LUND, Sweden, June 30, 2016 (GLOBE NEWSWIRE) -- Global Warning System's (GWS) subsidiary GWS Production Singapore Private Limited signs a long term partnership agreement with ACASIA Communications Sdn Bhd (ACASIA), a telecommunication company incorporated in Malaysia. ACASIA is a collaboration between 7 leading telecommunication providers in Southeast Asia (SEA) or fondly known as ASEAN, an emerging region with a total population of 630 million and 776 million active mobile connections.
The GWS Safeture is a personal security service for everyone, which provides time critical alerts and information about man-made and natural disasters as well as other threats, directly into one's smartphone through an app that is easily downloaded. ACASIA serves a multitude of verticals within the ASEAN region, ranging from small medium enterprises (SMEs), multinationals, broadcasters, telcos, financial institutions, education sectors and government agencies, with connectivity services and ICT solutions. ACASIA will integrate the Safeture service in its service portfolio under the brand name SOFEA. SOFEA which stands for System Operated For E-Alerts, comprises of SOFEA+ and SOFEA Pro that serve the consumer and enterprise market respectively. ACASIA with its unique shareholding is best poised to serve the ASEAN market and the CEO of GWS, Andreas Rodman, sees important sales potential:
"This contract gives us access to a big market in Southeast Asia, and we believe that ACASIA has a very strong infrastructure and market reach that will help us grow quickly. They will have rebranded versions of our Safeture app integrated in their offer and use their well-established networks to drive sales. This is a major breakthrough for us in the region and confirms that our local presence together in partnership with ACASIA is paying off."
For ACASIA, the agreement is part of the strategy of building a single market and driving growth in the region. CEO Azmal Yahya comments:
"We believe that through ICT, ASEAN will be able to accelerate its vision of becoming a fully integrated region with sound and robust economic roots. To support the ASEAN vision and integration, ACASIA had re-launched itself during the ASEAN SME Showcase and Conference 2015 in Kuala Lumpur thus bringing forth its new business initiatives centered around ICT. The partnership with GWS fits well into our ambition and adds concrete value to our product offering and thereby to our customers, especially in the wake of the ASEAN Community which was officially launched at the end of last year in Kuala Lumpur. The SOFEA+ and SOFEA Pro app will further assist in uniting the ASEAN Community based on the safety and security perspective of its citizens. We truly aim to create a more informed, safe and secured ASEAN Community."
About GWS Production AB and Safeture
GWS, Global Warning System, was founded in 2009, triggered by the experience with a global SARS epidemic, the 2004 Indian Ocean tsunami and the Mumbai terror attacks. The company offers a mobile device based, personal security service Safeture, in order to protect the traveler by real-time tracking and providing valuable real-time information about disasters and other threats that could impact on the traveler. The system consists of a range of services that are delivered via the traveler's mobile phone and is provided to both businesses - Safeture Pro, and to private individuals - Safeture.
The GWS share is listed on NASDAQ First North Stockholm. Sedermera Fondkommission is the Certified Adviser.
About ACASIA Communications Sdn Bhd
Incorporated in 1995 in Kuala Lumpur, Malaysia, ACASIA Communications Sdn Bhd is a unique ASEAN collaboration among 7 leading telecommunications provider in the region, and they are TM from Malaysia, CAT from Thailand, Indosat from Indonesia, PLDT from the Philippines, Singtel from Singapore, Telbru from Brunei and VNPT from Vietnam.
This is an English version of a press release communicated by GWS Production AB. In any case of doubt or possible differences regarding the different versions it is the Swedish version that shall apply.
GWS ACASIA partner agreement http://hugin.info/163710/R/2024142/752166.pdf
Source:GWS Production AB