Released on: January 20, 2008, 4:52 am

Press Release Author: Nirmala Dsouza

Industry: Software

Press Release Summary: Modern infrastructure, pro-business government, large talent
pool, and shared cultural affinity combine to make Malaysia the best outsourcing
choice for Arab businesses

Press Release Body: SHARJAH, 20 January, 2008 (Sunday) - Outsourcing Malaysia, the
national organization of Malaysia for the promotion of its outsourcing industries,
is hailing the success of its technology-based MSC companies in winning Middle East
business.

Consisting of over 50 member companies, Outsourcing Malaysia has helped push
Malaysia to become the third most preferred location worldwide for outsourcing, but
Outsourcing Malaysia's top representative at the inaugural Malaysian Services
Exhibition 2008 believes that the country is the top destination for businesses in
the Middle East who are looking to outsource services and processes abroad.

"We have become a centre for high-end consultancy and we've become very successful
in terms of technology and financial services, call centres, logistics, the oil and
gas industry, and human resources. What Outsourcing Malaysia represents is what
companies in the Middle East are looking for today - competitive pricing, competent
delivery, cutting edge outsourcing solutions, and a credible alternative to other
outsourcing hubs," said Jeff Pinkham, CEO, bpofna and member, Outsourcing Malaysia.

Strengthened by its recently signed partnership with MSC Malaysia which seeks to
increase Malaysia's number of world class outsourcing companies, create a
sustainable pool of globally recognised professionals, create tens of thousands of
new jobs and increase revenues from ICT service exports, Outsourcing Malaysia is
looking to target sectors which require best of breed outsourcing solutions.

"Middle East banks, engineering, construction and telecommunications companies have
already discovered what we have to offer, and our partner companies are serving the
top financial institutions in the region, in investment banking and Islamic Banking
sector where Malaysia has led for a long time. We want to highlight our capabilities
in other areas as well, where we can deliver solutions to a range of industries,"
added Pinkham.

Malaysia was ranked the 3rd most attractive investment destination by AT Kearney and
McKinsey in 2005, and five Malaysian outsourcing companies made it onto the Global
Services 100 list, a capabilities-driven assessment of IT and IT enabled service
providers globally. "We have achieved globally recognized success in the past five
years. The shared services and outsourcing (SSO) industry is a key segment of the
ICT industry which is represented by PIKOM .,the ICT industry of Malaysia . SSO is
expected to grow by another 30% in 2008 .and will continue to be an attractive
outsourcing destination globally," said David Wong , Chairman of PIKOM and
Outsourcing Malaysia .

The global worldwide SSO market is expected to grow at a compound annual growth rate
of 15 per cent over the next few years, reaching USD 1.43 trillion by 2009 as
compared to USD 930 billion in 2006. ICT services such as SSO contributed RM2.8
billion to the nation's Gross Domestic Product of RM495.6 billion.

About MSC Malaysia (www.msc.com.my)
MSC Malaysia is a national initiative spearheaded by the Malaysian Government to
promote both the national ICT industry and provide a test-bed for the global ICT
industry. MSC Malaysia provides a conducive enabling environment designed to
facilitate companies to harness the full potential of ICT and multimedia
technologies. With its ideal business environment coupled with the availability of
talent resources, the MSC Malaysia has attracted participation from major global
ICT companies to develop and host their leading-edge technologies in the designated
MSC Malaysia Cybercities. MSC Malaysia also provides the ideal growth environment
for Malaysian ICT SMEs to transform themselves into world-class companies.

Come explore the unlimited opportunities of the ICT world by locating in MSC
Malaysia and be part of our global network of businesses and connected communities.


About Multimedia Development Corporation (MDeC)
Multimedia Development Corporation (MDeC) is a unique high powered government-owned
corporation, established to facilitate the development and promotion of MSC
Malaysia, the premier Malaysian ICT initiative. MDeC is tasked to advise the
Malaysian Government on ICT legislation and policies, develop MSC Malaysia as a key
growth driver of the economy and set breakthrough standards for ICT and multimedia
operations. MDeC also promotes MSC Malaysia locally and globally, as well as
supports companies which are located within the MSC Malaysia designated areas.

MDeC works closely with various parties and government agencies to ensure that MSC
Malaysia offers a conducive enabling environment for companies to harness the full
potential of ICT and multimedia technologies.


Web Site: http://www.msc.com.my

Contact Details: Nirmala D\'souza
PR Consultant
OAK Consulting FZC
+971507343840