SINGAPORE - 3 March 2010 - Mainboard-listed Teledata (Singapore) Limited 电传数据有限公司 ("Teledata" or the "Group"),a leading regional IT systems integrator and communications services company, is beefing up its senior management team as part of its strategy to regain its position in the industry and tap new business opportunities for growth.

This follows the entry of Calypso Capital as a new controlling shareholder of the Group and the appointment of Christopher Pan as its new Chairman and Chief Executive Officer together with two new board directors, in November 2009.

In the Group's latest recruitment, IT industry veteran Howard Kim has been appointed Managing Director. As part of his remit as Managing Director, a new role specially created to help Teledata tap new business opportunities in the region, Mr Kim will play a key role in executing the Group's business strategies together with Mr Pan. Mr Pan, an ex-investment banker and head of Calypso Capital, will continue to steer the Group's corporate and strategic development, with a focus on financial strategies and mergers and acquisitions ("M&A").

Since Mr Pan came onboard in early November, the Group has been undergoing an extensive corporate restructuring to streamline its operations and improve operational efficiency, in an effort to better position the Group for new growth.

Explaining the latest appointments, Mr Pan says, "Teledata is undergoing a renewal process to create a tighter, leaner ship. As we seek to renew and strengthen our position in the market place, expand our capabilities and leverage new business opportunities, the skills and expertise of our top executive management team will be a key factor."

"As a veteran in the high-technology industries, Mr Kim brings with him extensive experience, knowledge and network that we believe will be instrumental in bringing Teledata forward," adds Mr Pan.

Profile of Mr Christopher Pan, Executive Chairman & CEO
Mr Pan has 18 years experience in private banking, asset management, auditing and investment banking. He has an extensive track record in traditional and alternative investment management products, including hedge funds, private equity and mutual funds, amongst others.

During his tenure in the financial and capital markets, Mr Pan held senior executive positions in leading financial institutions such as Merrill Lynch, Credit Suisse, BNP Paribas and Barclays Capital. Over the years, he had worked in key financial centres such as London, Zurich and Singapore, servicing clients which span Asia, Europe and the US.

Profile of Mr Howard Kim, Managing Director
With over 20 years of experience in the communications industry, Mr Kim has held various key executive management positions for several high-tech corporations where he was responsible for successfully establishing and growing their presence in the Asia-Pacific market. Some of the leading communications and networking companies that Mr Kim had served in included Sycamore Networks, Hypercom Pte Ltd, Cascade Communications (Lucent), StrataCom (Cisco), Ungermann-Bass (UB Networks), Compression Labs, California Microwave, and GTE Corporation (Sprint Communications).

Since July 2001, Mr Kim is also the Chairman and Group Managing Director of Jay-Young Company ("JYC"), a privately held diversified investment and business development company with high-level expertise to guide U.S. technology companies to establish and expand their international presence in the Asia-Pacific market.

Besides being a Limited Partner with Storm Ventures, Telesoft Partners and Granite Global Ventures, Mr Kim is also involved in private equity funds focusing on project financing of several leisure and entertainment projects throughout Asia Pacific Region.

About Teledata (Singapore) Limited
Listed on the Main Board of the Singapore Exchange in 1994, Teledata is a leading IT systems integrator and communications services company, unique for the depth of its capabilities and the dedication of its people. Its people are experts in communications technology and excel at delivering customised communications services and solutions to its customers.

Founded in May 1976, Teledata has since grown to become a regional company with offices in 6 countries and customers throughout the Asia Pacific region. The Group's clientele range from large enterprises and telecommunication carriers to small enterprises in varied industries, some of which have been the Group's customers for over 30 years. To deliver best-of breed, advanced and flexible solutions, the Group partners world-class technology providers from around the world.