MLABS Systems Bhd
, in collaboration with Sarawak Information Systems Sdn Bhd (SAINS), has launched a video conferencing service over broadband in Sarawak.
Mesdaq-listed Mlabs would provide its Multimedia Conferencing System (MCS), which would enable users to conduct virtual meetings from their boardrooms or desktops with participants in different locations, the company said in a statement yesterday.
The MCS is a technology developed by Mlabs and pending patent in the United States.
An initial pilot project, estimated at RM1.3mil, is spearheaded by SAINS for implementation in government departments, agencies and corporate customers. It has identified over 300 potential customers for this first phase of implementation.
With this service, according to Mlabs, users can conduct meetings, with three or 500 remote participants, without deterioration of video quality. At the same time, participants at meetings can easily transmit documents during a video conference.
“People in Sarawak are separated by much greater distances than Peninsular Malaysia and have greater requirement for video conferencing,” the company said.
The second phase of the project in Sarawak will be implemented over the next 18 months.
The video and document conferencing market was conservatively estimated to be more than RM10mil at the early stage, the company added.
The company reported sales of RM3.1mil for the first six months ended June 30, and net profit of RM1.6mil.
MLAB : [Stock Watch] [News]
Did you find this article insightful?
