IDA: FINALISTS FOR THE CATEGORY OF MOST INNOVATIVE PRODUCT/SERVICE ANNOUNCED In the category of Most Innovative Infocomm Product / Service, there are 8 finalists deemed to have demonstrated this spirit of innovation. An extract from IDA Press Release – March 7, 2002 GridNode’s GridTalk is an XML-based, Peer-to-Peer (P2P) business framework that integrates inter-enterprise data communication and business applications over the Internet. Developed on a distributed architecture, the GridTalk software enables enterprises in a business supply chain to exchange business documents, automate workflows and synchronize shared data directly with business partners. Conducted over the Internet in real-time, it is reliable and efficient. Developed entirely in Java, GridTalk runs off any PC, notebook, or servers with Internet access. Designed with comprehensive business process flow control, security features and business audit functions, GridTalk can work on an existing Internet network infrastructure. It enhances the capabilities of existing enterprise information systems, such as the Enterprise Resource Planning (ERP), Supply Chain Management (SCM), and Customer Relationship Management (CRM). GridTalk complies with the latest industry standards for e-business, such as XML, Java, and RosettaNet. Headquartered in Singapore, GridNode is a software development company focused on providing a suite of businessware for extended enterprise management. It has offices in Taiwan and the US. Its key clients include Seagate Technology International, Fritz Logistics (A UPS Company), Yageo Corporation, Yosun Industrial Group, Phycomp and CTW Logistics Corporation. # # # About the National Infocomm Awards The National Infocomm Awards is the highest industry accolade for Infocomm innovation in Singapore. Jointly organised by the IDA, ec.Think and CommerceNet Singapore, the Awards aims to provide a platform for promoting and recognising the innovative development and adoption of infocomm technologies by companies based in Singapore. The Award winners will be the ambassadors for Singapore in the global Infocomm arena and their brand names synonymous with outstanding Singapore Infocomm companies. Of the original 347 nominations received, 229 were for Most Innovative Infocomm Product/Service and 118 were for Most Innovative Use of Infocomm Technology. About the IDA The Infocomm Development Authority of Singapore (IDA) is a dynamic organisation with an integrated perspective to developing, promoting and regulating info-communications in Singapore. In the fast-changing and converging spheres of telecommunications, information and media technologies, IDA will be the catalyst for change and growth in Singapore's evolution into a vibrant global info-communications technology centre. For more information, please visit www.ida.gov.sg. For more information: Lee Kiew Puan GridNode Pte Ltd +65 6 848 5848 kiew.puan.lee@gridnode.com