Possible Strategic Investment into i-Sprint
Announcement by ASL dated Dec 12, 2013
For the last 33 months since the acquisition by Automated Systems Limited (ASL), i-Sprint has been growing rapidly in many fronts: business, product offerings and market coverage. We have secured many major wins with leading organizations and financial institutions such as Bank of China (HK), Cathay United Bank, etc. while we continue to expanding our market coverage in China, Japan, Thailand, Taiwan, Hong Kong, Macau, Malaysia. With our expanded R&D facilities in Singapore, Zhuhai China and Beijing China, we have delivered many new innovative security products to address the identity management, versatile authentication, access control and unified single sign-on requirements.
In order to capitalize the fast growing Identity, Credential and Access Management (ICAM) market, i-Sprint proactively delivers innovative product features via our product offerings in Identity Protection, Cloud Protection, Mobile Protection and Data Protection.
The latest announcement issued by our parent company on Dec 12, 2013 regarding a potential strategic investment to be made by an investor in i-Sprint. This has shown the investment community is interested in investing in us due to our market leadership position. This potential capital injection for i-Sprint is to expand our product offerings. i-Sprint’s Management Team welcome this potential strategic investment opportunity. Further announcement(s) will be made by Automated Systems Limited as and when appropriate in accordance with the Listing Rules (as the case may be).
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