Press Release

PSA’s Portnet.com Invests in iPlanet's E-Commerce Solutions to Value-Create IT Innovations for Customers

iPlanet e-Commerce Solutions, a Sun-Netscape Alliance, today announced that Portnet.com Pte Ltd will invest in e-commerce solutions, provided by iPlanet. The move aims to boost Portnet.com’s e-commerce capabilities to serve its customers even better. The agreement was signed today by Mr Steve Furney-Howe, Vice-President Asia Pacific, iPlanet e-Commerce Solutions and Mr Robert Yap, Managing Director, Portnet.com Pte Ltd.

iPlanet, Portnet.com and SUN Microsystems Inc had earlier signed a Memorandum of Understanding in May this year.

Under this agreement, iPlanet will collaborate with Portnet.com to develop an organisational and architectural model that will drive its new suite of Internet initiatives. iPlanet will also tailor its software, which includes the iPlanet Application Server 6.0, Portal Server, Messaging Server and Directory Server, to support Portnet.com’s system requirements. In addition, iPlanet will serve as a strategic technology partner and consultant to Portnet.com.

Together with leading edge e-integrators Frontline Solutions and ORIGIN, iPlanet's e-commerce solutions will ensure a common, consistent user experience for customers using Portnet.com’s different applications. The solutions would also allow customisation as well as greater scalability and reliability for Portnet.com’s e-commerce infrastructure.

Said Mr Steve Furney-Howe, Vice-President (Asia Pacific), iPlanet, "We are delighted to work with Portnet.com to implement e-commerce solutions that will take its customers' experiences to new heights. Portnet.com is an innovative, forward-thinking leader in the port and shipping IT industry, committed to expanding and extending its port terminal and shipping solutions via the Internet."

Mr Robert Yap, Managing Director, Portnet.com, said, "iPlanet's expertise in Internet-related e-commerce solutions and its ability to move at Net speed are among the many reasons why we choose them to be our technology partner. The collaboration with iPlanet will allow Portnet.com to accelerate the creation of a digital infrastructure that will provide comprehensive port terminal and shipping solutions on the Internet to respond to our customers’ needs even faster, with more flexibility."

"In line with our commitment to harness technology for the benefits of our customers, we are proud to be working with Portnet.com to further its Internet strategy. The development of Portnet.com's e-commerce solutions will enable all parties involved - Portnet.com, iPlanet and Sun Microsystems - to be headliners in the global marketplace," said Mr Lionel Lim, Vice President and Managing Director, Asia South, Sun Microsystems.

About Portnet.com Pte Ltd
Portnet.com is a fully-owned subsidiary of PSA Corporation Ltd which seeks to create more value through e-commerce solutions for the maritime community. It builds on PSA’s expertise in establishing the PORTNET® system as the world’s first and still the only nationwide e-commerce network, which has the participation of the entire shipping and port community that operates through Singapore. Developed in 1984, and improved over the years, the PORTNET® system currently has 6,400 users and 5 million transactions a month. For more details on Portnet.com, visit our website at www.portnet.com.

Sun Microsystems, Inc
Since its inception in 1982, a singular vision "The Network Is The ComputerTM" has propelled Sun Microsystems, Inc. (Nasdaq: SUNW), to its position as a leading provider of industrial-strength hardware, software and services that power the Internet and allow companies worldwide to ".com" their businesses. With US$14 billion in annual revenues, Sun can be found in more than 170 countries and on the World Wide Web at http://sun.com.

About iPlanet E-Commerce Solutions
iPlanet E-Commerce Solutions, a Sun-Netscape Alliance, was established in March 1999 by America Online, Inc. (NYSE: AOL) and Sun Microsystems, Inc. (NASDQ: SUNW) to power the next wave of the net economy through thought leadership, technical innovation, expert services and the creation of exceptional customer satisfaction, The iPlanet Internet Service Deployment Platform is the industry’s leading software environment designed to enable rapid assembly and deployment of scalable Internet services. Based on best-of-breed, open and proven technologies, the platform includes the world’s #1 Messaging, Directory, Web and Application Servers. For more information, consult the iPlanet E-Commerce Solutions Web site at www.iplanet.com or call +65 6337 0988.

About Frontline
Frontline Technologies Holdings Pte Ltd is a leading player in the field of e-Services in Asia-Pacific. Our goal is to enable companies to engage in e-business swiftly and establish competitive advantages in the ever-changing Internet environment through our end-to-end e-Services. From e-Strategy, e-Infrastructure, e-Integration to e-Outsourcing, our extensive spectrum of e-Services ensures that every stage of the client engagement is seamlessly handled from discovery to deployment. Serving numerous notable organizations in the industry and government, Frontline Technologies boasts of a magnificent customer base that spans both local dot.com start-ups to Fortune 500 multinational corporations. Known for our superior level of service quality and excellent business performance, we have been awarded the Enterprise 50 Award and Channels Asia 50 Most Dynamic Companies in Asia in 1999.

About ORIGIN
ORIGIN provides a full spectrum of business and IT solutions for global corporations and other complex extended enterprises through operations in 32 countries. A leader in enterprise outsourcing, ORIGIN employs a staff of over 17,000, of which more than 5,000 are enterprise applications consultants. ORIGIN's unrivaled track record includes expertise in a number of industries including process manufacturing, chemicals and pharmaceuticals, high-tech electronics, oil & gas, and retail. ORIGIN's customers include ICI, Lucent Technologies, Philip Morris, Philips, Procter& Gamble, Shell and Unilever.

ORIGIN was formed in 1996 through a merger between Philips Communications & Processing Services and BSO/ ORIGIN. The company maintains headquarters in the Netherlands, U.S. and Singapore. ORIGIN is a member of the Royal Philips Electronics group of companies. For more information please visit www.origin-it.com.

Sun, Sun Microsystems, the Sun logo, Solaris, Java, Java Card and The Network Is The Computer are all trademarks or registered trademarks of Sun Microsystems, Inc. in the United States and other countries.