Exact wins MSC leadership award

Delft, 18 Apr 2006

Exact Holding N.V.`s (Exact) main development center (Exact ADC) has been granted the "Leadership in ICT R&D Award" for its "Outstanding Contribution in Product Development in Enterprise Solution". Of the more than 1,400 MSC-status organizations, 6 companies, including Motorola, Intel and BT have received the MSC Leadership Award for their research and development efforts. Located in Kuala Lumpur, Malaysia, Exact ADC is the main development centre of Exact Software worldwide, established in 1996 and currently employing more than 400 people.

Rajesh Patel, CEO Exact Software, "This is a firm confirmation of our long term development strategy. Off-shoring software development allows us to ascertain economies of scale, create centers of expertise and a process which consistently drives quality. We are proud to receive such a distinguished award from the Malaysian government. The award is a testament to all employees working in our development facility in Kuala Lumpur for their continuous commitment, passion and pride in developing state of the art business applications."

The Multimedia Development Corporation (MDeC), a Malaysian government owned body, is annually rewarding organizations which have:

* Undertaken high value work;
* Undertaken substantial contribution to the growth of the ICT industry in Malaysia and the Multimedia Super Corridor (MSC); and
* Maintain high degree of compliance to the standards / guidelines set by the MSC.

The award was presented at a ceremony in Cyberjaya held in conjunction with the 10th anniversary of the MSC. The ceremony was attended amongst others by Malaysia`s Prime Minister Datuk Seri Abdullah Ahmad Badawi and the Deputy Prime Minister, Datuk Seri Najib Tun Razak.

Multimedia Development Corporation (MDeC)

The Multimedia Development Corporation (MDeC) in Malaysia is a government owned body that was incorporated in 1996 with the aim of implementing the MSC (Multimedia Super Coridor) project.

Under its charter, MDeC has been given the responsibility to achieve the above objective by:

1. Bringing in foreign investments
2. Developing local ICT industry
3. Contribute to socio-economic development through the MSC flagship applications, including reducing digital divide.

MDeC has contributed immensely to bring companies and investments into the MSC and implement programs to address the issue of digital divide through its various flagship applications and community projects. It also works with other government agencies to ensure that the infrastructure and other supporting framework are made available.

MDeC is also mandated to use its knowledge and network to facilitate connections among various ICT industry communities to promote business opportunities, learning and growth. It also works to connect the broader Malaysian business community and population to ICT benefits and opportunities while connecting homegrown ICT talents and companies to opportunities worldwide.

Exact Software

Established in 1984, Exact Software is one of the world`s leading providers of business software solutions. Its integrated solutions comprise traditional Enterprise Resource Planning (ERP) as well as related software solutions such as Human Resource Management (HRM), Customer Relationship Management (CRM), Project Management and Electronic Workflow.

Exact is headquartered in Delft, the Netherlands and has offices in Europe, the Middle East, North and South America, Asia, Australia and Africa. With over 2700 employees, subsidiaries in more than 40 countries, solutions available in 40 languages, Exact currently serves customers in more than 125 countries across all five continents.

Revenues in 2005 amounted to EUR 224.5 million. Exact Holding N.V. has been listed on Eurolist by Euronext Amsterdam since June 1999.

Editorial contacts