• Former IT Head of PSA Eric Lui Named Head of Operations
  • Experienced Technology Marketing Expert Kamal Sharma To Lead Sales and Marketing
  • Banking And Finance Expert Christopher Millar Named Non-Executive Director

    SINGAPORE, February 16, 2004 - Stratech Systems Limited ("Stratech"), an advanced technology and e-business developer, announced today three senior appointments to the management team and the Board of Directors – including the former IT head of the Port of Singapore Authority ("PSA"), a technology marketing expert and a banking and finance veteran – to help Executive Chairman Dr. David K.M. Chew spearhead the Singapore Exchange-listed company's plans to offer its technologies globally.

    Mr. Eric Lui, aged 55, has been appointed Senior Vice President and Head of Operations. He worked for 27 years in the PSA, 18 years of which he held the position of head of IT and was responsible for innovations of IT applications of PSA, which is currently ranked the busiest container port in the world.

    A mechanical engineer by training, Mr. Lui was instrumental in developing certain key IT programmes in PSA during his tenure, including computer-directed systems for conventional cargo operations, ship planning, container terminal operations and management; and PORTNET, a port community system with thousands of agents, haulage companies and other secondary port users accessing it every day.

    Mr. Kamal Sharma, aged 49, has been appointed Senior Vice President and Head of Sales and Marketing. An Indian-born New Zealand citizen, Mr. Sharma has held senior management appointments in software and technology related companies, internationally, over the last 27 years, specialising in global revenue growth, profitability and brand building in the technology sector.

    His previous appointments include Director of Worldwide Sales and Marketing for Exant Software of the United Kingdom, CEO for the Asia-Pacific region and a member of the Executive Board for JBA Holdings, a UK-listed software solutions company with global revenues of over US$550 million.

    In the past Mr Sharma has held senior appointments with Canadian business performance software vendor Geac, where he served as Regional Manager for the Company's Asian business and McDonnell Douglas' efforts in the Public sector.

    Stratech also announced the appointment of Mr. Christopher Alexander Millar as a non-executive director of the Company. Aged 49, Mr. Millar currently holds the position of President and CEO of Diginerv, Inc., a U.S.-based supplier of advanced IT products. Prior to joining Diginerv, Inc., he held senior international banking and finance appointments, including as Banking Policy Expert for the Asian Development Bank, Chief Executive Officer and President of NASDAQ-listed Argent Capital Corporation and Managing Director of Bankers Trust Company (based in New Zealand and then Hong Kong).

    Commenting on the appointments, Dr Chew said: "As part of our Strategy 2005, Stratech is positioning itself to be a truly global technology provider. The addition of Eric, Kamal and Chris – who each bring with them proven management and international marketing experience at the highest levels – will bring Stratech closer to achieving its goals."

    "We have been in active discussions with existing and potential international customers for a whole range of exciting and highly innovative projects, and will tap on the experience and skills of our top management and marketing team to see them through to fruition," he added.

    About Stratech Systems Limited

    Stratech Systems Limited ("Stratech") is an emerging world-class Advanced Technology and e-Systems developer. Stratech delivers large-scale real-time mission critical systems for Governments and Businesses in the Homeland Security / Defense, Transportation and e-Business / e-Government markets. Stratech brings together world-class expertise, software, intellectual assets and unique technology capabilities in the areas of Computer / Intelligent Vision, intelligent Transport Systems (iTS) and e-Systems to enable her customers to meet existing and future operational challenges, gain significant strategic advantage and seize new business opportunities. Stratech focuses on providing products and solutions to real-world challenges where traditional IT technologies are inadequate. Stratech's "Connected Reality" solutions exploit state-of-the-art Info-Comm Technologies that connect the Net and the real-world more effectively and transparently, thereby enabling customers to leverage on the power of the Net to solve difficult real-world challenges.

    Formed in 1989, Stratech has established an impressive track recording serving customers in industries such as Government, Homeland Security, Defense, Transportation (land, air and sea), Aerospace, Healthcare and Financial Services. Stratech is recognised as a leader in innovation and technology, is extremely entrepreneurial, developing and implementing advanced technology solutions that achieve significant business transformation and competitive advantage for its customers.

    Listed on the Main Board of the Singapore Exchange, Stratech is headquartered in Singapore and targets markets in Asia, the Middle East, Australia, Europe, North and South America.

    For more information, please contact:

    Gary Tan
    Corporate Communications Division
    Tel: +65 6799 6650
    Fax: +65 6323 2177