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November 10, 1999

Federal Express Establishes Asia Pacific Data Centre In Singapore

Part of efforts to contribute to development of Singapore as premier info-communications hub

SINGAPORE, November 10, 1999 -- Federal Express Corp. (FedEx), the world's largest transportation company, today intensified its push into Asia with the official opening of its first Asia Pacific Data Centre.

The Data Centre was launched at FedEx's Techlink office by the Chairman of Singapore's Economic Development Board, Mr. Philip Yeo, at a special ceremony officiated by Mr David Cunningham, FedEx's president for Asia Pacific.

One of several giant data centres that have been established by FedEx around the world, the Singapore Data Centre will be the hub for the company's IT services and operations across Asia.

"The extremely powerful and highly advanced client-server system that FedEx has established through its Asia Pacific Data Centre in Singapore will provide the vital processing power that is needed to serve the entire region, " said Mr. Cunningham. "This Data Center allows us to think globally and act locally, focusing on regional needs and capitalizing on corporate resources. In essence, this network speeds delivery of our core applications to international regions, and allows us to scale applications to meet customer demands and needs".

"We are dedicated to developing this market and providing outstanding value to our customers by delivering world-class express transportation based on advanced technology and unsurpassed customer service", continued Mr. Cunningham.

Mr Philip Yeo, said, "The FedEx Data Centre is a strong testimony to the I.T. capabilities that Singapore has put in place. FedEx's regional express and logistics activities will also be strengthened as its e-commerce development team based in Singapore will continue to develop new IT solutions. To attract even more of such e-commerce activities into Singapore, EDB is working with the Nanyang Polytechnic to offer a new E-Commerce Specialist Manpower Programme".

The Asia Pacific Data Centre reinforces FedEx's commitment to Singapore and is in line with the Republic's goal to be a premier info-communications and transport hub. In all, six Data Centres will be added to the current FedEx technological network. This will allow faster access and quicker response time, which will serve as a competitive advantage for FedEx in addressing customers' needs, both internally and externally.

Included in the strategic applications software supported by the 120 staff at the 36,000 square feet Data and IT Centre are internal applications such as customs clearance, customer service and invoicing, as well as customer software products, advanced automation, e-commerce and internet applications.

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