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APPOINTMENT OF DIRECTOR
SINGAPORE, September 16, 2004 — Stratech Systems Limited (SGX Mainboard listed) today announced the appointment of Mr. Lim Soon Hock as an Independent Non-Executive Director of the Board of Directors of the Company.
Mr. Lim is a seasoned business leader with over 25 years leadership experience across the software, hardware, telecommunications and engineering sectors and has broad regional experience throughout Asia Pacific and Japan. Mr. Lim has, in his experience, been managing multi-million dollar companies with large work forces, demonstrated his ability to turn businesses around, and instrumental in assisting start-up companies through to public listing.
Senior positions which Mr. Lim has held in the IT and telecommunications industries included Vice President, Managing Director of Compaq Computer Asia Pacific, where he took it to the #1 market position in Asia Pacific in 1994 one year ahead of the corporate goal, President of SITA INC Asia Pacific and General Manager of Digital Equipment Singapore. He has the distinction of being the first Asian appointed to all three senior positions.
Mr. Lim, aged 54, currently sits on the Board of Directors of Health Promotion Board, SISTIC.com Pte Ltd, TPA Strategic Holdings Ltd and companies involved in various types of businesses. He has served and continues to serve in various positions in many civic and statutory organizations, including previously as Chairman of Singapore Institute of Management, Chairman of Institute of High Performance Computing, and a Board Member of Defence Science and Technology Agency, Singapore Science Centre, and presently in others, providing him with a good working knowledge of the education, defence and security as well as healthcare industries, in addition to the airline and air transport industry.
Mr. Lim holds a Bachelor of Engineering (Honours) from the University of Singapore and a post-graduate Diploma of Business Administration from the National University of Singapore. He is a registered Professional Engineer (Singapore); Chartered Engineer (UK); and a Fellow of the Institution of Electrical Engineers (UK) the Institution of Engineers (Singapore) and the Singapore Institute of Directors.
With the board’s core competencies further enhanced by Mr. Lim’s experience and knowledge, the Company is better equipped to charge towards its goal of achieving Strategy 2005 to expand its business and technologies globally under the leadership of its Executive Chairman, Dr. David K.M. Chew.
Following the appointment of Mr. Lim, the Company has six directors on its current Board.
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:
Corporate Communications Division
Tel: +65 6799 6650
Fax: +65 6323 2177