iVEST Wins D'ucoty Awards Again

24th July 2006 - iVEST™ today proudly announced that it has received the D'UCOTY Awards 2006 for its "Market Leadership in Government, South East Asia". This award of excellence is given based on iVEST leadership in assisting the Government in deploying various applications where security and trust were paramount. This award is the second received after last year's award where iVEST won in the "Technology Leadership, Network Security" category.

The D'UCOTY (The Ultimate Card Of The Year) Awards 2006 were established by CardsNow!Asia and CardEX Asia to recognize outstanding industry excellence and achievements in the smart card industry in South East Asia. The competition was open to numerous smart card and related companies who have a business presence in South East Asia. In order to be part of the selection process, each competitor needed to show successful "market leadership" in the Banking & Finance, Telecommunications or Government markets in South East Asia.

iVEST™ e-security solutions are based on the iVEST™ Secure Transactions Platform whereby users can connect and talk to various communities - eGovernment, MyKad PKI and iVEST™ Corporate - seamlessly on the same secure platform. This provides convenience to users and protects an organisation's investment in the platform.

"iVEST™ is honoured to receive the D'UCOTY Award again, as it proves our commitment to make iVEST™ Secure Transactions Platform the trusted platform for secure online communications and transactions for e-Business and e-Government in Malaysia," says Ms. Lee Hooi Teck, iVEST Director. "We are known for our innovative online security offerings for the creation of identity and trust for both individuals and enterprises. As to-date we have over 40,000 eGovernment users and has managed to make e-Government transactions much more secure and trustworthy, and legally binding too".