SiS acquired business of Synergy Technologies (Asia) Limited in Hong Kong

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SiS International Holdings Limited

Press Release (For immediate release)

 



SiS (STOCK CODE: 529) ACQUIRED BUSINESS OF SYNERGY
TECHNOLOGIES (ASIA) LIMITED IN HONG KONG

25 July 2011 – (Hong Kong, Singapore) SiS International Holdings Limited (SEHK: 00529) A leading IT and mobile phone distributor in Asia announced today that it has completed the acquisition of businesses of Synergy Technologies (Asia) Limited (Synergy) in Hong Kong.

 

Synergy Technologies (Asia) Limited, founded in 1991 focus on mobile products and solutions distribution in Hong Kong and the PRC. Synergy is amongst the first distributors of US Robotics and Megahertz communication equipment in HK since 1994 and was also the first distributor of Palm PDA in Asia Pacific.

 

“The completion of the Synergy acquisition marks another strategic investment and expansion of SiS in the growing market for smart mobility product in the region.” said Mr. KH Lim, CEO of SiS International Holdings Limited. SiS is pioneer in the distribution of smart phone products since 2002 and is one of the largest distributors of mobile products in Asia, operating through a strong network of resellers, retailers and mobile operators; representing many of the world's most renowned manufacturers. Mr. Lim further stated “this is another step forward continuing our leadership position for smart phone product distribution in the region;”

 

“By leveraging on this acquisition, SiS will further expand its mobile phone and mobility products distribution business with a wider range of products. Synergy has distribution rights for various world-famous brands of mobile products including Acer, Doro, Huawei, Samsung, Sling Media, Sybase iAnywhere, Symantec, Tonino Lamborghini; We believe that this acquisition will enhanced our partnerships with resellers and mobile operators with a more extensive range of mobile products; expand our market share in existing markets while we continue to explore new investment opportunities.” said Mr. Lim.

 

 

(ABOUT SiS INTERNATIONAL HOLDINGS LIMITED (SiS)
(Stock code: 529)

Founded in 1983, SiS is listed on the main board of the Stock Exchange of Hong Kong in 1992. SiS is one of the largest distributors for IT & mobile phones products in Asia. Headquartered in Hong Kong with distribution channels in Hong Kong, Singapore, Malaysia, Thailand, Indonesia, Philippines… SiS market its products through a vast network of IT resellers, retailers, mobile phone resellers and mobile operators. SiS, having one of the largest reseller networks, offers manufacturers an immediate sales and support channel into Asia. SiS is a pioneer in the distribution for Software, network, smart phones products and has worked with many companies in building up its branding and reseller channel in Asia. SiS has earned its reputation as the Preferred Distributor by many of the world's renowned manufacturers including HP, IBM, Lenovo, RIM Blackberry, HTC, Apple, Asus, Microsoft, Linksys, Dlink… For more information, see www.sisinternational.com.hk

 

 


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