovative and collaborative solutions that meet the needs of today's business environment as well as the continuous changes in business and supply-demand relationships. We are commited to deliver value to our customers through consistent, reliable and best-of-breed solutions. At Asia Supply Chain Alliance, we get you ahead of your competition," said Mr. Wenwey Hseush, Chief Executive Officer, eBizprise.

"Through ASCA, CAEMS will extend its Third Party Logistics services to a wider scope. Our customers will be able to manage their trading partners' activities and get obviously adding value from this powerful platform," said Mr. Samuel Liu, Chief Executive Officer, CAEMS.

Singapore , 20 August 2002 - ECnet Limited, a global provider of collaborative supply chain solutions and management services, and Iglo (M) Sdn Bhd, an independent regional 3rd Party Service Provider for Temperature Controlled Logistics, have signed a Memorandum of Understanding (MOU), to jointly offer the two companies' core solutions in the engagement of business opportunities in Malaysia and the region.

Through this partnership, Iglo, a subsidiary of KLSE-listed Haisan Resources Berhad, will be able to leverage on ECnet's proven supply chain solutions and expertise, to strengthen their value proposition to existing and new business initiatives. ECnet's solutions enable more than 1,400 customers to facilitate collaboration with their customers, suppliers and logistics service providers.

Similarly, it enables ECnet to tap on Iglo's strengths and expertise in the area of cold supply chain fulfillment, in the FMCG (Fast Moving Consumer Goods) and Retail verticals, with about 95% of Iglo's business coming from the food industry. Cold Chain logistics requires the product to be maintained at the optimum "low temperature environment", both in storage and in transit. Such stringent requirements ensure that the product is delivered at the final leg of the supply chain in the pre-specified condition - safe and ready for consumption.

Currently, Iglo is the temperature controlled supply chain service provider for Unilever Walls in Malaysia, the Philipines and China. Iglo is responsible for managing and operating logistics activities for its ice-cream products. Other customers include major global food manufacturers. Iglo is also able to provide storage for electronics, pharmaceutical and "halal food" chemicals products with storage temperatures ranging from +20°C down to - 28°C accordingly.

"ECnet today helps organisations to reduce time to market, operate more efficently and most importantly, get closer to their customers and trading partners. This strategic alliance with Iglo will allow ECnet to offer an even more compelling business proposition for all our customers, giving them a competitive edge. The joint solution from ECnet and Iglo will be capable of ensuring that the optimal inventory is kept at the right place and in the ideal environment, both in storage and in transit, as well as maintain optimum stock quantity with closely monitored inventory turnaround. With ECnet's solution and Iglo's "low temperature" infrastructure, we offer customers a flexible and dynamic distribution and replenishment solution. We look forward to a long and enriching working relationship with Iglo, whereby both parties collaborate to develop and offer solutions and business propositions to the FMCG and retail companies," said Mr. Ling Wee Seng, Senior Vice President, Global Sales & Marketing, ECnet Limited.

Mr. Raymond A. E. de Graaf, CEO, Iglo (M) Sdn Bhd said, "As a specialist in the provision of low temperature controlled operations, we see a tremendous potential as an independent 3rd Party Logistics provider. However, this niche market segment requires substantial investments for the establishment of a network of MTCF's (Multiple Temperature Controlled Facility) & CWDC's (Central Warehouse & Distribution Center). Through this collaboration, it enables both parties to leverage on each other's strengths and to provide value-added solutions and services to our new and existing customers, enabling them to have a seamless integration and closer trading partner relationships. We are confident that this partnership will lead to greater mutual opportunities and benefits."

About Iglo (M) Sdn Bhd

Iglo (M) Sdn Bhd provides comprehensive services in temperature controlled operations. Its State-of-the-Art MTCF, located at the Noth Port, Port Klang, includes advanced product handling provisions with fully automated loading dock boards in accordance with a continuous "Cold Chain", ensuring product quality maintenance.

For the essential reefer distribution of the involved products, Iglo manages a fleet of reefer trucks of various sizes. More information about Iglo can also be found at http://www.haisan.com

Further Readings	:	Haisan Annouces Signing of MOU with ECnet Limited.
		ECnet signs MOU with IGLO (M) SDN BHD (Chinese)

Singapore , 14 August 2002 - ECnet Limited, a leading global provider pf collaborative supply chain solutions and management services, announced that Toshiba Asia Pacific Pte Ltd has successfully increased its supply chain visibility and productivity significantly since its implementation of ECnet's supply chain management solution last year.

Toshiba, with its headquarters in Tokyo and close to 200 offices worldwide, is a leading manufacturer and marketer of advanced electronic and electrical products, spanning products such as information & communications equipment and systems, Internet-based solutions and services, electronic components and materials and household appliances. Its Singapore-based manufacturing facilities are focused on audio-visual products, notebooks, computers and copiers. Currently, Toshiba has 10 procurement officers, with Toshiba Asia Pte Ltd as its International Procurement Office (IPO) in Singapore.

Since implementing ECnet's solution for its Order and Delivery Management processes in the second half of 2001, Toshiba Asia Pacific Pte Ltd has been enjoying a paperless working environment as most of its processes are now web-based. At the same time, it allows for real time response and collaboration with its trading partners, achieving greater visibility and productivity across its supply chain. Toshiba Asia Pacific Pte Ltd has successfully linked about 50 of its main trading partners, including several logistics partners to the system, bringing them closer to Toshiba and most importantly, providing them with a common platform to collaborate.

Prior to implementing ECnet's supply chain management solution, Toshiba Asia Pacific Pte Ltd depended on traditional processes such as mailing and faxing to disseminate Purchase Orders (POs) to their trading partners and also to collaborate via phone.

"We recognise that in a highly competitive environment, we need to continuously re-invent our business and streamline our supply chain processes to maintain our market position. We identified our needs to improve our supply chain visibility and speed of information, for both Toshiba and its trading partners. ECnet, with its proven track record, was able to quickly identify the issues at hand and deliver a solution that matched what we needed," said Mr. Tsukasa Kobayashi, Information System Manager, Toshiba Asia Pacific Pte Ltd.

Mr. Kobayashi added, "With speed and reliability being key in our business operations, we are indeed pleased to work with ECnet in ensuring that our supply chain processes were streamlined and also in fostering closer, more efficient and flexible trading partner relationships."

As the regional IPO arm, Toshiba Asia Pacific Pte Ltd, has functions such as sourcing, procurement, inventory management, consignment to contract manufacturers, and the sales of production parts to the related customers.

"With the implementation of ECnet's solution, we are delighted that we have helped Toshiba Asia Pacific Pte Ltd to reduce their manual and paper-based processes. More importantly, we provided Toshiba with a platform to perform supply chain collaboration with their trading partners. This resulted in time and cost savings, error reduction, increased productivity for its employees and trading partners, and also allowed them to focus on exception handling. ECnet will continue to work closely with all our customers to find new ways to deliver solutions that help them cut time and expense from their collaboration with trading partners," said Mr. Ling Wee Seng, Senior Vice President, Global Sales and Marketing, ECnet Limited.

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About Pioneer Electronics Technology (Asia) Co.

Pioneer Electronics Asiacentre Pte. Ltd. (PAC), the Pioneer group's headquarter for the Asian region consists of three internal companies, namely PAC Headquarters, Pioneer Electronics Marketing (Asia) Co. (PMA) and Pioneer Electronics Technology Asia Co. (PTA).

PTA oversees the operations of the production administration, International Procurement Office (IPO) and Design Centre. The Production Administration Division coordinates the production schedule at the subsidiaries & subcontractors and ensures cost control. The IPO Division involves the procurement of materials and the sales of production parts to the related customers. Material & parts control plays an important role in this division. PTA also provides production support to their subsidiaries & subcontractors as well as ensures quality assurance of manufactured products within PAC. The Logistics controls the Asia Zone distribution and organises Asean regional logistics network. The Design Centre focuses on the design of car stereo & audio products in order to meet the changing demands of today's needs. More information on PTA can be found at: http://www.pioneer.com.sg.