CYBERJAYA - MALAYSIAS SILICON VALLEY SHOWCASES TECH INVESTMENT.

(Full text of statement. Contact details below.)

MEDIA RELEASE PR43963

Cyberjaya - Malaysia's 'Silicon Valley' Showcases Technology Investment Potential At Cebit 2011

CYBERJAYA, Malaysia, Mar. 25, 2011/BERNAMA-AsiaNet/--

Cyberview Sdn. Bhd., landowner and development mastermind of Cyberjaya, Malaysias premier address for information, communication and technology (ICT) and innovation companies, gave visitors to CeBIT 2011 an insight to the business and investment opportunities available in the Malaysian cybercity together with a delegation of ICT entrepreneurs based and nurtured there.

"What Cyberview has accomplished at CeBIT was to showcase the innovation and opportunities available in Cyberjaya which will not only attract new companies and investors but also create new collaborative opportunities for existing ICT businesses in Cyberjaya," said Ir. Hafidz Hashim, Managing Director of Cyberview Sdn. Bhd.

"In this borderless, connected world, there are boundless opportunities for German businesses to leverage on Cyberjaya's attraction as an investment location. International investments stand to benefit from our position as a global hub and preferred Asian location for ICT, multimedia and services for innovation and operations with the backing of the Malaysian government in support of the Malaysian innovation economy," Hafidz added.

Cyberjaya is a premier cybercity has the latest IT infrastructure planned for growth featuring state-of-the-art commercial, residential, business and institutional developments. Over 500 companies have chosen Cyberjaya as their preferred business, outsourcing and solutions location including globally recognised names like DHL, HSBC, DELL, Shell, BMW, AMD and Ericsson.

As the landowner of Cyberjaya, Cyberview is mandated to spearhead the development of the premier cybercity, provide end-to-end conducive and business friendly ecosystems for businesses and to facilitate both local and international investments to grow, coupled with strong business acumen and results that speak for themselves.

Cyberview's SME tenants, which are based in Cyberview's own SME Technopreneur Centres, include Axon 313 a global specialist in turnkey multi-projection solutions for varied industrial applications including simulation, entertainment and broadcast in Europe, USA, Far East and Middle East markets; and Select-TV a major global hospitality interactive TV and Internet Protocol Television (IPTV) technology provider, with solutions and technology deployed internationally in hotels, cruise liners, and hospitals.

Axon 313's creativity and innovative solutions have earned them international opportunities, including a shopping mall in Berlin. The company signed two memorandums of understanding (MoUs) with two European partners at CeBIT 2011, marking the first major business coup of the Malaysian delegation there this year.

The two signatory companies were PaceBlade Technology an innovator of mobile TabletPC solutions, offering the next generation of professional mobile devices; and Screen-Tech a projection screen manufacturing company with proprietary "opalized" acrylic projector screens under the ST-Professional brand.

Under the terms of the agreement, Axon 313 will develop projects in-line with Screen-Tech and Pace Blade Technology's specifications, while the two signatories will participate in Axon 313's research and development processes.

The signing ceremony was witnessed by Mr. Sabri Abdul Rahman, Senior Trade Commissioner for the Malaysia External Trade Development Corporation (MATRADE) and Mr. Rashid Mat, GM of Business, Corporate Communications and Planning for Cyberview Sdn Bhd.

Cyberjaya has experienced an exponential growth of 70 per cent in the number of companies since 2006 and this figure continues to increase progressively.

In 2010 Cyberview attracted a total investment value of MYR3.19 billion (750 million), representing more than a third of the cybercity's total investment value since its inception. This was also due in part to the successful development of Advanced Micro Devices, Inc. (AMD), Shell and Hewlett-Packards (HP) regional operations centres, the MSC Malaysia Knowledge Workers Development Institute, SME Technopreneur Centre 3, residential, institutional and enterprise developments.

For 2011, Cyberview already has MYR2.52 billion (592 million) worth of developments in the pipeline, which will be achieved through further land sales of enterprise, commercial, institutional and residential space. Cyberview is implementing several initiatives to create a livelier and more vibrant environment which will see 3.21 million square feet of enterprise space being built by Cyberview and other stakeholders in the cybercity in 2011.

Wendy Tang, AVP of Select-TV added, Being an MSC-status company in Cyberjaya accords us recognition as a research-based company. It also allows us to focus on our offerings which are standing well in the international market whilst creating more awareness on what Malaysia is contributing to the global ICT arena."

Cyberview's vision and determination is to continuously evolve and sustain the vibrant, thriving ecosystem in Cyberjaya. It has also launched its own IPTV channel Cyberjaya-TV a first for a cybercity in Malaysia. This serves to bring Cyberjaya's creative community to an international audience, highlighting the creativity and innovation behind the community and companies that have made Cyberjaya their preferred location to live, study, work and play.

SOURCE:Cyberview Sdn. Bhd.

FOR MORE INFORMATION CONTACT:

NAME : Rashid Mat

GM

TEL : +60 3 8315 6113

EMAIL: rashid@cyberview.com.my

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ASIA PULSE nt 25-03 2016