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 Unitech in the News


1999

May


Unitech will add resources on research and development
Hong Kong Economic Journal, May 31, 1999

Unitech plans to increase resources for research and development as well as expansion of its business in Asia Pacific, after it has obtained US$3 million capital investment from Walden International Investment Group. Its in-house developed Netplicator caching appliance can speed up user access, and lower telecom costs for enterprises and ISPs. Another development is a web mail system for service providers. It has also partnered with Suntek to provide a multilingual search enhine.


Unitech has obtained US$3 million in venture capital from Walden
News Brief, Computerworld HK, May 13, 1999



US$3m funding for networking start-up
South China Morning Post, Technology Post, May 11, 1999

Unitech, a privately held networking system integrator, has won US$3 million in funding from Walden International Investment Group, one of the three venture capital firms appointed last year to manage the Hong Kong Governments HK$750 million Applied Research Fund FOR IT start - ups.It would USE the funding FOR further expansion outside OF Hong Kong\r\nINTO other Asian markets.


Unitech is awarded investment from Walden
China Computerworld, May 10, 1999



Partnership of Unitech and IBM to provide VPN solutions with IDD capability
Hong Kong Economic Times, May 5, 1999

Unitech and IBM partner to offer cost-effective virtual private network solutions including all the facilities and services to implement VPN. They include VPN router, Internet access equipment, on-site installation and technical support services.


Unitech Networks is awarded US$3 million capital investment from WIIG
Wen Wei Po, May 2, 1999

Unitech announces it obtains US$3 million venture capital from Walden International Investment Group, including several funds managed by WIIG such as the Applied Research Fund from Hong Kong Government. A leading Internet system integration group with coverage throughout Asia Pacific, Unitech will increase its resources on R&D and continue its robust growth with the latest technologies.


Unitech Networks is awarded capital investment
Ming Pao, May 1, 1999




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