ECnet AND SATO ASIA PACIFIC SIGNS MOU TO JOINTLY PURSUE BUSINESS OPPORTUNITIES IN SINGAPORE, MALAYSIA, THAILAND AND CHINA

SINGAPORE - April 6, 2005

ECnet Limited, a leading global provider of collaborative supply chain solutions and management services, and SATO Asia Pacific Pte Ltd, a pioneer in the AIDC industry and the inventor of the world's first electronic thermal transfer barcode printer, have signed a Memorandum of Understanding (MOU) to jointly offer the two companies' core solutions and products in the engagement of business opportunities in Singapore, Malaysia, Thailand and China.

This partnership will enable ECnet and SATO Asia Pacific the opportunity to leverage on the strengths and capabilities of both companies, to strengthen the value proposition, for its existing and new business initiatives.

Through ECnet's collaborative supply chain solutions, SATO Asia Pacific can offer its customers the ability to effectively optimize their business processes and provide visibility into their inventory across the entire supply chain.

Similarly, ECnet's customers can benefit from SATO Asia Pacific's wide range of high quality barcode and RFID printers, scanners/hand held terminals, label design software and consumables, even RFID solution.

"The complementary offerings of both ECnet and SATO Asia Pacific further enhance the immense value that we can deliver to our common target verticals in the high-tech, automotive, healthcare, Consumer Packaged Goods (CPG) and logistics industries. We are pleased to collaborate with SATO Asia Pacific on this strategic alliance and to continue the good working relationship we've enjoyed so far. Incidentally, SATO Malaysia Electronics Manufacturing Sdn Bhd has been ECnet's customer since 2000. We look forward to a long and enriching working relationship with SATO Asia Pacific as we embark on this partnership together," said Mr Peter See, CEO, ECnet Limited.

"The collaboration between SATO Asia Pacific and ECnet has created a synergy to provide the best solution for our customers. Ultimately, our customers will benefit most from the collaboration." said Mr Lim Yee, Managing Director, SATO Asia Pacific Pte Ltd.

As part of its go-to-market initiatives, ECnet and SATO Asia Pacific will be showcasing a joint solution featuring SATO's RFID solution and ECnet's collaborative G5 solution at the upcoming RFID World Asia 2005, held on 27-29 April 2005, Suntec Convention Centre Hall 401-402. Visit SATO Asia Pacific's booth located at 4E01.


About SATO

SATO is a pioneer in the Automatic Identification and Data Collection (AIDC) industry, and the inventor of the world's first electronic thermal transfer barcode printer. It revolutionised the barcoding industry by introducing the Data Collection System (DCS) and Labelling concept - a total barcoding and labelling solutions approach providing high quality barcode and RFID printers, scanners/hand held terminals, label design software and consumables.

SATO is a public listed company in Japan and has worldwide offices in United States, Germany, United Kingdom, Poland, Belgium, France, Singapore, Malaysia, Thailand, China and India. SATO stock is traded on first section of Tokyo Stock Exchange. More information can be found at www.sato.co.jp/english.

About ECnet

ECnet is a leading global provider of collaborative supply chain solutions and management services. ECnet provides proven collaborative supply chain solutions and management expertise, a best-of-breed technology platform and a suite of services for organizations that want to rapidly integrate and streamline business processes, while optimising the exchange of information with multiple business partners.

Founded in Singapore in 1995, ECnet's domain expertise in collaborative supply chain solutions spans nine countries and territories in the Asian market. ECnet is privately held and headquartered in Singapore, with presence in US, China, Japan, Malaysia and Thailand. ECnet is a subsidiary of R Systems.




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