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Surecomp expands in Asia

August 16 2005 – Surecomp, a leading provider of trade finance, factoring and reconciliation solutions for the financial services industry announced today the simultaneous relocation of its Hong Kong and Beijing offices.

Surecomp’s Hong Kong office has moved to the prestigious Hong Kong International Finance Centre (IFC), an integrated commercial development on the waterfront of Hong Kong's Central District. Completed in 1998, the 39-story One International Finance Centre has attracted many global financial institutions as its tenants.

Surecomp’s Beijing office has moved to new state-of-the-art facilities in the exclusive Haidan Hi-Tech district. Surecomp China General Manager, Matthew Chen, said "Surecomp made a substantial investment in the establishment of the Beijing development and regional support center. Our new location will enable the expansion of our development capabilities alongside our growing regional operational and professional services teams."

Speaking in Hong Kong, Raymond Wang, Surecomp’s Vice President, Asia Pacific Region said "The relocation of Surecomp’s Hong Kong office linked with the move by Surecomp’s Beijing-based development and regional support center further demonstrates Surecomp’s long-term commitment to the Asia Pacific Region, and our current and future customers. The moves further strengthen Surecomp’s regional position and demonstrate that we have the products, people and infrastructure on the ground to provide the expertise and support for customers not only in Hong Kong, China and Singapore but throughout the Asia Pacific Region. This infrastructure is fundamental to the continued growth of Surecomp in the region."