City Information Services Limited

Prestigious new office in Singapore marks further international expansion for CityIS, a Viju Group company

Press Release   •   Oct 08, 2010 00:20 SGT

City Information Services Pte, Ltd. (CityIS, Pte), the global video communications company, has expanded their operations in Singapore. The expansion is marked by the opening of CityIS' corporate office at Keppel Towers, located in Tanjong Pagar Singapore District.

As Singapore continues to see strong market growth, it is a great location for CityIS to better serve their existing customers. The move into a new larger space will provide CityIS with the opportunity to add personnel in sales, finance, engineering and technical support to maintain a growing pipeline of new business.

When asked about the recent expansion, Michael See, General Manager said: "2010 have been an exciting year for CityIS; we are thrilled about the new opportunities that come from joining forces with Viju Group." He continues, "Regarding future growth plans, we're committed to further expansion and know that Singapore has tremendous growth potential, we look forward to developing new relationships in this region."

The APAC video conferencing endpoints market is expected to see strong growth with revenues rising at a compound annual growth rate (CAGR) of 13.6% till 2016. Revenues are estimated to reach $367.5m in 2010, while shipments are projected to grow by 14.1% to reach 108,434 units by end of 2010, according to a recent report from Frost & Sullivan.

In other expansion news, Viju in Oslo has moved to a new office at the technology park sited on the former Oslo Airport. The grand opening of their state-of-the-art Solution Centre will take place on Thursday 2 September 2010. The stunning location is IT Fornebu, Portal Building.

Notes
Singapore office details:
10 Hoe Chiang Road, #07-04 Keppel Towers, Singapore 089315
T: +65 6872 9300 E: singapore@cityis.com.sg

About CityIS

CityIS assist organisations achieve true business transformation by improving operational efficiencies and realising competitive advantage through global video communications. The company delivers a unified communications platform, changing the way organisations communicate and interact.

CityIS is now a Viju Group company. Together, they are setting the standard for video conferencing, telepresence, audio visual integration and collaboration & visualisation solutions.

Corporate offices are located in London, Manchester, Edinburgh, Aberdeen, Amsterdam, New York, New Jersey and Singapore. Their global reach is supported by local engineers and extends beyond 90 countries worldwide with a global alliance partner network.

www.cityis.com

About Viju AS

Viju AS is a leading supplier of collaboration, communication and visualisation solutions for the oil industry and other sectors including public sector, health, education, banking, finance and media.

Advanced visualisation solutions for control rooms, production rooms and collaboration rooms are vital to 'Integrated Operations' and 'Smart Fields/E-fields' within the oil industry, where Viju has a particularly strong market position. As part of this business Viju has developed telemedicine solutions, combining modern videoconferencing with digital medical equipment that is currently covering 5.000 workers on 34 platforms in the North Sea.

Viju's offices are located in all the largest cities in Norway and Sweden, but have followed their international customers and undertook installations throughout the world.

www.viju.no

Viju Group has over 200 employees. Their majority owner is the Norwegian PE Fund, Progressus AS.

Name: Jennifer Turnbull, Marketing
Address: 10 Hoe Chiang Road, #07-04 Keppel Towers, Singapore 089315
Phone: +65 6872 9300
Email: marketing@cityis.co.uk