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Webvisions Crosses 12,000 Customer Mark with Leading Global Brands Amongst Customer List

SINGAPORE, 8 June 2001 - Webvisions, the leading hosting provider in Asia, today announced that it has crossed the 12 000th customer mark. The Company has also seen strong brand names like Ascendas, DaimlerChrysler South East Asia Pte Ltd, Fuji Xerox Singapore Pte Ltd, Nestle, Sonymusic,com and Wincor-Nixdorf signing up for its services over the last few months.

"We are seeing strong growth in the B2B services segment and corporate hosting services are on the rise. Given our momentum, we expect to hit 20,000 customers by the end of this year," remarked Roger Lim, CEO of Webvisions. "We're pleased to see the high level of confidence our customers have in us, it is a calear reflection of our winning business strategy that incorporates flexibility and scalability into our suite of premium services."

According to a survey on e-commerce 2000 conducted by the Infocomm Development Authority of Singapore (IDA) and Department of Statistics (DOS), revenue figures for e-commerce in Singapore have grown over the past two years. B2B (Business to Business) e-commerce sales values grew from S$40 billion (US$22 billion) in 1999 to an estimated S$92 billion (US$50.7 billion) in year 2000. This figure is projected to reach S$109 billion (US$60 billion) in 2001.

Webvisions' track record is characterised by strong leadership of the SME hosting market. Lim attributes this growth to the scalability and diversity of its service offerings, which significantly reduce capital expenditure and total cost of ownership. "In today's business field, the constant shift of needs indicates how important flexibility is for any company wanting to garner more mindshare. Businesses have to structure variable components into their product suites to be more competitive. By structuring an easily adaptable system, we grow with our customers," he added.

"Our dedicated server offerings obliterate problems with depreciation and long-term contract anxieties, and these are very real issues to SMEs."

Webvisions recently announced its 30-Days' termination policy on dedicated servers, which offers all Webvisions' customers greater contractual flexibility than the usual 12-month or 18-month contracts offered on the market today. The latter binds customers, and also make it difficult for them to upgrade as their businesses grow.

Some of Webvisions' new customers include:


• Asia's foremost provider of total business space solutions, Ascendas, develops, manages and markets science, business and industrial parks.
  
  
• DaimlerChrysler is one of the world's leading automotive, transportation and services companies. Its passenger car brands include Mercedes-Benz, Chrysler, Jeep, Dodge and smart Commercial Vehicle brands that are produced under the brands of Mercedes-Benz, Chrysler, Jeep, Dodge and Western Star, Setra, Thomas Built Buses, Orion and American LaFrance.
  
  
• A leader in enterprise document and knowledge management solutions, Fuji Xerox provides a suite of software, hardware and services that effectively help businesses to capture, store, retrieve and distribute information, documents and knowledge residing in multi-faceted document forms (paper, digital, video, human mind).
  
  
• The World Food Company Nestle is the only company that is truly dedicated to providing a complete range of food products to meet the needs and tastes of people from around the world, each hour of the day, throughout their entire lives.
  
  
• Sony Music Entertainment (Philippines), a fully-owned subsidiary of the Sony Corporation of America, is linked to all the affiliates of Sony Music worldwide on a network that enables them to access song availability, synchronization rates and secure rights faster than any organizations in the Philippines.
  
  
• Wincor-Nixdorf is one of the leading providers of IT solutions, products and solution-related services for the retail and banking sectors. The enterprise delivers hardware and software solutions to the retail sector for the entire value chain. Wincor-Nixdorf signed up for Webvisions' Dedicated Services in May 2001.

About Webvisions
Webvisions Pte Ltd is a leading Asian provider of premium hosting services for mission-critical Internet businesses. Webvisions hosts over 12,000 businesses internationally and provides a comprehensive range of dedicated web hosting services, such as e-commerce, server co-location, application and database hosting, to its regional and international clientele. Headquartered in Singapore, Webvisions has offices in India and Malaysia, and a strong partner network that spans the Asia-Pacific region. For more information about Webvisions, please visit the company's web site at http://www.webvisions.com.