HONG KONG SAR, PRC - Aug 10, 2005, Hong Kong - Bloombase Technologies announced today to open a new research and development center in Science Park, Hong Kong SAR.

The center will focus on several main areas: high-speed hardware cryptographic technologies, high-performance storage cryptography processing, low-cost encryption consumer products, international and location issues.

The move is part of Bloombase's increased investment in China. Hong Kong as the open-window of China Mainland to the world and with vast supply of product engineers in the region, Bloombase's new R&D center will help to tailor their product line better suiting the industry and provide better technical support and services to the Asia Pacific region around the clock.

About Hong Kong Science and Technology Park Corporation

Inaugurated on 7 May 2001 as a statutory body set up by the Government of the Hong Kong Special Administrative Region, the Hong Kong Science and Technology Parks Corporation (HKSTP) is leading the transformation of Hong Kong into Asia's hub for technology innovation in the focused clusters (Electronics, Biotechnology, Precision Engineering , and IT & Telecommunications). HKSTP offers a comprehensive range of services to cater for the needs of industry at various stages, ranging from offering a series of management and technical support programmes through industry and university collaboration; nurturing technology start-ups through the Incu-Tech programme support at a Tech Centre; providing advanced facilities and support services in the 22-hectare state-of-the-art Hong Kong Science Park for applied R&D activities; providing land and premises in the three Industrial Estates totaling 239 hectare for hi-tech manufacturing. Advanced facilities and support services available for high technology companies include an IC Design/ Development Support Centre and a Photonics Development Support Centre for its tenants and incubatees as well as access to the best scientific and business minds that Hong Kong, China and the world have to offer. For more information, please refer to http://www.hkstp.org

About Bloombase Technologies

Bloombase Technologies formulated a vision for next generation enterprise application integration and electronic data interchange to secure and accelerate information exchange. This vision brings together distributed and heterogeneous systems with seamless connectivity and empowers enterprise applications and systems with security by use of state-of-the-art cryptographic, service-oriented architecture and network technologies.

Media Contact:

Sharon Kwok
Bloombase Technologies
Website: http://bloombase.com
Tel: (852) 28628096
Email: sharon.kwok@bloombase.com

Bloombase is a trademark of Bloombase Technologies and may be registered in certain jurisdictions. All other product and company names mentioned are the property of their respective owners and are mentioned for identification purposes only.



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