Singapore, March 23, 2006

It is the latest in the series of awards which eSys has won in the recent past. eSys Technologies has been named ENTERPRISE OF THE YEAR – SINGAPORE, 2005. This was announced in Singapore on 22 March 2006.

After winning the award Mr. Vikas Goel, Chairman and Group Managing Director, eSys said,”This is a prestigious award and acts as a compass to tell that the path we took five years ago when we started the business was the right one. Today eSys is a transnational Technology company with more than 112 offices in 33 countries with 2 billion turnover”

The Singapore Business Awards are jointly organised by The Business Times, a business daily published by Singapore Press Holdings, and DHL Worldwide Express, a leading international air express company.
The awards were launched in 1985, starting with the Businessman of the Year Award. The following year, the Enterprise Award was introduced to give recognition to small and medium-sized companies. These awards have since grown in stature to become the nation's most prestigious business accolades.

This award follows closely after Mr. Vikas Goel was adjudged “Ernst & Young Entrepreneur of the Year - Singapore 2005” on 9 March 2006. He was also adjudged winner in the “Emerging Entrepreneur of the Year” Category. As Entrepreneur of the Year 2005 he will represent Singapore for "Worldwide Entrepreneur of the Year Awards" in Monte Carlo in Monaco in June 2006 in which winner will be chosen from 40 award winning entrepreneurs from different countries.

Ernst & Young Entrepreneur of the year awards are touted as Oscars of the business world. The award honors entrepreneurs whose ingenuity, hard work and perseverance have created and sustained successful, growing business ventures. Founded in a small-Midwestern US city in 1986, the award has grown to become the only worldwide award event of its kind.

To draw a few parallels and put things in perspective - Michael Dell of Dell Computers, Jeff Bezos of Amazon, Pierre Omidyar of eBay and Sergey Brin & Larry Page of Google were recipients of the world award in the past. Infosys Chief Mentor N R Narayanamurthy and Sunil Bharti Mittal of Bharti group of India have been the past recipients of this award in India.

In his acceptance speech Mr Goel said, "An exceptional entrepreneur is able to identify a threat which nobody wants to touch and convert it into an opportunity. Secondly, the successful entrepreneur is a person who looks at a business opportunity and is not self-obsessed by his own beliefs and passions"

Mr Vikas Goel had started eSys Technologies in 2000 in Singapore as Technology Distribution company. Today it is a USD 2 Billion Transnational with 112 offices in 33 countries. With global leadership position in Hard Disk Drive Distribution and other Technology products, eSys has successfully diversified into PC Manufacturing and IT&BPO Services.

eSys has followed an innovative and efficient approach for its PC business by setting up plants next to its Regional Logistics hubs for Technology Components Distribution business. This brings in synergies and helps bring cost of manufacturing PC considerably down. Currently eSys has four such state of the art, software controlled facilities in Singapore, Dubai, Los Angeles and New Delhi.

After completing his MBA in India, Mr Goel came to Singapore to work for a distribution company in 1996. He worked hard and kept on moving up the ladder in professional world and worked in companies like Fujitsu before founding eSys.

When asked what does work mean to him, his answer is simple but powerful, “It’s about making your business your passion, rather than making your passion your business”

On eSys business model and efficiency Mr Goel said, “eSys is a company with strong fundamentals. We have brick-and-mortar business on ground. [The] worldwide web of eSys business offices and warehouses is a testimony to that. Physical business is supported by a robust, cost-effective business platform consisting of innovative IT infrastructure and efficient process management model. One of the strong reasons for our sustainability is efficiency. Our business platform is 500 per cent more efficient than [that of] our competitors.”

About eSys Technologies
eSys is a Transnational with 112+ offices in more than 33 countries. With revenue turnover of US$ 2 Billion it is among the fastest growing IT companies in the world today. eSys has three business verticals – Technology Distribution, PC Business and IT & BPO Services.

Technology Distribution
eSys was started in 2000 in Singapore, and today it is among top 10 IT Distributors in the world. eSys Technologies employs a knowledgeable sales team and has extensive local stocks to distribute state of the art products from Seagate, Maxtor and Western Digital. It is No 1 HDD Distributor in the world with 24% market share of desktop disk drives. eSys is also the largest Distributor of Hynix Memory Chips in Asia and Europe and number one distributor of Intel CPU’s in South Asia and Latin America. eSys offers a complete range of IT Components including hard drives, memory, CPU’s, motherboards, Optical Storage Units, Floppy Disk Drives, Monitors, Casing, Mouse, Networking components and various other peripheral devices. It also markets its own portfolio of IT accessories under the eCube brand.

PC Business
Leveraging on its sourcing efficiencies in Technology component distribution, eSys has successfully diversified into PC Manufacturing with four assembly plants in Singapore, Dubai, New Delhi and Los Angeles. eSys offers its PC Manufacturing services to top MNC brands worldwide as OEM/ODM. eSys Banded PC’s are available in leading retail stores and e-tailers worldwide. Also eSys has special White Box offerings for System Integrators.

IT & BPO Services
eSys has set up its worldwide back office operations in cost-effective but highly skilled IT Pools, thus improving radically the profit-cost ratios. eSys passes on both these advantages to its customers in the form of highly competitive pricing of the products. Also, it offers IT & BPO services to customers worldwide.

For more information please visit our website: www.esysglobal.com
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