Advanced Manufacturing Online Wins Inaugural Singapore eAwards.

Business Editors, High Tech Writers

SINGAPORE--(BUSINESS WIRE)--Jan. 20, 2000

High tech industry ECommerce solutions leader clinches top honors in eStart-up category for revolutionizing manufacturing ECommerce and for

contribution to nation's eEconomy

Advanced Manufacturing Online Ltd (AMO), global leader in Internet-based ECommerce network solutions for the high tech manufacturing industry, today received one of the prestigious Singapore eAwards, clinching top honours in the eStart-up category. The eAwards are the first of its kind in Singapore to recognize companies that have made significant contributions to the country's eEconomy.

Organized by ec.Think, a private sector ECommerce Think-Tank, and CommerceNet Singapore (CNSG), the eAwards highlight the brightest players in the new economy. Participating companies were evaluated on their ECommerce concept, strategic implementation, innovation, success within target market, and business model viability.

Remarking on AMO's achievement, Associate Professor Toh See Kiat, Chairman of CommerceNet Singapore said, &uot;AMO bears a strong resemblance to companies in Silicon Valley - a start-up with a team that dares to dream. It is ingenious, dynamic, and possesses the skills, tenacity and wit to succeed in the unpredictable world of ECommerce.&uot;

Founded in 1995, AMO is the brainchild of Wong Toon King, Chairman and CEO and Leong Choong Cheng, Co-founder and Vice President of Business Development. Together, they pooled their resources and conceived ECnet(TM), to help manufacturers efficiently manage their supply chains. Since then, AMO has grown from less than ten employees to more than 200 worldwide, including presence in eleven major cities around the globe.

&uot;AMO is indeed honored to be recognized for our part in realizing the tremendous potential of ECommerce for the high tech manufacturing world,&uot; said AMO's CEO Mr. Wong. &uot;I would like to personally thank many of Singapore's councils and associations of their undoubting support. These include, but are not limited to the Economic Development Board, Trade Development Board, Info-communications Development Authority, and the National Science and Technology Board. These groups made it possible to create an environment conducive of techno-preneurial development by providing a myriad of grants, marketing assistance, and business opportunities. We are exceptionally proud of AMO's home grown start-up and will gladly fly the Singapore flag as we expand globally.&uot;

Co-founder Mr. Leong added, &uot;Our success has been made possible through the dedicated and innovative efforts of AMO's creative staff, who are rapidly becoming the recognised leaders in the ECommerce and supply chain industries.&uot;

AMO's ECnet service is an Internet-based solution that addresses the limitations of the traditional supply chain, offering a cost-effective solution that is non-proprietary, mission critical and highly scaleable. ECnet seamlessly links high tech manufacturers with their suppliers, distributors, logistics providers and financial institutions, enabling these manufacturers to conduct procurement, logistics and financial transactions over the Internet.

Currently, more than 50 leading manufacturers such as Apple, AMD, JVC, Matsushita, Motorola, National Semiconductor, NatSteel Electronics, NEC, Siemens Nixdorf, Solectron, TSMC, and over 900 of their dynamic suppliers are using ECnet. By participating in ECnet, these companies are part of a large virtual community, sending out over 100,000 purchase orders each month valued at over $500 million.

To support its customers, AMO has forged partnership arrangements with logistics providers such as DHL and Federal Express and works closely with information technology leaders Deloitte Consulting, Netscape, Oracle, and Sun.

The Singapore eAwards are sponsored by Andersen Consulting, Cisco Systems, Federal Express, Fuji Xerox, Hewlett-Packard, Keppel TatLee Bank, Microsoft and supported by the Info-communications Development Authority (IDA) of Singapore.

About AMO

Advanced Manufacturing Online (AMO) is the acknowledged leader in Internet-based supply chain management solutions. AMO delivers a suite of mission critical services that enable and streamline Business-to-Business (B2B) electronic commerce collaboration for the high tech manufacturing supply chain. AMO pioneered the delivery of mission critical ECommerce services with the launch of its ECnet(TM) - The Global Supply Web(SM) as the first active Internet-based Secure Messaging (EDI over the Internet) system in the Asia-Pacific. ECnet provides a neutral platform that delivers Internet Secure Messaging while its ECpart(TM) - The Dynamic Digital Marketplace for High Tech ManufacturersSM is a secure, 24/7, and anonymous Internet-based trading platform.

AMO's community includes the world's top high tech brand name and contract manufacturers and their suppliers. These manufacturers are involved in the production of consumer electronics, computers and PC peripherals, communications products, components and semiconductors. To date, our client list includes more than 50 top manufacturing hubs and 900 supplier spokes.

AMO is headquartered in Redwood Shores, California, with offices in Hong Kong, Japan, Korea, Malaysia, Singapore, Taiwan, and Thailand. AMO is privately held and backed by such premier investors as 3i Group Plc., AsiaTech, Doll Capital, Goldman Sachs, Morgan Stanley, and SilkRoute Ventures. For further information, visit http://www.amoweb.com.