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FRONTLINE COVER FA 070606 CR2.indd

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16<br />

frontline technologies corporation ltd<br />

annual report 2006<br />

> highlights of the year<br />

APRIL 2005<br />

• Frontline was awarded a multi-million,<br />

multi-year outsourcing contract by<br />

Malaysia National Insurance Berhad<br />

to provide application management<br />

services.<br />

• Fuji Xerox awarded Accel Frontline,<br />

India, a multi-year contract to provide<br />

Technology Outsourcing Services for<br />

its line of fax machines, personal laser<br />

printers and Small Office Home Office<br />

(SOHO) products.<br />

AUGUST 2005<br />

• Accel Frontline tops the “Three Star”<br />

category in DQ-IDC Best Employers<br />

Survey 2005.<br />

SEPTEMBER 2005<br />

• Accel Frontline ranks No.4 in the DQCI<br />

Silver Club (2005) list of Top Solution<br />

Providers in India.<br />

• Mr Chan Yeng Kit, Chief Executive Officer<br />

of the Infocomm Development Authority<br />

(IDA) of Singapore, visited Frontline to<br />

discuss future possible collaborations.<br />

OCTOBER 2005<br />

• The Group increased its stake in IT Holdings,<br />

Inc. in the Philippines from 49% to 100%. IT<br />

Holdings, Inc. owns 51% of Sun Microsystems<br />

Philippines Inc., and it has been renamed to<br />

Frontline Technologies Philippines.<br />

NOVEMBER 2005<br />

• Singapore Reinsurance awarded an outsourcing<br />

contract to Frontline to administer and develop<br />

its IT infrastructure and applications as well as<br />

to provide helpdesk support. The outsourcing<br />

deal is part of an overall strategic alliance<br />

between the two companies to jointly develop,<br />

market and deploy web-based IT systems for<br />

the insurance industry.<br />

• The Group announced an increase of 20.0%<br />

to S$2.5 million in its net profit for the first<br />

six months of FY2006, propelled mainly by<br />

an increasingly stronger contribution from IT<br />

services and robust growth in China and India.<br />

• Launch of Mocha Business Service Management<br />

(Mocha BSM) V4.0 and Mocha Mobile OA WAP<br />

V3.0 by MDCL-Frontline, China. Mocha BSM<br />

is one of MDCL-Frontline’s suite of Mocha<br />

software that provides solutions for business<br />

process management, IT service management<br />

and wireless and mobile applications.

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