CONTRACT MANUFACTURER HI-P INTERNATIONAL BRINGS VALUE TO ITS CUSTOMERS WITH ROSETTANET-BASED SUPPLY CHAIN

Automates data exchange on GridNode RosettaNet Integration Solution with leading hard disk maker

REDWOOD CITY, CA - December 18, 2003 - GridNode, the leading independent provider of extended enterprise businessware, today announced that it has signed a contract with Hi-P International Limited (“Hi-P” or “the Company”), one of the leading plastics specialists and global providers of integrated contract manufacturing services to provide the GridNode B2B Integration Solution that will be used to automate the supply chain data exchange with a leading hard disk maker.

The GridNode B2B Integration Solution enables the connection of the user’s backend SAP business system directly with its customer’s enterprise systems. The enhanced connectivity will help users bring value to its customers with a streamlined supply network that benefits from real-time access to critical business-related information on product order management and invoice status. By providing end-to-end connectivity, the human data handling has been minimized, resulting in enhanced data integrity and accuracy.

Additionally, the GridNode Integration Solution also supports users’ requirements for RosettaNet-based data exchange formats, which are increasingly being adopted as an industry standard for secure electronic communication between high-tech providers of contract manufacturing services and their customers, suppliers and distribution partners. GridNode’s flexible, standards-based integration solution will also satisfy our customers’ requirements for additional data and transportation formats, as well as customized XML messages.

Commenting on this latest contract, Leong Kah Keong, General Manager of GridNode said: "GridNode is pleased to deliver our customer with a flexible and scalable foundation for improved business operations and a streamlined communication platform with its supply network partners. Our commitment to supporting and implementing RosettaNet-based standards has positioned GridNode as the solution of choice for the high-tech industry."

About Hi-P International
Hi-P is an integrated contract manufacturer providing manufacturing services to customers in the telecommunication, consumer electronics and electrical, data storage, life sciences / medical and automotive industries. The Group has 13 manufacturing plants located across 6 sites in the People’s Republic of China (Shanghai, Chengdu, Qingdao, Tianjing, Xiamen and Suzhou), 2 plants in Singapore and 1 plant in Guadalajara, Mexico. In addition to manufacturing facilities, Hi-P has marketing and engineering support centers in USA and Finland and it has established a strategic alliance with Oechsler AG in Germany. Some of the products manufactured by Hi-P comprise battery-operated toothbrush from Braun/Oral B, hair dryers from Braun, hard disk drives from Maxtor, Toshiba and Hitachi, cameras from Kodak and medical products from Baxtor.

The shares of Hi-P International Limited are quoted on the Singapore Stock Exchange (Stock Code: Hi-P).

About GridNode
ridNode provides businessware for extended enterprise management and Web Services. Using a highly-optimized, distributed architecture for B2B integration and collaboration, GridNode's peer-to-peer (P2P), XML-based product suite enables critical supply chain data to be exchanged, synchronized and analyzed in real-time via the Internet infrastructure, reliably and efficiently. GridNode's software complies with latest industry standards and enhances existing enterprise information systems, such as ERP, SCM and CRM. GridNode also offers a robust, affordable and scalable RosettaNet Basics-compliant solution for enterprises of any size to connect directly to their trading partners. More information about the company and its products can be found at www.gridnode.com.




For more information:

Lee Kiew Puan
GridNode Pte Ltd
+65 6 848 5848
kiew.puan.lee@gridnode.com


For media enquiries on Hi-P International:

Tan Peck Hwa
Asia Business Channels Pte Ltd
Tel: +65 6749.8871 / +65 9843.6886
Email: tphcomms@singnet.com.sg