MLABS Systems Bhd, en route to a listing on the Mesdaq market of Bursa Malaysia, is looking to broaden the markets for its locally developed Multimedia Conferencing System (MCS) by strengthening its foothold overseas.
Chairman and non-executive director Dr Sureswaran Ramadass said the company, which was targeting for a listing next month, planned to further penetrate its markets in China, United States and Europe.
“With the listing, we will focus on strengthening our presence in larger growth markets such as China, United States and some parts of Europe over the next five years,” he told StarBiz in an interview yesterday.
MCS, which is MLABS System’s flagship software product, is being used in Malaysia, Singapore, Thailand, Philippines, Australia, United States, Japan, the Netherlands, France, India, Libya and many other countries.
Unlike conventional video-conferencing systems that enable only point-to-point or point-to-multipoint link-ups, MCS offers virtually unlimited multipoint to multipoint interactivity for notebook, desktop, boardroom and wireless environments.
The MCS was initially developed by Universiti Sains Malaysia's School of Computer Sciences.
MLABS Systems, a Multimedia Super Corridor (MSC)-status company, started as Multimedia Research Lab Sdn Bhd in 1998, in collaboration with USM.
Among the company’s clients are Multimedia Development Corporation, Malaysia Satellite Services (Measat), Sirim Berhad, Construction Industry Development Board of Malaysia, Malaysia Meterological Services Department and the Penang Government.
Its foreign clients include the City Council of Los Angeles, Singapore's Suntec City Development Pte Ltd, Zurich Capital in New York, Bharti Broadband Services from India, Federal Robotics Institute in Canada, Keio University in Tokyo, Japan and Asia Institute of Technology in Thailand.
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