Singapore IT-service provider upbeat on China, Cambodia, Malaysia

By DPA Feb 12, 2007, 3:03 GMT

Singapore - Resolvo Systems, a Singapore information technology-service provider, is bullish about its three new operations in China, Cambodia and Malaysia, an executive said in a report published Monday.

'Revenues from our overseas operations are expected to help grow our overall revenue by some 70 per cent for fiscal year 2007,' co-founder Yap Boon Leong told The Business Times.

While declining to disclose exact figures, he said revenue last year was in the millions.

'By 2008, we expect revenue outside of Singapore to surpass that of revenue from Singapore,' Yap was quoted as saying. 'As part of our regional strategy, this year, we are going to look at the markets of Thailand, Vietnam and Indonesia.'

Resolvo's main areas of focus are virtual desktops, open-source infrastructure solutions, identity-management solutions and enterprise solutions.

Its operations in Cambodia also handle research and development. 'Cambodia is a highly underrated country, often overshadowed by its neighbour Vietnam,' Yap said.

He praised the drive and aptitude of the company's Cambodian staff.

Resolvo was founded in April 2000 by Yap and his partner, Wong On Yee.