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Fujitsu and Y3 Technologies Forge Strategic Alliance to Jointly Develop Mobile Supply Chain Management Technology

This arrangement between the leading internet/telco technology infrastructure developer and supply chain solutions provider, paves the way for a new hybrid of wireless solutions that can be seamlessly applied on any mobile apparatus, leveraging on global communications networks

Fujitsu Asia Pte Ltd.

Singapore, May 15, 2002

Fujitsu Asia Pte Ltd., a leading internet/telco technology infrastructure developer and Y3 Technologies Pte Ltd (Y3), home-grown logistics supply chain solutions provider, today announced the formation of a strategic alliance to develop mobile applications for managing and authenticating the transaction events along the supply chain in real-time.

The partnership between the two innovative leaders in their respective fields brings together the critical expertise of two distinct yet fundamentally vital knowledge-based domains - that of Mobile Technologies Infrastructure and Suppl ychain™ Management Solutions. Fujitsu Asia will provide the know-how in relevant technologies and the setup of appropriate infrastructure for Mobile Application Services, in areas such as security and interfacing of mobile technologies used by the various mobile network operators. Y3 will provide its proprietary domain knowledge in the applications of end-to-end Suppl ychain™ Management Solutions, where mobile transactions and wireless application could be adopted to enhance the efficiencies in the business processes within supply chains. The inaugural project of the FAPL/Y3 consortium will be the development of an Electronic Proof of Delivery (ePOD*) for Mobile Supply Chain Transactions.

Mr Chng Teo Hye, Group Chairman and Co-CEO of Fujitsu Asia, said "By partnering with a renowned supplychain innovator like Y3, we are assured of developing cutting-edge business-driven mobile applications that deliver real value to clients and enable them to achieve sustainable competitive advantages."

Dr Robert Yap, Chairman of Y3, said "I strongly believe that this partnership with Fujitsu Asia will propel high standards of wireless applications. The pioneering innovation and leading-edge R&D that Fujitsu and Y3 brings to the table will enhance the security and efficiency of mobile transactions that can be readily adopted."

Mr Chng and Dr Yap also mentioned that the climate for innovation in Singapore is very encouraging and that the partnership between Fujitsu Asia and Y3 is a direct result of the strong support and effective initiatives by the government bodies and statutory boards to bring together the synergies of value-creating organizations such as Fujitsu and Y3.

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About Y3 Technologies Pte Ltd.

Founded in 1981, the home-grown supply chain (SC) solutions provider, started as the technology division of the local logistics and supply chain management (SCM) giant - YCH Group. Since then, Y3 has grown steadily to become an autonomous and established SC solutions and technology company, with a suite of award-winning proprietary SCM solutions. With a strong track record, it is steadily expanding its global market presence. Its base of MNC clients and strategic partners attests the total commitment of Y3 to fast delivery of effective solutions incorporating state-of-the-art technologies and best practices.

An Oracle ILIUP Partner, Y3 is one of the select few Independent Software Vendors (ISV) in Oracle's Rapid Transit Programme for 9iAS applications based on the latest Oracle Technologies. Y3 is also an IBM Solutions Partner and the first ISV in ASEAN to have signed a Territory Agreement as a part of IBM Strategic Alliance Programme, exclusive to world-class solution providers only in the US and Europe. Its strategic partner for wireless solutions is telecommunications and IT leader Fujitsu Asia.

The company's end-to-end supply chain solutions serve as key components supporting world-class supply chain environments for user companies. These include Dell, Motorola, Compaq, YHS, Moet-Hennessy, Danone, DyStar, Ciba, Roche; in countries such as Scotland, Australia, Mexico, China, Thailand and Malaysia with headquarters in Singapore. Other customers in Singapore include SATS and Cosmic Insurance.
For more information, please see: www.y3technologies.com

About Fujitsu Asia Pte Ltd

Fujitsu Asia Pte. Ltd. was established in Singapore in 1997 to provide leadership in business development, technology innovation and customer support as regional headquarters for the Fujitsu group of companies in Asia outside of Japan. Building on Fujitsu's three decades of experience in Singapore and the broader Asian region and with a pool of highly skilled engineering talent, Fujitsu Asia is dedicated to providing comprehensive integrated IT, telecommunications and networking solutions that deliver tangible business value and enable customers to meet the challenges of the new global economy. Fujitsu Asia is a wholly owned subsidiary of Tokyo-based Fujitsu Limited (TSE: 6702), a leader in customer-focused IT and communications solutions for the global marketplace.
For more information, please see: http://www.fujitsu.com/sg/

Press Contact:

Rachael Low

Phone: Phone: +(65) 6512 7184
E-mail: E-mail: rachael.low@sg.fujitsu.com
Company: Fujitsu Asia Pte Ltd
Head of Marketing

Y3 Technologies Pte Ltd

Andrew Seah

Phone: Phone: (65) 6860-7748
E-mail: E-mail: andrewseah@y3technologies.com
Company:Y3 Technologies Pte Ltd


All company or product names mentioned may be trademarks or registered trademarks of their respective holders and are used for identification purpose only. Please understand that product prices, specifications and other details are current on the day of issue of the press release. However, these may change thereafter without notice.

Date: 15 May, 2002
City: Singapore
Company: Fujitsu Asia Pte Ltd