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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: PCSS who wrote (42936)	1/10/1999 10:54:00 PM
From: Elwood P. Dowd	Respond to of 97611

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To: PCSS who wrote (42936)	1/11/1999 7:27:00 AM
From: Elwood P. Dowd	Read Replies (2) \| Respond to of 97611

Monday January 11, 5:37 am Eastern Time Compaq opens Singapore engineering design centre SINGAPORE, Jan 11 (Reuters) - Compaq Computer Corp (NYSE:CPQ - news) unit CustomSystems Group opened a new engineering design centre in Singapore on Monday. The company said in a statement CustomSystems will design and build specially engineered hardware systems for customers in the Asia Pacific region. ''This strategic new investment will specialise in areas such as smart card technologies, electronic commerce and real time signalling processing applications,'' said Wong Heng Chew, managing director of Compaq Singapore. Rustom Kanga, vice president of Compaq CustomSystems, said the new design centre would begin working on its first electronic commerce project with China's commodities exchange to design a certificate authorisation system. He said the system should make sure documents being sent also arrived at their destinations and came back. Kanga said CustomSystems, with engineering centres in France, Germany, the U.S., Japan and Australia, generated US$1 billion worldwide and the Asia Pacific contributed some 15 percent of the global business.