Asian Expansion Continues For Jade

Singapore. 29 February 2000. – Christchurch based sofrware company JADE has expanded its presence further in Asia with the signing of a partnership with Singapore-based software company Bizpoint System Pte Ltd.

"As a proven software development company with a large customer base and exciting expansion plans, Bizpoint System are a valuable addition to the JADE Partner community and will prove important to our growth in markets such as Singapore, Malaysia and China," said Owen Scott, JADE's General Manager, Sales & Marketing.

Mr Scott said JADE expected to make further partnership announcements in the near future. "As large corporates quickly shift their focus from Y2K projects to e-commerce, we are experiencing a real upsurge in interest from companies wanting a programming tool like JADE that delivers true, transactional e-commerce systems."

Bizpoint Director Mr Teo Yee Cheong said his company chose JADE because they were looking for a programming technology offering the stability and scalability critical for the redevelopment of their financial software product. "We also wanted a tool to drive for our fast growing business in delivering e-commerce solutions, having already tried other programming products that proved unsatisfactory."

JADE's success in universities and technical institutes throughout Australasia was also an important factor for Bizpoint, who have considerable interests in the tertiary sector as a licensed provider of training programmes.

Mr Teo said his company, with headquarters in Singapore and a software plant of 30 developers based in Wuhu, China, was looking to expand into 21 cities in China over the next three years.

ABOUT BIZPOINT SYSTEM Bizpoint System Pte Ltd has been developing financial software for 14 years, servicing 300 sites in Singapore, Malaysia, Thailand, Japan, the Philippines and Indonesia. It also delivers e-commerce solutions and is an accredited provider of training. The company is also opening its doors to other JADE Partners' participation in the development of a comprehensive solution for the logistics industry and a virtual school system for the education sector. The company has its head office in Singapore, branches office in Malaysia and Shanghai (China) and a software plant in Wuhu (China).

For more information visit www.bizpoint.com.sg

ABOUT JADE JADE is an international software company based in Christchurch, New Zealand. JADE produces a software product of the same name. This single product is everything an organisation needs to build and run enterprise systems for electronic commerce. Over 100 JADE Partners, including companies such as IBM, Ernst & Young, Hitachi Data Systems, Wang, Motherwell Information Systems and Cardinal use JADE in their product or service offering. JADE is used in New Zealand, Australia, Japan, Korea, Singapore and the United Kingdom.

For more information visit www.discoverjade.com

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