CrimsonLogic and IDA International Forge Landmark Partnership to Market GeBIZ Platform

By Crimsonlogic Pte Ltd, PRNE
Sunday, November 28, 2010

SINGAPORE, November 30, 2010 - Leading eGovernment solutions provider, CrimsonLogic, announced today
that it has entered into a partnership with IDA International to distribute
and operate e-procurement systems incorporating the Government eBusiness
procurement (GeBIZ) platform for the global markets. Both companies will
jointly market the new GeBIZ platform globally - IDA International, a
subsidiary of the Info-communications Development Authority of Singapore
(IDA), will be applying its professional and consulting skills to assist
governments to achieve their e-business vision while CrimsonLogic will be
responsible for implementing the requisite technology and solutions.

The new commercialised GeBIZ platform will serve as a one-stop e-business
solution tool that will facilitate trading between organisations and their
local and overseas suppliers, for both government and non-government

With the new e-procurement GeBIZ platform adhering to World Trade
Organisation government procurement policies, public sector organisations
utilising the platform can achieve greater transparency and fairer
competition, ensuring that items purchased are value-for-money.

For non-government agencies and businesses that want to adopt the
government's procurement best practices, the new GeBIZ platform will operate
on a Software-as-a-Service (SaaS) platform, enabling businesses to pay
according to specified preferences.

According to the United Nations E-Government Survey 2010(1), which
reviewed countries globally, 98 percent of countries have government
websites. This presents a huge potential for the adoption of an electronic
government procurement (e-GP) system. An e-GP system will bring about cost
savings from reduced transaction costs. These cost savings are a consequence
of more efficient procurement processes, easier access to markets, increased
competition and reduced supplier costs. In addition, users can transact on
the platform anytime at their convenience, with the e-GP system available

Commenting on the partnership and the global market for the e-GP
platform, Mr Leong Peng Kiong, Chief Executive Officer (CEO), CrimsonLogic
said, "In most countries, the government and the agencies it controls, are
together the biggest purchasers of goods and services of all kinds - ranging
from basic commodities to info-technology services. They need a solution that
ensures fair and transparent transactions for all parties involved. The new
GeBIZ platform is built to address the needs of this fast growing market."

"Partnering with IDA International to market this platform globally is a
logical step that will enable the partnership to leverage on the synergies
and expertise of both organisations. We are excited by the opportunities and
are confident that our existing and potential customers worldwide will be
delighted with the cost savings and transparency the platform will bring to
them," he further added.

The use of e-GP as a key component of eGovernment catalyses the country's
development process by stimulating the economy, modernising the public
sector, and improving government performance while leveling the playing field
for both small and large-scale suppliers of goods and services. Bringing
together governments and private industries in a virtual environment, the
e-GP systems brings about a win-win situation in providing improved
transparency and a huge potential of efficiency gains for both governments
and suppliers. Moreover, the transparency and efficiency in spending
taxpayers' money can contribute to enhancing the image of governments amongst
the public in general.

According to Mr Tan Lark Yang, Director, IDA International, "We are
pleased to have CrimsonLogic as our implementation partner for this
commercial version of GeBiz. We believe that this partnership will provide
public agencies around the world with a complete and proven solution for
public procurement. Whether as a standalone or integrated with CrimsonLogic's
solutions, the new solution will be a compelling offering for governments and
non-government agencies. It will enable them to leverage on technology for
better e-governance and efficiencies through electronic procurement."

(1): United Nations E-Government Survey 2010: Leveraging e-government at
a time of financial and economic crisis

About CrimsonLogic Pte Ltd

CrimsonLogic is a trusted partner to governments. For over 20 years,
CrimsonLogic has worked with governments around the world to find innovative
and sustainable solutions to collaborate more seamlessly with their citizens.
The company has continued to set industry-standards by delivering world-first
eGovernment solutions. CrimsonLogic provides end-to-end services, from
designing to operating these services to drive substantial and lasting
improvements. For more information, visit

    For more information:
    Choo Kwee Siam
    CrimsonLogic Pte Ltd
    Tel: +65-6887-7173
    Mobile: +65-9450-3110

    Cherie Ho
    CrimsonLogic Pte Ltd
    Tel: +65-6887-7175
    Mobile: +65-9479-9424

    Yvette Yeo / Aru Sayed
    Text 100 Public Relations
    Tel: +65-6603-9015

Choo Kwee Siam of CrimsonLogic Pte Ltd, +65-6887-7173 or Mobile +65-9450-3110, kweesiam at ; Cherie Ho of CrimsonLogic Pte Ltd, +65-6887-7175, or Mobile +65-9479-9424, cherieho at ; Yvette Yeo or Aru Sayed of Text 100 Public Relations, +65-6603-9015, crimsonlogic at, for CrimsonLogic Pte Ltd

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