C&T secures new contract from Hai Tong Securities to implement a sophisticated disaster recovery centre project
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Source: Computer And Technologies Holdings Limited
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Date: Thursday, 19 August 2004
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Contact Person: Ms Alice Cheng
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Email: alice_cheng@ctil.com
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Web Site: www.ctil.com
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Hong Kong, 19th August, 2004 - Leading locally-listed information technology (ˇ§ITˇ¨) services company Computer And Technologies Holdings Limited ("C&T Holdings", SEHK: 0046), through its subsidiary Computer And Technologies Integration Limited ("C&T") has reinforced its leading position in serving the financial service industry by winning a new contract again from Hai Tong Securities Co., Ltd. (ˇ§Hai Tongˇ¨) to provide infrastructure solution for the construction of a disaster recovery centre project. The strengthened information infrastructure would further improve the business continuity for Hai Tong to provide consistently high and uninterrupted customer services to its clients and maintain its superior position in competitive securities market. The contract, worth close to RMB 8.5 million, is targeted for completion by end of October 2004.
Hai Tong was established in 1998 as one of the first securities firms in China. With registered capital grown to RMB8.734 billion, Hai Tong is now regarded as one of the largest and foremost full-service securities firms in China.
Disaster recovery centre has recently been becoming a crucial part of the business continuity plan of large enterprises. Such an infrastructure typically provides full redundancy to existing information infrastructure of an enterprise, thus eventually make its corporate IT systems available continuously even after occurrence of natural disastrous or serious accidental events such as flood, storm, earthquake and power failure etc.
C&T has a proven track record in implementing large-scale disaster recovery centres for large enterprises in China. The most recent related customer wins include Shanghai E&P International and Shenyin & Wanguo Securities Co., Ltd. Such valuable experience and unparalleled technical expertise have enabled C&T to plan thoroughly for Hai Tong not only in terms of technology but also in their business requirement including security consideration.
Under terms of the contract, C&T will deploy the most advanced Cisco ONS15540 ESPX Gigabit Ethernet Transponder Module which supports the art-of-the-art Dense Wavelength Division Multiplexing (DWDM) technology, Cisco Catalyst 6500 high-end switches with Firewall Services Module as well as advance Checkpoint firewall solutions to address Hai Tongˇ¦s immediate needs for a reliable, scalable and secured disaster recovery infrastructure solution.
ˇ§We are very pleased to be awarded this prestigious contract again from a leader in the financial service sector. Continuously capturing contracts from loyal customers to build critical information infrastructure have showcased our ability in delivering them competitive and high quality solutions and services. We are optimistic that C&T will continue to play an important role in network infrastructure build out going forward.ˇ¨ Said Mr. CS Ng, Chairman and CEO of C&T Holdings.
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About C&T Holdings
Computer And Technologies Holdings Limited ("C&T Holdings" or the "Group") is one of the leading IT service providers in the region involved in the design, delivery and operation of total IT solutions that meet customers' business requirements. The Group has built its business for more than a decade on a vision to deliver competitive advantages for enterprises and government organizations to progress by optimizing their information systems efficiency.
C&T has been publicly listed on the main board of the Stock Exchange of Hong Kong (Stock Code: SEHK 0046) since 1998. C&T's shareholders include the founder of the Group, Hutchison Whampoa Limited as well as other institutional and individual investors.
Founded in 1991, the Group's headquarters are based in Hong Kong with regional operations throughout Asia. Offices as well as support and development centers have also been established in major commercial regions of China such as Beijing, Shanghai, Nanjing and Shenzhen.
C&T has a long-standing track record in delivering world-class innovative projects and implementing large-scale mission-critical IT solutions. Distinguished examples are the Automated Securities Trading System for the Shanghai Stock Exchange, the world's first Electronic Tendering System and the awards-winning Electronic Service Delivery project for the Hong Kong SAR Government. Building on its successful track records, the Group has expanded into an all round IT service provider with a synergetic portfolio of subsidiaries offering a broad range of high quality IT services and solutions.
Partnering with a collection of world-class companies, C&T employs about 400 employees and has revenue more than US$46 million in 2003.
For more information, please visit our website at www.ctil.com or www.hk46.com.
For enquiries, please contact:
Miss Alice Cheng (C&T Holdings)
Tel : (852) 2503 8238
Fax : (852) 2564 1042
Email: alice_cheng@ctil.com
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