The following was posted on Raging Bull.
I offer know opinion on this only that this is what
I am hearing that Rdox will be involved in.
I still urge strong caution before buying Rdox until
news is announced and we can all do research on what we
find.
If your going to be in Malaysia...
NOW is the time Cyberjaya "the silicone Valley of Malaysia" premired July 08, 1999. This is the place to be if you are technology linked. I can't tie RDOX to this but, you would be pressed to find a techno company not setting up shop in this cyber community. REDOX has been to Malaysia recently, we are all attempting to discover WHY? Below are two links you can reasearch if you desire maybe you can uncover something I missed.
mdc.com.my (check out company directory)
newsalert.com
The second link requires a subscription so I posted the news below.
FOCUS-Malaysia high-tech zone wins praise
Jump to first matched term
(Adds revenue and investment forecasts for MSC)
By Azhar Sukri
CYBERJAYA, Malaysia, July 8 (Reuters) - Malaysia won praise from foreign executives on Thursday as it inaugurated the core of an ambitious high technology zone it sees as the nation's answer to Silicon Valley and a springboard for growth.
Prime Minister Mahathir Mohamad told executives from leading global information technology firms the government was committed to the success of Cyberjaya -- the nucleus of Malaysia's new Multimedia Super Corridor (MSC).
The MSC is a 15-by-50 km (nine-by-31 mile) zone located 30 km (20 miles) south of the capital Kuala Lumpur and surrounded by oil palm groves.
The government has planned and promoted the MSC as a magnet for world-class technology companies in the hope they will help develop the local information technology sector. It is also a testbed for information technology and multimedia systems.
A total of 228 companies, including 108 Malaysian firms, have joined the MSC. These include Microsoft Corp , British Telecommunications Plc , Intel Corp , Nippon Telegraph and Telephone Corp (NTT) and Reuters Group Plc .
"Any large and pioneering initiative will have its share of detractors and cynics. However, our success to date speaks for itself," Mahathir told chief executives of global high-technology companies, ministers and diplomats.
The businessmen were attending a two-day meeting of the MSC's International Advisory Panel which started on Thursday.
The MSC's developers have dismissed talk foreign investors were leaving the zone due to economic or political uncertainties.
Othman Yeop Abdullah, executive chairman of the Multimedia Development Corp, the operator of the MSC, told reporters the members encouraged Malaysia to be more aggressive in the way it promotes itself to counter adverse publicity.
Othman said the Multimedia Development Corp expects revenue from the MSC to reach 2.9 billion ringgit ($765 million) from 187 companies in operation in 1999 against one billion ringgit from 149 companies in 1998.
He said cumulative investments between 1997 and 1999 were expected to be 2.1 billion ringgit from 228 companies approved to operate in the high-tech zone.
On Thursday Mahathir officially launched Cyberjaya, the heart of the MSC. It includes the headquarters of multimedia industries, the Multimedia University and the Multimedia Development Corporation.
The MSC is also home to Putrajaya, Malaysia's new administrative capital, the Kuala Lumpur International Airport and the Petronas Twin Towers, the world's tallest buildings.
Mahathir, addressing critics who have questioned the viability of the MSC, said the government had provided infrastructure and "cyberlaws" governing use of information technology, and would respond to investors' needs.
Reiner Althoff, chief executive officer of Siemens Electrical Engineering Sdn Bhd, said: "We are here for long term investment because we believe in Malaysia very much and we do expect further growth and we believe in Malaysia as a high-tech platform and knowledge-based industry." ($1 = 3.80 ringgit)
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