Flexcomm and Novatec Signed An Agreement For Technology and Product Line Partnership

Shanghai, July 27th 2005, Flexcomm Technology, China announces a technology agreement and product line partnership with Novatec Corporation, Japan for cross selling products developed by both companies in their respective markets. The MoU agreement was signed in Tokyo, Japan on June 22, 2005 by LL Cheok, President of Flexcomm Technology, and Mr. Ichiro Saji, President and CEO of Novatec.

Under the agreement, Novatec will have the sole distribution rights of Intel® IXP based hardware and software solutions developed by Flexcomm for the Japan markets, and Flexcomm will have the same rights to distribute solutions developed by Novatec for the China markets.

"This MoU agreement with Novatec signifies the formation of strategic partnership to mutually grow our presence and to deliver the right solutions to our customers in the fastest growing markets. We are excited about the growing opportunities in the Networking and Digital home segments, and by combining the strengths and unique capabilities of Novatec. and Flexcomm, we can deliver better and faster value add products and services to our customers in this region, as well as other regions.", stated L.L. Cheok, President of Flexcomm Technology.

The MoU agreement enables both Flexcomm and Novatec to collaborate, develop and deliver shorter time to market and cost effective solutions to customers, focusing on Networking, Multimedia, and Digital Home markets based on Intel® IXP Network Processors and Intel® Xscale® technology.

(Photo: Left: Flexcomm President, Lay Leng Cheok, Right: Novatec President and CEO, Ichiro Saji)


About Flexcomm Technology Ltd.
Flexcomm Technology Ltd is a fast growing provider of reference platforms, platform derivatives, and complete custom product solutions based on Intel® Network Processors and Intel® XScale® technology. Founded in 2004, Flexcomm Technology, from a hardware provider is gearing up into full design and production manufacturing services enabling customers get their Intel-based products to market quickly and with low risk. For the past years, Flexcomm has delivered reference platform solutions based on Intel® Xscale® technology and Intel® IXP Network Processor products for the PXA 2xx, IXP12xx, IXP23xx, IXP24xx, IXP28xx and IXP42x series. Flexcomm is focus on reference platform and system solutions for the Networking, Multimedia Gateway, Wireless Media Gateway, VoIP and Digital Home market segments. Headquartered in Shanghai, China, Flexcomm Technology is a member of Dragon Communication & Technology Group and, is an Affiliate Member of the Intel Communications Alliance.

Company website:www.flexcomm.com.cn

About Novatec Corporation
Novatec Corporation has been recognized of its technical skills from Intel Corporation and has been officially certified as the first technical representative in Japan in 2002 for Intel's network processor products and Embedded Intel® Architecture products. Novatec Corporation also provides hardware and software application solutions for Intel® IXP425 Network Processor and other products in order to shorten the time-to-market for OEM manufacturers.

Company website: www.novatec.co.jp

Intel, Intel XScale and Intel StrataFlash are registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries

* Intel and Intel XScale are registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries

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