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IFCA SOFTWARE LAUNCHES MALAYSIA'S FIRST ONE-STOP BUSINESS WEB PORTAL

Kuala Lumpur, July 26, 2007 - IFCA MSC Bhd, a leading Malaysian independent software vendor (ISV) today announced the launch of IFCA Software for Property Companies, Malaysia's first fully integrated portal-based business management solution built on the .NET platform, aimed at empowering property-based companies connect and collaborate with their entire supply chain and customers via a single web interface.

Created specifically for property companies, IFCA Software for Property Companies provides the convenience of anytime, anywhere access to both real-time applications and data, helping organizations create an optimized workflow environment that improves operational efficiencies and enhances business prospects by increasing communication with potential customers and vendors.

" IFCA's Software for Property Companies is a key development in revolutionizing collaboration within the property industry, one that is customized to the specific needs of our customers and represent the solutions' key value propositions - collaboration, community and commerce," said Ian Jeremy Jones, Executive Director, IFCA MSC Bhd.

”Having worked closely with our existing customers, we have built a solution based on their feedback, the emerging trend of e-commerce and the most relevant technology platform available in the market by Microsoft, to create a complete set of integrated business solutions with the "Build, Sell and Rent" concept. Today, we are proud to be the first to offer such a solution in Malaysia," he continued.

The solution's key attributes are translated into helping companies transform their once static web presence into a dynamic revenue generating and cost saving asset, by:

§ Improving overall productivity and efficiency by
o facilitating true enterprise-wide collaboration with their employees, customers and complete supply chain, i.e. suppliers, contractors, consultants, financiers, solicitors and sales agents
o a built-in Workflow Engine greatly reducing labor-intensive tasks that require resource supervision and resource intervention
o electronic Document Management facilitating high volume indexing, storing and retrieving of documents
§ Enhance overall profitability from
o benefits of cost reduction via centralized purchasing and project cost management
o creating new revenues by leveraging on their communities via in-built tools such as E-mail Blasts, SMS Engine and Instant Messaging to up-sell and cross-sell products and services efficiently and cost-effectively
§ Enhance management ability by transforming data into strategic Business Intelligence via KPI-driven summaries, Alerts and Notifications
§ Enhancing corporate branding and image via an integrated web presence
§ Augmenting customer retention strategies and service levels with powerful CRM components and customer loyalty programs

“We will have country-specific versions and expect a positive adoption rate from our customers globally, as they will greatly benefit from spending less time on paperwork and more time adding value to their businesses, with a number of fully integrated modules that collaborate to provide improved access to immediate and well-documented information, increased interaction with all layers of their supply chain and further cost-saving and revenue generation opportunities,” Jones added.

At the launch ceremony today, IFCA MSC Bhd also signed a memorandum of understanding (MoU) with their first subscriber, Magna Prima Berhad. Commenting on Magna Prima's decision to adopt IFCA's Software for Property Companies solution, Group Chief Executive Officer, C.C. Lim said, "Without exception, we believe that this innovative solution built on the Windows-platform will significantly enhance our business by assisting us in optimizing and achieving greater value out our business via simplified, broad-based yet efficient processes and augmented communication."


Also present at this event was Tyson Dowd, Senior Director, Malaysian Software Economy Division, Microsoft Malaysia, commending on the speed of which IFCA MSC Bhd has deployed its solution to the market.

“A large part of Microsoft’s vision on software revolves around Software + Services (S+S), and in this respect, IFCA's Software for Property Companies is a timely and fitting introduction, which in essence is the melding of traditional client software and “in the cloud” online services.

“IFCA's Software for Property Companies is testament to the maturity and developer productivity afforded by our platform, and demonstrates IFCA’s confidence in a number of our leading products, like Microsoft SQL Server 2005, Microsoft Office Sharepoint Server 2007, Microsoft.NET Framework 3.0, and Windows Server 2003, to name a few,” Tyson added.

More information on the IFCA Software for Property Companies solution can be found at www.myifca.com.