Seoul, Korea
POSDATA Co., Ltd. (KOSDAQ:022100) recently opened an office in Kuala Lumpur, Malaysia to prepare for a push into the Mobile WiMAX market in 2008.
The office launched full operations this month and will be used as the SE Asian Regional Hub for the POSDATA Mobile WiMAX sales and engineering teams. The KL based team will also develop local business partnerships and establish a centre of excellence for the support of Mobile WiMAX technologies.
In Singapore, following tough scrutiny by the Infocomm Development Authority (IDA) of Singapore, POSDATA's Mobile WiMAX base stations and terminals were certified in January.
IDA certification is needed to supply telecommunications and other IT equipment throughout Singapore, and means that POSDATA has gained first-mover advantage in the city-states competitive market environment.
Joonil Shin, Senior VP of POSDATA told reporters that, "POSDATA will lead the drive to expand the Mobile WiMAX market in the SE Asian market. We have ambitious plans for Mobile WiMAX in both Malaysia and Singapore, as well as other key countries in SE Asia markets."
About POSDATA Co., Ltd
POSDATA is a total IT solutions provider and a subsidiary of POSCO, the global steel company. Based on its core Mobile WiMAX technologies developed in-house, the company has been providing Mobile WiMAX base stations, ASN-gateways, network management systems, as well as user terminals, to worldwide customers. FLYVO is a brand name for POSDATA's Mobile WiMAX business. For more information, please visit www.flyvo.com.
Source: Business Wire (Business Wire India)