Malaysia Business Times - Telogic unit wins Iraqi deal

Telogic, Mar 10, 2005 -- TELOGIC Malaysia Sdn Bhd, a sales unit of Singapore-based Telogic Pte Ltd, has clinched a deal to supply telecommunications equipment to Iraq, a major breakthrough for the company in efforts to expand into West Asia.

Telogic Technology, the research and development arm of the group, will supply the SS7 signalling gateway to Asiacell under the RM3 million deal, with delivery expected to be completed by next month.

With this project in hand, Telogic Malaysia country manager Lim Thian Pin said it has successfully penetrated a market which most Malaysian companies are still sceptical or fearful to venture into.

“I believe this deal will give Telogic a very good headstart and set our foot into Iraq and the rest of the region.

“As the telecommunications industry is still in its infancy in Iraq, this should provide us with the advantage in tapping into the growth potential of this emerging market,” he told Business Times.

Lim said the product to be supplied to Asiacell is fully developed by Telogic Technology and demonstrates that a home-grown technology and solution company can gain acceptance in the international marketplace.

“We believe this is also due to our proven track record,” he said, adding that Telogic had completed more than 20 major projects with regional operators in Thailand, Indonesia, the Philippines, Vietnam, Cambodia and Malaysia itself.

“Currently, we are bidding for various projects worth more than RM15 million within the region,” he said.

In its quest to become a global telecommunications solution provider, the Multimedia Super Corridor-status company plans to list on the Malaysian Exchange of Securities Dealing and Automated Quotation Bhd (Mesdaq) Market by the first quarter of next year.

“The fund-raising exercise in Mesdaq will help us to achieve our global aim. Our immediate intention will be to set up operations in the US and also West Asia, with India and Australia to follow,” Lim said.

The Telogic group is a leading telecoms solution provider headquartered in Singapore.

It has regional offices in Indonesia, Malaysia, Thailand and the Philippines as well as a network of partners in Asia Pacific.

Article By Kamarul Yunus