Multi-award winning transnational, eSys Technologies Pte Ltd (eSys) today celebrated the official opening of its new office premises in Singapore which house its Global Headquarters and integrated Logistics and PC manufacturing hub. Mr. Raymond Lim, Minister for Transport and the Second Minister for Foreign Affairs, graced the occasion as Guest of Honour. Spread across 150,000 square feet, the state-of-the-art manufacturing facility located at the Changi industrial zone in Singapore is one of the four manufacturing facilities of eSys. Other such manufacturing facilities are located in California (USA), Jebel Ali (UAE) and New Delhi (India). There are two proposed manufacturing facilities, in Amsterdam (Netherlands) and another in North India.

Incorporated in 2000, eSys is one of the fastest growing IT companies in the world with three distinct business verticals - Technology Distribution, PC Business and Business Process and IT Services. With staff strength of more than a 1000 across the globe and 30,000 business customers, eSys, headquartered in Singapore is also the largest hard disk drive distribution company with a global market share of 20 per cent.

All the manufacturing facilities of eSys, including the new one in Singapore, are integrated with its

regional supply chain (warehousing) hubs, enabling it to have lower inventory holding costs and a shorter time to market. eSys' comprehensive facilities offer full range of services including kitting, assembly, software loading and logistics. Currently the manufacturing facility in Singapore has four lines with a production capacity of 1.5 million units per annum expandable to three million units per annum. eSys has developed proprietary software which minimizes human intervention in manufacturing, Testing and Quality control. Many activities including testing and OS Loading are done automatically.

eSys shifted its production base from China to Singapore in 2004 when Mr. Vikas Goel, Chairman and Managing Director of eSys, realized that it would be an economically viable idea. "It was again about thinking out of the box and making your calculations. If you take into perspective all direct and indirect costs, setting the production base in Singapore works out to be at least 40 per cent cheaper for us than being headquartered in China. The common mindset among most

people is that Singapore is expensive and China is cheap. But in this case, utilizing Singapore as a hub for our global manufacturing has proven to be a dramatic cost cutting measure."

Launch of Vikas Goel Foundation

At the official opening ceremony, Mr. Vikas Goel also announced the launch of the Vikas Goel Foundation which will work towards the delivery of education and healthcare benefits to remote and underprivileged societies of the world. Mr Goel has pledged a seed capital of SG $1 million. Over the next three to five years, he will pump in an additional SG $5 million.

Mr. Vikas Goel, commenting on the rationale behind the setting up of the foundation said, "In line with our vision of bridging the digital divide, we have established the Vikas Goel Foundation, which will provide education and healthcare to people in underprivileged societies around the world. The foundation will leverage on our business model based on the concept of Shared Services and Optimized Technology Infrastructure."

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About eSys Technologies

Incorporated in the year 2000, Singapore headquartered eSys Technologies is a US $2 billion Multinational with 114 offices in 35 countries. With global leadership position in the desktop Hard Disk Drive Distribution and other Technology products, eSys has successfully diversified into PC Manufacturing and Business Process & IT Services. eSys has four state of the art, automated PC manufacturing facilities in Singapore, Los Angeles, Dubai and New Delhi, which produce the world's best priced computers.

It has pioneered the concept of TBO (Total Business Off shoring / Outsourcing) in which whole businesses in multiple locations are run from low-cost, high-skilled countries. Currently eSys uses its nerve center in India and Singapore to carry this out.

With more than 1000 employees across the globe and 30,000 business customers, eSys has three business verticals of Technology Distribution, PC Business and Business Process & IT Services.

eSys is among the fastest growing companies in the world across industries and clearly the fastest growing IT Distribution Company globally. eSys has won numerous awards like Best

Enterprise, Best Entrepreneur (for its Chairman), etc, apart from many industry awards, which have over the years validated eSys' performance and success.