Rosettanet hopes to net 100 more firms
The Star 10 June 2003  

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ROSETTANET Malaysia is hopeful of 100 more companies adopting its e­business transaction platform this year.

Its director K.E. K'ng told reporters yesterday the Small and Medium Industry Development Corp (SMIDEC) was now processing applications by 23 companies for grants to adopt Rosettanet.

"Of these, nine large companies applying for the RM100,000 grant, the remainder - small and medium-size enterprises (SMEs) - for the RM30,000 grant. On top of these applications, we have nine other companies considering whether to apply for the grants to adopt Rosettanet;" he said.

According to K'ng of the 100 com­panies that Rosettanet has targeted to recruit, 25 are large companies, and the others small and medium companies.

K'ng was speaking after the sign­ing of a partnership agreement between Global Electronic Trade Technologies Sdn Bhd (GETT) and ECnet Ltd, and the signing of a Memorandum of Understanding between GETT, ECnet, and Sun Microsystems.

Under the partnership agreement, GETT, a subsidiary of Penang Network Services Sdn Bhd, would manage and operate the hosted Rosettanet e-supply chain manage­ment application services with ECnet.

Director Nizam Mohd Zabdi said GETT, an application services provider, charged RM45,000 a year for a Rosettanet platform subscription.

"The RM30,000 grant from SMIDEC would cover about 70% of the RM45,000," he added.

It usually takes a company at least 18 months to decide whether to adopt Rosettanet. With the grant it is hoped the decision making period would be shortened.